Posts Tagged ‘neoliberalism’

Never underestimate the wisdom of the old saying, “what Britain needs is another good war”. Peace, jobs, wages, NHS are boring and responsible for the national malaise in politics. Or are they? The May 5th local elections are over and the June 8th general election is on its way.  (more…)

The trouble with Nigeria is simply and squarely a failure of leadership. There is nothing basically wrong with the Nigerian character. There is nothing wrong with the Nigerian land or climate or water or air or anything else – Chinua Achebe

In the year 2017, Nigeria’s economy is predictably going stagnate further without recourse to rescue. Maslow’s ‘hierarchy of needs’ will be mostly only fulfilled at the bottom level in the nation. The imminent threat of mass hunger will eventually overtake the ‘Nigerian genius’ of denying hunger when living with sharply decreasing calorie intake over time. Stuff higher than food and water will be harder to acquire or keep. Hopes for improving personal prosperity have never been higher but the economic, cultural and political climate has never been so decisively forbidding. Business opportunities, profits, employment, ethical credit, education, exchange rates are all facing steep decline.  It is all, sadly, a problem of leadership and the “Household of Buhari” is a big part of the problem. (more…)

buhari begging bowl

President Muhammadu Buhari won many die-hard supporters purely because he refused to play the game of “begging bowl politics” at a time when Africa’s innumerable dictators were queuing up to take IMF / World Bank loans as global neoliberalism aggressively dictated. If Buhari had accepted the aggressively marketed neoliberal-induced loans, General Ibrahim Babangida might have never become president and Nigeria’s recent history different. Conversely, if Buhari had remained in office enduringly then with the “no loan” stance, Nigeria might be up there today with Botswana, a nation that rejected IMF / World Bank loans. However, Buhari, now a democratically elected president is actively courting loans from economic powers, the most recent being China. What happened? Egnahc? (more…)

buhari fashola

When President Muhammadu Buhari won the 2015 general elections, he did so largely with the support of neutral and anti-PDP (Peoples Democratic Party) commentators. Everything bad in Buhari’s life history was to be forgotten and everything good was in ascendance. From another perspective, it was very difficult for practitioners of competent thinking to justify the pervasive profligacy behemoth of PDP while in power. The ministerial appointments Babs Fashola, Timi Amaechi and other ‘gubernatocrats’ that took more than half a year to make that was the start of the negation of support for President Buhari. Many thinking men deserted except the likes of Wole Soyinka turned their backs on and pens against Buhari. But many political miracles were promised by the Buhari government. Where are they? (more…)

dasuki  Nigeria

The “Sambo Scandal” (concerning one Col Sambo Dasuki) is just another story when compared to the full scale of looting in Nigeria; it’s just ‘Hot Air’ and Hollywood. The Government of Nigeria (GON) since the military regime of Yakubu Gowon has squandered around $1 trillion on nothing but personal enrichment and the provision of mostly shoddy goods and services to Nigerians. Call it the “national cake” (that has no bakery) or the “pot of soup” (that has no kitchen), Nigeria’s wealth is on a daily basis being shared like cake and soup at parties for and by the “Owners of Nigeria Technostructure” (ONT) and at their very own imperturbable convenience. This situation is incredibly far beyond the stilted fanaticisms of All Progressives Congress (APC) and People’s Democratic Party (PDP) supporters. (more…)