President Goodluck Jonathan

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The ‘Funk’ of Buhari: A Tale of Stolen and Uncollected Revenues

When it comes to attacking and witch-hunting the defenceless, or the underestimated, President Muhammadu Buhari has a heart larger than Zuma Rock – his machismo is unlimited; when it comes to dealing with major players in the Nigerian economy Buhari’s timidity is fantastic. In his anti-corruption campaign, Buhari has focused purely on the refund of stolen and the freezing of economic activity, causing much suffering and hunger in the land. Still, he dare not go against the oil companies that have raped Nigeria for what it is worth for over half a century. It takes more than average testicular fortitude to deal with such concerns and losses.

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Are Buhari’s Fears a Signal of the End of Nigeria?

In December 1984 my late father made a remark that I could not understand at the time, he said, “the leaders of Nigeria will know no fear till the [oil] money runs out”. It was not until July 2000 that my father told me that the idea was proposed by his friend, the late Claude Ake. Since the oil boom of the early 1970s, no Nigerian head of state has been “afraid” of his watch or patch despite the coup d’états and the instances of serious political instability encountered. Now that the abundance of petrodollars earned from oil has suddenly become seriously scarce President Muhammadu Buhari has become in a pioneering approach, frank, open and expansive about his “fears” in power as presented in a recent missive. Read More “Are Buhari’s Fears a Signal of the End of Nigeria?”

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Mr President ‘Changes’ From Poor Man to Rich Man

Femi Aribisala is undoubtedly one of the brightest and most effective journalists and bloggers writing out of Nigeria. He is one writer who indeed never seems to disappoint with his pen, be it a tweet or an essay for Vanguard or elsewhere. In a recent tweet, Aribisala emphatically states @femiaribisala – March 13th 2016; “Buhari said he is a poor man during the election, now he says he is a rich man who can afford to send his children to school abroad.

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Buhari’s Choice and the Expected “Fashola Miracle”

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? Read More “Buhari’s Choice and the Expected “Fashola Miracle””

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Dasuki’s Warning to Buhari : Anti-Corruption Miss Road

Col Sambo Dasuki has sent a strong warning to President Muhammad Buhari; and the encoded message is “back off! or we both will share the same prison cell”. The recent disclosure that President Buhari was given two jeeps and $300,000 by former National Security Adviser, Dasuki, as a gift from the presidency in the aftermath of the assassination attempt made on his life may be the tip of a ‘sweetened iceberg’. Dasuki may have a lot to reveal about President Buhari and members of his fellow APC if he is forced to but this revelation is a warning. Perhaps, the truth will have to be held hostage and anti-corruption shall become a ‘miss road’ matter. Or they all go down. Read More “Dasuki’s Warning to Buhari : Anti-Corruption Miss Road”

The Sambo Scandal & the “Owners of Nigeria”

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. Read More “The Sambo Scandal & the “Owners of Nigeria””

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Is the TSA a Panacea to Corruption?

The Treasury Single Account (TSA) was adopted by Ngozi Okonjo-Iweala, a diehard neoliberal, while she was Minister of Finance under the presidency of Goodluck Jonathan. The TSA a monetary tool introduced to reduce the cost of borrowing in a debt-stricken neoliberal world and ensure idle or unused monies by government agencies do not sit in accounts. The introduction of the TSA into the Nigerian system of economic management has nothing to do with the intelligence or sensibilities of either Goodluck Jonathan or President Muhammadu Buhari; it is a “compulsory” International Monetary Fund (IMF) instruction. Is the TSA an effective anti-corruption tool though or not? Read More “Is the TSA a Panacea to Corruption?”