2017: “Saint Buhari” and More Economic Stagnation

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. Continue reading

When Empowerment Becomes a Euphemism for Corruption

Empowerment

The word and context of “empowerment” has come to take on in interestingly corrupt or perverse meaning of its own in everyday Nigerian parlance. Unlike its real meaning in everyday day society or academia, it has by way of customary euphemism come to mean the “corrupt and preferential distributions of rents (public goods or public funds) through patronage networks to key political supporters and their dependents”. Empowerment by such an understanding has evolved in to a social bad. Continue reading

Oil and Gas Free Zone in Nigeria: What is it all About?

OGFZ Pic

It was recently announced in July 2015 that Brass in Bayelsa State, Nigeria has been designated as an “Oil and Gas Free Zone” by the federal government. It was shocking to find out at a popular Nigerian eatery on the Old Kent Road, London that some university educated and hardworking men (originally from various parts of the Niger delta) solemnly thought “Oil and Gas Free Zone” (OGFZ) meant that Brass will be free from all oil and gas exploitation i.e. become a protected green zone. Such a misunderstanding is not unusual since the “free” like “foreign aid” in the global economy mean the opposite of their customary meanings. Continue reading

Buhari’s Political Pace: Slow, Slow, Fast!

Buhari

Nigerian President, Muhammadu Buhari, has not yet made any particular major political appointments most notably those of ministerial office. This strategy of not rushing to make political appointment has put Muhammadu Buhari firmly in the driver’s seat of governing the nation and left the visible and invisible political patrons (kingmaker and godfathers) thoroughly perplexed. Is there any wisdom behind Buhari’s strategy? Continue reading

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