Skip to main content

Nigerian Volatile Economy and Bad Governance

By Egbara Emmanuel.

I have no doubts at all, that since 2015 when the reins of government changed in Nigeria, decision-making on problematic areas of the economy have been submerged in uncountable controversies.

The government is underperforming. It has woefully failed in immeasurable instances; where it has sidelined the needs and aspirations of majority of the population, who for no palpable reason have to grapple with two more years of deception, and public display of wealth by government officials.

There has been too much of rhetoric, counter-accusations, lies, and commentaries based on nothing but extreme mudslinging that carries the burden of unsubstantiated facts. This has become the hallmark of the present administration in Nigeria , a country that started benefiting from oil revenue for decades, but has nothing much to show in terms of practical economic benefits.

New challenges emerging in Nigeria, and the ones that appeared to have been met by the introduction of not-too-good interventions had also translated into slow mismanagement of the country’s economy.
This presents to the world a portrait of deficient leadership, and bad governance.
The approach to economic growth due to oil production, and yet to be trapped gas, has been sub-standard, and it had become pretty clear that policies for sound economic take-off have been severely affected by beggar-thy-neighbor attitude. Nigeria lacks strong leadership, and unless that changes, the country’s poor economic management, and recent debacle of new borrowing and lending would remain a disincentive for rapid growth, as domestic output decreases.
The government’s desire to protect its appointees and party interests appear to be dominating its interventions.

Inevitably, the people suffer from the impression that this government lacks the ability to govern. The engagement in self-deception, and sweeping statements which the president of a country does not condemn, are not only shocking and demeaning, but help to define how far Nigerian Democracy is deteriorating gradually, but surely into a volatile posture.

When will sanity prevail?
Bad governance cannot foster development, and it is imperative the government begins to design and implement development strategies geared toward individual needs and circumstances, while ensuring improvement in the government machinery. Nigeria is on life-support against the backdrop of failed promises and trivialities that represent a mockery of the government and its paid commentators who have disengaged their attention from “bread and butter” issues.

If some developing countries enjoyed good governance that facilitated rapid economic growth, it was due to their truthful engagement with the citizenry, and solving problems.

Nigeria lacks this vision; the broader repercussions are that poverty and unemployment have increased. This has been the bane of the people’s existence.

There is lack of a driving force for good economic management, as the government fails to recognize that there is a correlation between development, the impoverished and badly governed.

The demand for fresh thinking and change is legitimate, partly moved by the fact that the people have been short-changed and micro-managed by deception. It is important the people learn and work toward change, and good governance. They should intensify the demand for policies tailored to basic needs, quality education, infrastructural development, functional health system, gender equality, incentives for the disadvantaged and the elderly.

To the people: “power lies in your hands, you have to determine which direction to go, but continually ask yourselves, if this is the type of governance you voted for”. This would help define what Nigerians could become, if people really aspire to free themselves from these disturbing manifestations of a bigoted government.

In these three words: inconsistencies, intolerant, and unrepentant, Nigerians can sum up what they have learned about the ruling government, its actions and inactions.


Comments

Popular posts from this blog

Autopsy revealed Joy Odama died of excess cocaine poison.

Justice for Joy Odama gets boast as autopsy reports she died of acute cocaine poison.  The said Alhaji Adamu Usman has not been arrested after police claimed he's on the run. He showed up on the day the IG invited the family of Odama and others who have indicated interest on the case.  The member of the state house of  assembly Hon Regina Ayaogu has taken up the case in the lower​ chamber, unlike the House of Representatives member, Hon. Jarigbe Agom but we are yet to hear from Sen Rose Oko, representing the good people of northern Cross River  What the family is asking for is justice and the alleged Alhaji should be made to face the wrath of the law.

REVISITING THE PATH OF AN ACHIEVER: HON. GABE UGOR, THE JUDAS ISCARIOT OF THE NORTH

Due to the vicissitudes of this juncture as triggered by the force of 2019 political uncertainty in our nation, Nigeria, a lot of political particles have been energized for their ultimate interest which is not alien to our kind of politics. Those suffering from political apathy are being schooled via electoral education by civil society groups and political campaign organizations on how to exercise their franchise. While these ups and downs are taking place during this electioneering, politicians and their protégés are shifting camp and equally switching party. Of course, every cattle wants to graze in greener pasture. Penultimate weeks ago, the senator representing Cross River central senatorial district, Sen. John Owan Enoh declared his intention to contest in the gubernatorial race under the platform of the All Progressive Congress, APC. It shook the state's political platform to its base. Since his declaration, he has been navigating his voyages across the tumultuous ...

YOUNG PROGRESSIVE PARTY, YPP CROSS RIVER STATE CHAPTER COMMENCES SALES OF INTENT/NOMINATION FORMS.

Sequel to the resolutions of political parties in the state with the elections' umpire, Cross River State Independent Electoral Commission,CROSIEC on Monday being 30th October in pursuant to the suspended local government elections in the state and other sundry matters. The general public and members of our great party, YPP are by this information notified that the Young Progressive Party, YPP Cross River State Chapter has begun the sales of Intent/Nomination forms. You are, therefore urged to bear in mind that picking and submission of completed forms begins 1st through the 10th of November 2017. The forms goes for N120,000 and N50,000 for chairmanship and councilorship positions respectively. For further information, visit our secretariat at #78 Marian road, opposite Federal Pay Office Calabar. Or contact the following mobile numbers : 08066435655; 08066714208, 07032461628. YPP! Service to the people and for a better Nigeria. Signed Comr Ogar, Emmanuel Oko State...

Attention : Dr. Mike Ushie Sir, AN OPEN REQUEST FOR MORE LIES AND FLIMSY EXCUSES FROM THE CHAIRMAN OF CROSS RIVER STATE INDEPENDENT ELECTORAL COMMISSION, CROSIEC OVER THE PROTRACTED LOCAL GOVERNMENT ELECTIONS.

In times like these, it's quite necessary to extend kind pleasantries and best wishes to all and sundry that intercepts one; mostly in the season of yuletide. It's sequel to the aforesaid, that I sincerely wish you a merry christmas and happy new year in advance. Do have the best celebration. Mr.  Chairman, I love to begin with formal introduction of my humble-self in order to clear any suspended and suspected doubts that might be encountered during the cause of you perusing this epistolary and help conserve the energy you would, perhaps dissipate to enquire who the writer is. Be it as it may, I write to convey to you and your commission not the assurances of my confidence as I had done orally the penultimate time; but to relay to you my concern, pains, worries and fears over the unfortunate and unfavorable vicissitudes orchestrated and perpetrated by you in the name of 'politrick' regarding the local government elections. Sir, I shall be addressing issues as ...

Ezama assures Cross river children a better future.

May 27, 2018 Hon.Chief Mrs.Theresa Ezama,the chairperson for child protection commission, cross river state  has expressed optimism on the future greatness of the state on account of the tremendous promise shown by the children of the state in recent times. Ezama was speaking at the ceremonies marking this year’s edition of Children’s Day in Okuku,  expressed her happiness that the efforts of the Ayade-led administration to mould Cross river children into future leaders were beginning to yield desired results. “Our children have powerfully responded to our efforts to plant greatness in them for a better tomorrow. Indeed, it is gratifying to see that the Cross river child has set himself/herself apart from his/her contemporaries across the country. He/she has shown a tremendous hunger for achievements that even the world can no longer ignore the desire.” The Chairperson lauded the Cross river children in their WAEC/NECO grades in 2018. “Our children have also contin...

Obama: Unedited Farewell Speech in Chicago.

Here is an unedited transcript of President Obama’s prepared remarks during his farewell address in Chicago, as provided by the White House. --- It’s good to be home.  My fellow Americans, Michelle and I have been so touched by all the well-wishes we’ve received over the past few weeks.  But tonight it’s my turn to say thanks.  Whether we’ve seen eye-to-eye or rarely agreed at all, my conversations with you, the American people – in living rooms and schools; at farms and on factory floors; at diners and on distant outposts – are what have kept me honest, kept me inspired, and kept me going.  Every day, I learned from you.  You made me a better president, and you made me a better man. I first came to Chicago when I was in my early 20s, still trying to figure out who I was; still searching for a purpose to my life.  It was in neighborhoods not far from here where I began working with church groups in the shadows of closed steel mills.  It ...

MAKING YALA GREAT AGAIN

Fortnights ago, in one of my penultimate articles titled; YALA LGA POLITICS IN FOCUS: A CHRONICLE Of ITS POLITICAL TRAJECTORY, where I attempted to straighten a sloppy contour in Yala political delineation based on available statistics. I inaccurately wrote that Mr. Omaga Odo the Peoples Democratic Party, PDP Cross River State chapter Secretary was from O’oh councilward; rather, he’s from Okpoma ward. Again, the write-up portrayed Gabu and Yache as unit ward. There’re actually autonomous wards of their own. Also, I mistakenly omitted Wanikade ward from the list of wards in constituency II. The error and omission are highly regrettable and no harm whatsoever conceived or intended. As June 17 approaches, a lot of political blitzes are ongoing— consultation, enlightenment campaign, permutation, and scheme and gimmick to woo the electorate and court the courtesy of some monopolistic politicians. Varied interests are building up in different directions. Some are in line with zoning par...

President of OneAdultOneYouth, ENE LILIAN chides INEC for not doing well in registering Nigerians.

she has fault INEC for not doing enough by citing the lapses recorded by the people in the field, in addition made recommendations to put INEC on the right path to get Nigerians registered. Read her full speech below: PRESS CONFERENCE INTRIGUES IN REGISTRATION, DISTRIBUTION AND COLLECTION OF PVC; THE ROLE OF THE INDEPENDENT NATIONAL ELECTORAL COMMISSION. According to Independent National Electoral Commission (INEC), “Registration and collection of Permanent Voters Card (PVC) is a prerequisite for exercising the right to vote. Those who do not have PVCs and whose names are not in the register of Voters will not be allowed to vote on Election Day.” “Voting is a constitutional right for all eligible citizens, the registration of voters must include as many eligible citizens as possible and registration centers must be accessible to all qualified persons.” These are assertions from the INDEPENDENT NATIONAL ELECTORAL COMMISSION (INEC) but the question that has cont...