When one thinks or speaks of a progressive government, the Federal Government of Nigeria never comes to mind because the Buhari-led administration (a so called progressive party) have continued to prove over and over again that voting them into power was a mistake. The administration have shown complete lack of capacity and foresight in handling issues of National interest. About 7 years now since the administration promised to turn things around, we’ve only had worst. Insecurity is at its worst state in our nation’s history; Inflation at its highest level; Corruption is the order of the day -so I ask, what has really changed since the Buhari administration took over in 2015?
The removal of subsidy petroleum is hypocritical. Why? Because the same old man who hammered President Goodluck Jonathan for only suggesting to remove the so-called oil subsidy has now removed same subsidy over three times since assuming office. The newest scam and probably one of the biggest to be this year is Buhari’s Minister of Fininace talking of dashing out 5 thousand naira to 40 million Nigerians on a monthly basis.
This, in my opinion should be rejected because it is a complete fraud. We do not need a monthly 5 thousand stipends and here is why: The massive corruption to take place with this programme cannot be overstated as it is a norm with the APC administration; Secondly, it makes no economic sense to dash out peanuts to citizens in an already inflated market where a loaf of bread is 600 naira and price of gas at its highest ever when they can equally invest in other sectors of economy to create room for even more employments; Thirdly, 5k to 40million citizens would result to around 200billion a month and the government intends to run such a bad programme for 12 months, which in fact would result to 2.4trn naira.
With the above, it is right to say that the government had lost it and have no clue on how to make things work in a country gradually turning into a failed state.
Basically, rather than embarking on this programme that had failed before, these finances could be used in one way or the other to tackle the cancer of unemployment that has clearly resorted to extreme rise in the security challenges the nation is faced with.
The President must reason wisely and to know where exactly he directs our resources to. Alas, I must say that implementing this ought to be the greatest economic blunder in the history of mankind (literally), and must be rejected aggressively by well-meaning Nigerians -knowing fully well that it would not even be accounted for (for the least).