PRESIDENT BUHARI ACCUSED OF CONTRIBUTING LARGELY TO NIGERIA WOES

London-based news magazine, The Economist, has described the government of the President, Major General Muhammadu Buhari (retd.), as inept and high-handed, adding that he had also failed to tackle corruption.

An editorial in its publications titled; The Crime Scene at the Heart of Africa,’ on October 23, 2021, issue said due to Buhari’s mismanagement of the economy, food prices had soared while life had become more difficult for Nigerians.

“Economic troubles are compounded by a government that is inept and heavy-handed. Mr Buhari, who was elected in 2015, turned an oil shock into a recession by propping up the naira and barring many imports in the hope this would spur domestic production.

“Instead he sent annual food inflation soaring above 20 per cent. He has failed to curb corruption, which breeds resentment. Many Nigerians are furious that they see so little benefit from the country’s billions of petrodollars, much of which their rulers have squandered or stolen.”

The publisher doesn't shy away from calling a spade a spade on the Buhari led administration. Insisting that even before COVID-19 last year, Nigeria was already witnessing unprecedented poverty that this economic hardship which fueled the current insecurity in the country.