Understanding Buhari Government Of No Hope, No Development, No End To Economic Hardship
If there is anybody on earth that takes his people for granted, such a person is President Muhammadu Buhari.
Buhari is one President that takes advantage of the problem of his people to create more problems for them.
Before he got into power in 2015, Buhari took advantage of the insecurity in the country then and promised to salvage the problem once elected.
Today, Buhari’s government has created or it’s responsible for the worst form of insecurity in Nigeria like never before.
Before Buhari became President, he took advantage of the dollar exchange rate badly affecting the country then and promised to stop the weakening naira.
Today, Buhari government is responsible for the most embarrassing and worsening depreciation of the naira.
From less than N200 to a dollar problem, Buhari has increased the problem to N500 to a dollar.
It was sad again for me to read this evening the statement credited to Buhari Media Aide, Garba Shehu that Buhari government will wrestle food inflation in the country in the coming year 2021.
According to Garba Shehu, Buhari understanding of wrestling food inflation is by giving standing instruction to the Central Bank of Nigeria not to release cash for food importation.
The big question that readily comes to mind is that; the locally produced Nigeria Rice, is it imported food.
How is importation of food responsible for the high price of locally produced rice and others.
Part of the statement of the Presidential spokesperson reads thus: “Speaking at the fifth regular meeting with the Presidential Economic Advisory Council held on Tuesday at the State House in Abuja, President Buhari directed that the CBN “must not give money to import food.
“Already about seven states are producing all the rice we need. We must eat what we produce.
“Now the oil industry is in turmoil.
“We are being squeezed to produce at 1.5 million barrels a day as against a capacity to produce 2.3 million.
“At the same time, the technical cost of our production per barrel is high, compared to the Middle East production”.
The president that is being presented as if he knows how to tackle Nigeria problem prepared 2021 budget in a manner where the rich will experience more development and the poor will suffer more and more hardship.
The poor will work more harder and pay more direct or indirect taxes, increased electricity tariff amongst others to finance a badly and inhumanly prepared budget of allowances and debt servicing to fewer people in government.
To many, Buhari resignation as a failed and non capable government; will be the best new year surprise gift most expected this season.[jp_post_view]