Buhari ‘Bankrupted’ Nigeria, But Who ‘Made’ Him President?

 By Olu Fasan

Last week, I wrote about the lack of accountability in Nigerian politics. I submitted that most Nigerians are unquestioning about their leaders, and uncritically accept whatever they’re told. Nothing proves this better than the self-serving narrative that Bola Tinubu’s government pushes about what it inherited from the Buhari administration, and the sympathy some Nigerians profess for Tinubu.

*Tinubu and Buhari 

Recently, Nuhu Ribadu, National Security Adviser, said the Muhammadu Buhari government bankrupted Nigeria. “We have inherited a very difficult country, a bankrupt country,” he said. Governor Dapo Abiodun of Ogun State later said: “Tinubu inherited an administration that was almost comatose.” Tinubu himself set the tone earlier in a speech titled “After Darkness Comes the Glorious Dawn”, saying: “We are exiting the darkness to enter a new and glorious dawn.” Unmistakably, the Buhari administration he succeeds is “the darkness”. 

Why Do Nigerian Governors Swear Allegiance To The President?

 By Olu Fasan

This is a subject I have long wanted to address. It first caught my attention when I watched the inauguration of Professor Charles Soludo as governor of Anambra State in March 2022. As he recited the oath of office, I was struck by how many times he mentioned the words “Federal Republic of Nigeria”, “President of the Federal Republic of Nigeria” and “Federal Government of Nigeria”, while he only directly mentioned “Anambra State” once; yes, once!  

*Tinubu meets governors 

The words quoted above, bar Anambra State, are in the governor’s oath set out in the Seventh Schedule of the 1999 Constitution. For instance, it says a governor must exercise the authority vested in him “so as not to impede or prejudice the authority lawfully vested in the President of the Federal Republic of Nigeria”, and “so as not to endanger the continuance of the Federal Government in Nigeria”. It goes on: a governor must “devote” himself “to the service and well-being of the people of Nigeria”. Really? Why?

2023 General Elections: The Tragic Misjudgements Of Soludo, el-Rufai

 By Olu Fasan

Someday, chroniclers of history will tell the stories of the 2023 general elections, the worst in Nigeria’s recent history. They will narrate the noble and ignoble roles played, respectively, by heroes and villains of the elections. Among the political class, villains abound. But two interest me here: Professor Charles Soludo, current governor of Anambra State, and Mallam Nasir el-Rufai, outgoing governor of Kaduna State. Neither covered himself in glory!

*el-Rufai and Soludo 

You might ask: why single out Soludo and el-Rufai? Well, few political office holders in Nigeria today entered politics with the technocratic pedigree of Soludo and el-Rufai: the former was a smart presidential economic adviser who became a reformist governor of the Central Bank; the latter, a brilliant director of the Bureau of Public Enterprises who became a transformative Minister of the Federal Capital Territory, Abuja. Both are first-class technocrats and administrators.

Soludo, Where Are The Coins?

 By Ugochukwu Ejinkeonye  

As Central Bank Governor (2004 – 2009), Professor Charles Soludo woke up one morning with a big dream. He wanted to mint coins for the use of Nigerians as legal tender. Those with better acquaintance with the psychological and cultural disposition of Nigerians told him pointedly that the policy was dead on arrival. They explained that given the behavioral pattern of Nigerians, the policy would be viewed by the majority as a needless burden.

*Soludo

But Soludo, who often appears and sounds as if every audience before him is a class of freshmen Economics students, dismissed with characteristic arrogance and cocksureness every contrary opinion. 

He went to town marketing the great benefits of the coins, harping on their durability and how billions of naira will be saved from not having to frequently replace well-worn notes any more since the coins would last till almost eternity. Seeking to talk him out of the clearly unrealistic policy was like singing ballad to the deaf!

Rotimi Amaechi Is An Ignoramus: Here Are Facts To Prove It

By Reno Omokri

It is quite possible that Mr. Rotimi Amaechi is losing his marbles otherwise why else would he be asking former President Goodluck Jonathan to account for the $65 billion that former President Olusegun Obasanjo left in the Excess Crude Account when there was never any such amount? Former President Olusegun Obasanjo and the former Governor of the Central Bank of Nigeria who served under his tenure, Professor Charles Soludo are both alive and journalists can take advantage of the Freedom of Information Act signed into Law by former President Jonathan to verify from them if there was ever any $65 billion in the Excess Crude Account.

*Rotimi Amaechi

 Rotimi Amaechi is a notorious ignoramus who speaks without thinking and it is suspected that he is going senile. The reason I say so is because Rotimi Amaechi as Chairman of the Nigerian Governors Forum is precisely the reason why the Excess Crude Account had to be phased out and below are the facts: