By Fred Nwaozor
The last
time I checked, people had abruptly become fond of attributing silly jokes,
even the ones cracked by a day-old child, to Robert Mugabe, Zimbabwe ’s
president. Currently, a day won’t
pass without experiencing a certain comic utterance trending on the social
media, and when one scrolls down, he would observe the comment is credited to
no other person than the man who has ruled Zimbabwe for 36 years.
*Buhari |
This can be
related to what is making the rounds in Nigeria at the moment. Right now,
any misfortune in the country, be it personal or corporate, is wholly
attributed to the President Muhammadu Buhari-led government owing to the
obvious minuses the administration is characterised by.
It is needless to
reiterate that Nigeria
is at present undergoing recession. I’m afraid, if the needful is not done as
quickly as possible, depression might set in soonest. Hence, sound thinkers
cannot fold their arms as the painful and pathetic situation lingers. It is
their duty to proffer the needed remedy as well as tender constructive
criticism when and where necessary to ensure that the embattled giant of Africa regains its strength.
The Federal Government
(FG) has promised that the 2017 budget, estimated at N7.298 trillion, would
pull Nigeria
out of recession. This pledge does not augur well for the country since the
implementation of the 2016 budget of N6.08 trillion is still ongoing, and
indeed, over 60 per cent of the budget is yet to be implemented.
Besides, do not forget
in haste that Nigerians were equally promised a while ago that 2016 budget
would end the recession. Intriguingly, the focus has suddenly been shifted to
the yet-to-come 2017 budget. This confliction of promises significantly
indicates that the actual disease ravaging the country’s economy is yet to be
discovered by those entrusted with the task. I would say the 2016 budget can
end this monstrous era once and for all, if the appropriate things are done.
The 2016 budget is conspicuously bedevilled by limited funds, hence, the prime
problem is not its implementation but how to find the required funds. We need
to concentrate on realistic issues rather than empty ones. This is the only way
we can make progress.
If we fail to
implement the 2016 budget as expected, we will arguably still encounter similar
hurdles when the awaited 2017 budget is eventually approved by the National
Assembly (NASS). Moreover, a deficit of N2.269 trillion in the 2017
appropriation bill is enough reason to worry. This implies that Nigeria would
continue to live on mere promises whilst thousands of Nigerians are dying with
countless firms running out of business, on a daily basis. Since the NASS is
yet to approve the Presidency’s request to borrow $29.9 billion externally,
which is in line with the people’s wish, I suggest we look inwards toward
sourcing for funds internally. Several citizens would be willing to lend, or
even donate, to the government.