Showing posts with label Mr Wale Edun. Show all posts
Showing posts with label Mr Wale Edun. Show all posts

Saturday, March 2, 2024

Why Tinubu’s Policy Adventures Will Fail

 By Charles Onunaiju

President Bola Tinubu and his administration bask in the euphoria that they have taken some “tough” and “courageous” measures that would deliver prosperity to Nigerians in the future. The coordinating minister of the economy, Mr Wale Edun, recently stated that despite public uproar at the harshness of the measures and their devastating impact on the lives of Nigerians, along with the more frightening dimension of security meltdown, the administration has been receiving accolades at several international forums, including the World Bank, IMF, and the G20 meetings.

*Tinubu

However, it is not because the measures are tough, courageous, and may have attracted accolades from outside that they may fail to produce any result close to prosperity, but because they are extraneous and largely disconnected from the existential reality of the current condition of the country. The choice of the word “measures” to denote government response is deliberate, even as it is widely called policy.