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LIFETIME OF ECONOMIC MOTION WITHOUT MOVEMENT

Buhari: PDP chieftain commends Buhari over security measures
In all my adult life, we keep grappling with the same sets of economic challenges as a society. Going to 56 years after independence, we are still stuck with the same issues, fuel scarcity, lack of electricity, bad roads etc.

No wonder former President Jonathan counted “constant availability of petroleum products” as an achievement. Well, it is not so funny again. Apparently, the ability to place an order for fuel cargo is the equivalent of rocket science in Nigeria. It should be sad enough that we cannot refine our crude oil. We have now gone to the extent of not being competent enough to import from those who can refine theirs! We can’t refine and we can’t import!

President Buhari cannot be held responsible for the rot at NNPC. The corporation has been a cesspool of decay and headquarters of incompetence for decades. And we’ve been experiencing fuel shortages from the days of military rule as far as I can remember. In fact, fuel queues were a logo of the Gen. Sani Abacha regime.

Many years after, we are still moaning about fuel scarcity again. We have been doing that in the last 16 years. The more we say things have changed, the more they remain the same. The refineries did not work under Abacha. Obasanjo was in power for eight years and the refineries did not work. President Umaru Musa Yar’Adua came around for nearly three years and the refineries remained useless. Jonathan held power for five years, same story. I don’t even know Buhari’s strategy, but repairing the refineries is a waste of time and resources. They can’t even meet our needs in any case!

Discussing the power crisis can lead to sanity. When Obasanjo became president in 1999, we celebrated generating and distributing 4,000mw. Under Vision 20-2020, we were supposed to be at 10,000mw by 2007. When Obasanjo left in 2007, we were still celebrating 4,000mw. Yar’Adua promised to declare power emergency “within 100 days” of his inauguration. Instead, he stalled the projects started by Obasanjo and kept grumbling that $15 billion was spent on power with “nothing to show for it”. Jonathan came, saw and left us celebrating 4,000mw. We’re still stuck at roughly 4,000mw — where we were 16 years ago. Buhari has promised us 10,000mw again!

Anyone who left Nigeria 30 years ago and returned last week would be amazed that we are still discussing the same issues. 
Newspaper headlines are so alike. We are still discussing run-down refineries, collapsed education system, epileptic power supply, corrupt police force, hopeless hospitals, bad roads, unpaid salaries, forex crisis, diversification of the economy and all that. We have changed presidents, changed forms of government, changed parties and we are still cutting and pasting the same issues. Read more at:

Nigerians should be desperate to see Buhari succeed not just because they like him but also because this is a very rare opportunity to have such an upright and strong character as president. If he fails, we’re stewed.

For Nigeria to develop with the tenacity of purpose, we need a patriotic, honest and strong-willed leader working with a competent team. But Buhari must be flexible in the area of policy. If a blueprint is not working, you are allowed to modify it to accommodate new ideas. NNPC is going nowhere the way it is. The power situation will continue to get worse as things stand. Pragmatism is no corruption, dear president.

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