MOST NIGERIANS DON’T UNDERSTAND HOW DEEP THE CUT FROM RECESSION IS

Image result for muhammadu buhari and okowa
Each election circle gives the electorate reasons to make a choice between competing politicians and political parties. The choice we make is arguably informed by our honest belief that either an old government is good enough for us to renew its mandate or opt for a new administration that offers us more seductive promises of a better tomorrow. A mid-term report is assessment time for us. Did we make the right choice of parties and individuals in 2015 or were we tossed about by the sentiments and the shenanigans of politics?

Whatever we make of the mid-term reports must be moderated by one sad visitations from fate on our country and States. 

No one foresaw the current difficulties in the economy. The recession makes it difficult for us to properly assess the competence of the government in the management of our economy. We cannot hazard a fair guess as to where we would be today if the recession did not happen or if it was a mild shock to our economy and simply passed on. Whichever gods dropped this dead herring on our path must be ashamed of themselves.

Economic recession has taken its toll on the country’s economic output and it has affected just about every sphere of our national life as well.  The recession has hit States revenues hard and although resources are declining, needs are not. Deep State funding cuts arising from the present recession have major implications for public projects and programmes.

It is however most unfortunate that majority of our people do not know nor understand how deep the cut inflicted by economic recession is. It is also most unfortunate that those who were part of the last administration are guiltier of this. They are either erroneously assuming that the economy remains same or they are deliberately feigning ignorance to malign the present administration. It should be made clear that even if the recession technically ends in 2017, budgets are not expected to regain their pre-recession 2014 funding levels until the end of the decade, for a number of reasons.

However, a government is as much a victim of fate or luck or circumstance as the individual. We can see that from the current recession. Whatever Senator Okowa had in store for Delta State and its people in the area of a sensible management of the economy has been shunted aside by the arrival of the recession when we least expected it. Still, the electorate is not usually persuaded by the victimhood. It is persuaded by promises fulfilled or unfulfilled.

Still, we would be uncharitable to deny that the administration has made some commendable efforts in some fundamental areas. It has never been easy to define good governance. And this not being a mathematical question, it does not give us easy answers either.

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