Tomorrow,
May 29, 2020, is what used to be referred to in Nigeria as “Democracy
Day,” but now it will only serve as the anniversary of President
Muhammadu Buhari's regime and that of some state governors. It is usually a
welcome excuse for great celebrations, chest-beating and wild claims about
humongous achievements, many of which exist only in the imagination of the
mostly failed leaders.
Even the
term “Democracy Day” (which is now observed on June 12)
is such an excruciating irony in a country where almost all the features that
distinguish democratic societies have been brutally obliterated, leaving the
populace continually trapped in destabilizing apprehension.
There would,
however, be no parties tomorrow. A hostile, dreaded visitor
called Coronavirus is town! Let’s hope, therefore, that the
absence of bacchanals tomorrow will afford our leaders the conducive
atmosphere for deep, sober reflections, to determine whether they
have merely added to the suffering and pain of the people or helped, even in
some little way, to reduce them.
If Nigeria is working, we will know! Those were the exact words of late Prof Chinua Achebe, Africa’s foremost
writer and distinguished intellectual. In other words, the citizens do not need
any bogus claims by government’s megaphones to realise that there is an
improvement in their country’s economy because it will automatically translate
to an enhancement in their lives.
And as they
enter the markets to procure their basic needs or engage service providers for
some of those services they just cannot do without, they would certainly have
direct encounters with the “improvements” their country is alleged to have
witnessed. But sadly, what they are still seeing everywhere are benumbing
evidences of further deterioration and the attendant pains – a direct
result of very poor management of their country.
The
International Monetary Fund (IMF) issued a report in March 2019 and announced
that the “Nigerian economy is recovering.” The people who read the
report must have echoed: which Nigeria? The one we live in or another?
“Real GDP
increased by 1.9 per cent in 2018, up from 0.8 per cent in 2017, on the back of
improvements in manufacturing and services…and strides to improve the business
environment,” the IMF crowed.
Now did you
just hear that in this country, there is an “improvement in manufacturing
and services…?” When did the IMF become a body of fiction writers?
Could, somebody, please, ask them to furnish us with specific examples of this
milestone they claim that our country has achieved? Is this not the same
country where companies are folding up or relocating to other places due to the
high cost of doing business caused mainly by the seemingly intractable,
epileptic electric power supply, rising insecurity and unstable policies?
Although,
the IMF moderated its optimism and toned down its report at several sections,
those brazen declarations of unverifiable “recovery” and “improvement” can only
be seen as an advertisement of gross insensitivity to the fragile feelings of
hapless Nigerians trapped in the throes of a battered economy being
progressively compounded by the reckless experimentations of a noisy bunch of
tyros.
One of the
most dreaded phrases in Nigeria of the mid-eighties, specifically, during the
Gen Ibrahim Babangida junta, was “IMF conditionalities” which our country was
required to fulfill at that time to qualify for an IMF loan. Happily, Nigerians
unanimously rejected the poisoned apple. Since then, I have been very
suspicious of the motives of the IMF and whatever it says about any country,
especially, in Africa. Its prescriptions are often killer-pills that plunge the
citizenry into needless sufferings and ultimately set the country on the path
of destablisation.
And so, when
you see them praising any country, just watch out: that country may be naively
or even unwittingly complying with its “conditionalities.”
IMF has
always recommended massive devaluation of the Naira so we could have what
they called, a “realistic value” of our currency; never mind that this will
brutally weaken further the purchasing power of the already impoverished
people.
Well,
Nigeria through the howling incompetence of her groping leaders has already
horribly devalued the Naira, probably, far beyond the expectation of the IMF.
Have you tried recently to purchase even the weakest currency out there
with your Naira? That’s how bad it has become!
Another
“conditionality” at that time was the downsizing of the civil service. They
called it the beautiful name, “rightsizing.” Already, many state governments
are almost on that excruciating path as they threaten to drastically reduce the
public service population if they must pay the meagre N30, 000 Minimum Wage.
Many workers have already been frustrated out of the civil service by very poor
working conditions and the tormenting experience of being laden with mountains
of unpaid salaries. Some have even been “retrenched” by death due to inability
to feed themselves and care for their health as their callous and profligate
governors withhold their salaries.
The
other “conditionality,” the introduction of school fees in the universities, is
already operational at the state universities and partially at the federal
institutions while the rationalisation of courses which has been on the cards
is already being partially implemented. So, the IMF is already
winning in Nigeria. The “conditionalities” they handed down to us in the
eighties are already enjoying full implementation. It has always insisted that
the implementation of these measures represent the fact that we are already on
the path of progress. Does that make even the slightest sense to
you?
The real,
killer “conditionality”, however, is the total absence of subsidies which
is gradually showing its egregious head, and may become fully manifest
soon as the nation’s worst nightmare, especially, in the
prices of petroleum products – even though there was a slight
downward review of the pump price of petrol recently due to slump in the price
of crude oil in the international market. Already, we are hearing about what
they call “over consumption” of petrol by Nigerians which subsidy
removal will effectively check. Sometimes, I wonder what would have
been our fate if ours were not an oil-producing country.
Certainly,
many Nigerians will soon park their cars at home because of inability to fuel
them, and in a country with a chaotic transportation system. Given that most
commercial outfits and service providers rely on petrol to remain in business
due to the intimidating crisis in the electricity sector, Nigerians should,
therefore, be ready for the worst times in a “recovering economy” because the
price of goods and services would certainly ascend beyond the reach of many
Nigerians.
By the way,
why is this anti-subsidy pill always appearing like an “Only-For-Africa”
solution? Why are they are not breathing down the necks of other countries that
are heavily subsidising education, healthcare and several other services for
their own citizens?
In Kuwait,
for instance, government provides free medical care for its nationals. They are
also trying to establish what they call “expat-only hospitals and clinics”
which will serve the health needs of expatriates with health insurance
coverage. And their hospitals are of very high standard.
In
neighboring Saudia Arabia, the same “completely free” medical services are
offered to Saudi nationals. Even near us here in Seychelles,
government has put in place a system that ensures that sick citizens receive
free medical treatment.
The same
system is operational in Mexico, Trinidad and Tobago, Bhutan (which even moves
serious cases to Indian hospitals for treatment at government’s expense) and
several other countries which Nigeria may even be far richer than. In
Spain, government “provides a
public universal health care system for all citizens and, under
certain conditions, also, non-citizens. Healthcare is free except for
co-payments in some products and services; it is mostly paid from
the Social Security budget.”
Why are the
IMF and World Bank so determined to keep stampeding governments in
African nations into presenting themselves continually as enemies of their
people?
What of
education? Several countries in Europe offer free education, except for some
minimal fees (charged in some countries), and in several cases, international
students also benefit from this. In Norway,
Sweden, Germany, Denmark, Finland, for instance, you have world-class
tuition-free universities (which international students also benefit from).
So what is
all this fetish about the total absence of subsidies as the sole panacea for
economic growth? Has the economies of these countries collapsed because they
are offering subsidised essential services to their people (and even
foreigners)?
Indeed,
Nigeria’s problem very is far from the crazy speculations of the IMF and the
World Bank. Nigeria’s problem is the crude mediocrity, incompetence and
pervasive corruption which our leaders have instituted as an essential
character of governance.
Removing
subsidies (which will end up in private pockets, any way, if they really exist)
and unleashing more crushing pain and suffering on Nigerians will not revive
the economy. We tried it with the Structural Adjustment Programme (SAP) of the
Babangida junta, where did it take Nigeria to? But our government will readily
embrace that prescription because it will relieve it of its responsibility
towards Nigerians.
Is it not
very sad that despite being widely regarded as the
richest country in Africa, the Nigerian government seems to derive immense
pleasure from flaunting the country as poor, helpless and beggarly? If her
resources are not continuously mismanaged and looted by her leaders, shouldn’t
several African countries by now be looking up to Nigeria for help, especially,
in desperate and trying times such as the one the world is in now?
But the sad
situation is that even the most leanly-endowed African countries have since
left Nigeria very far behind in the area of provision of basic amenities for
their people. For instance, whereas other African country have since achieved
reasonable stability in power supply, Nigeria is still very far behind,
struggling with debilitating darkness and has remained the proud, pathetic
dumping ground for mostly substandard power generating sets from China. The
same goes for the provision of potable water, another sector in which the government
has failed so woefully. If the Nigerian government is allowed, it would beg for
alms from places like Somalia, Eritrea, Central African Republic and Liberia –
countries that made the list of Africa’s ten poorest countries!
Look at
what is happening in Nigeria because of the presence of Covid-19 in the
country. Unable to respond to the all-important
need for feeding its people rendered incapable of earning a living by the recent
lockdown, a problem that even countries Nigeria is supposed to be richer than
had managed so amazingly, the Buhari regime hastened to ease the restrictions
at a time the number of infected persons was rising alarmingly!
The
Nigerian government should look for thoroughly educated Nigerians with
sound understanding of the country's economy, who knows how to navigate it
out of the woods, and stop hiding its incompetence, confusion, and failures
behind “reports,” “recommendations” and suspicious “commendations” from a
gaggle of confused foreign “experts.”
We can
solve our problems if we sincerely wish to.
* By Ugochukwu Ejinkeonye
Ugochukwu
Ejinkeonye is a Nigerian Journalist and Writer (scruples2006@yahoo.com;
twitter:@ugowrite)
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