By Tayo Ogunbiyi
While addressing some Nigerians in Diaspora in the course of his recent visit to the United States of America, President Muhammadu Buhari revealed that he was aware that some Nigerians are already becoming impatient with the perceived ‘slow’ pace of his government. He even informed his audience that some Nigerians now refer to him as ‘Baba go slow’. He, however, pledged that irrespective of his country men’s initial misgivings about his style of governance, his government would not disappoint the people.
In reality, no one should begrudge Nigerians about their early distrust of the Buhari administration. Really, these are not the best of times for our beloved fatherland. The economy is currently in a comatose. The nation’s foreign reserve has been recklessly depleted. To worsen things, with the continued somersaulting of the naira, inflation and unemployment are at an all-time high. Indeed, one would not be missing the point if one should assert that the Nigerian economy is in shambles. The decline in the global price of oil has continued to deal a devastating blow on the Nigerian economy.
With major consumers of our crude oil such as the United States and Britain now looking elsewhere to source for their oil needs, we have had to cut down on our daily crude production. The reality of our awful economic situation is already biting hard on almost every facet of our national life. Lots of the states in the federation are almost grounded economically with some having difficulties paying workers’ wages. Currently, aside the various federal government agencies and parastatals that are being owed various salaries and emoluments, about twenty state governments owe workers salaries ranging between seven and two months while some have resorted to paying their workers half salaries.
Aside the poor state of the economy and its devastating effects …Read More
Source:: PM Newspaper
