It’s Still the Economy, Stupid!

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President Muhammadu Buhari’s setting up of the Economic Advisory Council is an underscore the need for fix the economy which still poses a huge challenge to governance, writes Obinna Chima

The phrase, It’s The Economy, Stupid, coined by campaign strategist James Carville, during Bill Clinton’s 1992 presidential campaign has remained a point in drawing the nexus between politics and the economy.

The phrase was used then to draw the attention of the candidate and everyone working for him on the need to put the people first and the need for them to focus on the economy.

Indeed, the strategy worked for Clinton then and the phrase has remained eternally relevant.

Clearly, the economy has always been the fulcrum of politics.

That was why last week’s announcement by President Muhammadu Buhari of an Economic Advisory Council (EAC) to replace the erstwhile Economic Management Team (EMT) chaired by Vice President Yemi Osinbajo since 2015, was widely commended.

The new council,…



Source: Thisday Newspaper