Inflation Exposes Buhari’s Failings As Noose Tightens On Households

Inflation Exposes Buhari’s Failings As Noose Tightens On Households

Author: Africa Business Radio July 19, 2022 Duration: 28:21
News Express
Business
In the lame duck year of his presidency, President Muhammadu Buhari is finding out every day that all the indices of measuring his management of the economy are exposing him as lacking in the requisite capacity personally, and even in the ability to assemble men and women with the ability to deliver for him.
President Buhari had assured Nigerians when he first applied for the job in 2015 that he knew what the problems of Nigeria were and he had articulated them and then promised citizens and friends of Nigeria that he would approach them by tackling three issues, namely, insecurity, corruption and the economy (particularly, unemployment).
But as the President runs down the clock to bring his eight-year rule to a close in May, 2023, all three issues are all belly-up. The economy is in shambles and the indicators are flashing red in all areas.
Unemployment is still at an all-time high at over 32 percent with strong suggestions that total real unemployment could be in the 53 percent region.

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