Re: USA Africa Dialogue Series - Buhari: A President Frozen In Time

Thank you my brother. I wonder why we like to scratch faces of situation of the past to support our daily affairs without dishing out full information about what actually happened during our referenced time and period

. Balanced your submission for it o be meaningful. We all want best for he people and Nigeria as a nation BUT not because we want such a situation and then create an unfounded analogy to nail the current situation. Objectivity is very crucial .

Regards 

On Wed, Jul 13, 2016 at 12:19 PM, John Mbaku <jmbaku@weber.edu> wrote:

To be fair to Gen. Buhari, it is important for us to remember that the conditions that existed in France in1958 (when de Gaulle took office) and those that existed in Turkey (when Gen. Atatürk came to power) are not in anyway analogous to those in existence in Nigeria in 2015 when Gen. Buhari became president. Thus, some historical context (with respect to de Gaulle's France and Atatürk'sTurkey) would make the analysis more complete and informative.

On Wed, Jul 13, 2016 at 11:57 AM, Ugochukwu Ejinkeonye <opinions234@gmail.com> wrote:

Buhari: A President Frozen In Time

By Ikechukwu Amaechi 
There is hardly any Nigerian who is not in a state of despair right now. Since Muhammadu Buhari was sworn in as president last year, despondency has enveloped the nation. Disappointment makes the misery worse.

In the build-up to the 2015 elections, Buhari was cast in the mould of Charles André Joseph Marie de Gaulle (Charles de Gaulle), the legendary French military general and statesman who founded the Fifth Republic in 1958 and was elected the 18th president of France, a position he held until his resignation in 1969.

To some others, he was Nigeria's Mustafa Kemal Atatürk, the Turkish army officer and revolutionary, who became the first president and founder of modern Turkey.

So beholden was Atatürk to his people that his surname, which means father of the Turks, granted to him in 1934, was forbidden to any other person by the Turkish Parliament.

Many of the promoters of the Buhari candidacy then assured us that by the time he was done with governance, he would be deified.
To be fair, there are still some Nigerians who believe that Buhari is Nigeria's messiah but they are in a pathetic minority now.

And that is a big tragedy, not only for us but for the man himself, who failed to rise to the occasion when it mattered most. The president has demystified himself.

CLICK HERE TO READ THE WHOLE ARTICLE

http://ugowrite.blogspot.com.ng/2016/07/buhari-president-frozen-in-time.html

----------------------------------- 

How Buhari Ruined Our Economy, Bankrupted 34 States Despite Fuel Price Hike

By Deji Adeyanju

In about one year of Muhammadu Buhari's misrule, Nigeriadropped from being the largest economy in Africa to who-knows-where, as well as the number one investment destination in Africato number 13. What a difference one year can make.

 

Inflation rate that was below 9% when former President Goodluck Jonathan handed over to General Buhari on May 29, 2015 is now at 15.6% under Buhari. In one year, Buhari has taken our inflation rate from single digit to double digits.

Our GDP growth rate was at 6.95% under Jonathan, now it is -0.36%, the worst in Nigeria's history. Officially, our GDP is in 'recession'. If this is not a sign that President Buhari has ruined the economy completely in just one year, what is?

 

In 2013/14, Nigeria was the 3rd fastest growing economy in the world, now we are 29th in the world. With the country's current negative GDP of -0.36, Nigeria is set to be kicked out of the top 50 economies of the world in no time.

It is important to note that there are only 4 countries with negative GDP growth in Africa in the last quarter and Nigeria is now one of them.

 

The notion that President Buhari met an empty treasury when he took over is false because President Jonathan handed over $30 billion in Foreign Reserves, $5 billion in accrued Liquefied Natural Gas dividends, $3 billion in the Excess Crude Account, and around $2.4 billion in the Sovereign Wealth Fund.

CLICK HERE TO READ THE WHOLE ARTICLE

http://ugowrite.blogspot.com.ng/2016/07/how-buhari-ruined-our-economy.html

 

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JOHN MUKUM MBAKU, ESQ.
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Graduate Certificate in Environmental and Natural Resources Law
Nonresident Senior Fellow, The Brookings Institution
Attorney & Counselor at Law (Licensed in Utah)
Brady Presidential Distinguished Professor of Economics &  John S. Hinckley Fellow
Department of Economics
Weber State University
1337 Edvalson Street, Dept. 3807
Ogden, UT 84408-3807, USA
(801) 626-7442 Phone
(801) 626-7423 Fax

Du 04 juillet 2016 au 27 août 2016

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