After over seventy-six days in office, what are Nigerians getting and how are they faring: unplanned and ill-thought removal of fuel subsidy and unification of exchange rates; uncoordinated and confusing policy announcements; exponential increase in the prices of all goods and services especially food and other basic consumables; decline in National Savings Rate and erosion of disposable incomes of Nigerians, increasing poverty and insecurity, unimaginable extravagance and exponential increase in the cost and waste of governance exemplified with interminable appointments of litany of ministers and aides, and then a most unexamined desire to go to a clearly avoidable war with our very close neighbor and brother, Republic of Niger.
The list is unending, confusing, most unfortunate, and lamentable! There is a clear lack of grasp of the undergirding ethos of good governance predicated on short, medium, and long-term stimulus strategies and policies. Nigeria can ill afford this experimental leadership approach and foray into governance by stealth with no imagination, deep thinking, substance, and concrete ameliorative policies.
