Economic recession: Emefiele is not our problem(2) ~ Vanguard

THE professor was urged to drop the electronic device so that the process would be manipulated without success. Our vaults were emptied to buy votes but those sent kept the money in their underground wells.

Nigerians were used as collateral for more loans that were shared amongst them.

A blue-blooded retired army officer was given our national ATM card. It has no withdrawal limit. Election came. Behold, the man lost.

He hurriedly accepted defeat without consulting ‘Madam’, his domestic boss and aides. The maritime thugs felt their end was near without their kinsman calling the shots. The looting gang became afraid of the new czar in town.

Thinking he would change the nation’s currency the way he did in 1984, they began to stack their coveted loot in foreign currency. The banks were not safe especially with the BVN introduced not quite long.

Instead of forming his government few weeks after assumption of office, he concentrated on compiling the list of treasury looters.

He hardly speak and when he does, Nigerians were called rogues. Investors became tired of waiting for economic programme of the man. They chose to wire their investment elsewhere.

Oil price continues to slide while the creek guys began to detonate mines destroying oil facilities which their brother paid them billions of dollars to protect. Negotiating with the vandals was perceived as a sign of weakness for a retired soldier.

He threatened to slaughter them until he realised that his armoury was empty. Workers were left without salaries. He reached out to CBN to bail out state governments. The recipients instead used the money to buy electoral judgements.

Workers remain unpaid. Importation of rice was banned yet the shops are ladened with smuggled expensive cereals. No fertilisers, no grants to farmers but we expect bumper yields. Mothers begin to exchange kids for stapples. Pot of soups became insurable.

At onset, the ruling party was overwhelmed, failing to provide leadership in the national assembly. The deputy senior prefect became sidelined by the monitor in Kaduna. The risk-takers in the 2015 election were shoved aside. Internal squabbles became rampant.

They noticed that power was evaporating fast just as trust. Someone remembers one ‘Comrade’ as the new face of the ruling party.

The governorship election must be won. It was postponed and later won by those who spent more. How can there be any tangible economic growth under these scenario? Mr. Godwin Emefiele, the CBN Governor is not our problem; he is one of the solutions to our current economic woes. He was outstanding as the CEO of Zenith International Bank. President Buhari must learn to work with Nigerians with trust as he is not the only one that is patriotic. He must put his religious beliefs aside and accept the fact that Nigerians are unhappy with him.

There are people he MUST reach out to in order to genuinely kick-start a recovery process. At times, solutions are found outside of the box. President Buhari is winning the war on corruption but he is failing the war in his bedroom.

His pretty wife chose London to lampoon him of not being a good listener and sad that he jettisoned the criminals whose ladder he used to ascend the position he failed to reach in previous attempts. To lead Nigeria is a great burden especially by an aged man who dissipated his youthful energy in the battlefield. He needs to concentrate on governance while political leadership is ceded to others.

He must listen to the Ibos while genuine agitation of the Niger Delta must have a platform. Any attempt to use the Yorubas as disposable allies in the interest of the North does him no good. It is unfortunate that the nation’s wealth is in the hands of a few.

These men should be courted rather than hounded. We need their investments here as further capital flight initiated by Nigerians will be the last straw to nail confidence of foreign investors. President Buhari needs to rejig his cabinet.

There are very many in his cabinet and aides who have the burden of political correctness. They are hugely encumbered and it is my desire they are shipped elsewhere. We are lucky to have a conservative chief banker in these difficult times. We are aware of what the man with the turban did.

Mr. Williams Eghebi, wrote from nwaagbor@yahoo.co.uk

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