A well-respected newspaper in the United Kingdom, Financial Times of London has accused President Muhammadu Buhari of running a government that lacks a clear direction in the last four years.
Financial Times in its editorial charged the President to see his re-election as an opportunity to do the right thing.
According to the media organisation, It said there was no clear economic policy like that of Rwanda and Ethiopia.
“With his renewed mandate, it is now Mr Buhari’s task to rebuild faith by running a dynamic and successful administration and by building the institutions that can lay firmer foundations than in his previous term.
“The omens from his first four years in office are not good. During that time, the former military leader ran a lacklustre administration with no obvious sense of direction. There was no coherent economic strategy of the sort being attempted by the likes of Ethiopia, Rwanda or west African neighbours Ghana and Senegal to produce the rapid growth needed to haul tens of millions of people out of poverty. It is an indictment of its leadership — both military and democratic — that the continent’s biggest oil producer should have more people living in absolute poverty than any other country in the world.”
FT advised the President to appoint more technocrats in his second term who can help turn things around.
The newspaper said the anti-corruption war must be more holistic and less selective.
FT added, “Mr Buhari’s priority this time must be to set out a coherent agenda, implemented by technocrats rather than ideologues, to turn things around. Nigeria desperately needs to create a level playing field for business in which access to foreign currency, permits, and other requirements is both predictable and rational.
“His much-vaunted crackdown on corruption must go beyond taking action against a few minor officials. Some big scalps would help. More important still is to implement systematic changes — whether by reforming institutions, using technology or by removing arbitrage opportunities — to create a more transparent environment. People should prosper in Nigeria based on what they know and how much value and employment they can create, not by their connections.”
Search The Poise
Promote Your Music
Recent Posts On The Poise
- OB70 Heads For A New Horizion as They Debut New Capsule
- Black Wall Street Begins Automatic Withdrawal Of Dividends Acquired Through Investment Points Gained From Regular Product Purchase On Redirect Mall.
- Nigerian music sensation “Danlil” releases his first NFT project
- New Video: Tiwa Savage – Somebody’s Son ft Brandy
- Soyinka, Other Scholars to Headline JP Clark’s First Memorial Literal Feast At UNILAG
- The new DC Superman comes out as bisexual
- #EndSARS: Lagos Police Warn Against Planned One-Year Anniversary Protest
- Bandits Beg For Food in Kaduna after Measures Drive them Hungry
- Muhammadu Buhari has provided a fresh impetus for the take-off of the community policing initiative in Nigeria.
- North Macedonia 0-4 Germany: Werner brace helps secure World Cup spot
Top Posts & Pages
Entertainment News4 years ago
Justin Bieber & Selena Gomez Have Started Hanging Out Again
News11 months ago
Buhari Reportedly plots retirement of southern Police AIG to clear paths for another IG from northern region
Articles4 years ago
Marcus Rashford’s Girlfriend Lucia Loi
Photos4 years ago
Leroy Sane’s Girlfriend Candice Brook
Celebrities3 years ago
David Beckham Allegedly Got His Daughter’s Teacher Pregnant
Entertainment News4 years ago
Top 10 Sexiest Young Female Celebrities in The World
Celebrities4 years ago
Jesse Lingard Breaks Up With Girlfriend Jena Frumes
Videos1 year ago
New Video: KingTurun – Jaiye