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50 Days in Office: Tinubu’s Questionable Start Worsens as He Runs the Country Without Key Economic Players

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50 Days – Tinubu’s initial 50 days as President have been marred by a series of decisions and indecisions that have had far-reaching consequences for Nigeria. From economic woes to security challenges, his lack of key ministerial appointments and mismanagement of critical sectors, the nation has experienced a period of suffering and hardship. In this detailed assessment, we will examine each aspect of Tinubu’s presidency and its impact on the country.

Economic Mismanagement: One of the first major decisions Tinubu made was the abrupt removal of fuel subsidies upon being sworn in, leading to a panic-induced fuel scarcity in just 50 days in office. Petrol marketers and retailers took advantage of the situation, hoarding petrol and selling it at exorbitant rates, causing the price per liter to skyrocket from 188 Naira to as high as 520 Naira. More recently, the price reached a staggering 620 Naira per liter. This move caused immense hardship for citizens and heightened inflationary pressures on the already struggling economy.

Furthermore, the absence of a Finance Minister has had severe consequences. Fiscal policies remain unclear, leading to a lack of direction in mobilizing domestic and external financial resources for national development. Inflation rates have soared, and goods and services have become unaffordable for many Nigerians. Foreign direct investment has declined significantly, and the budget deficit has risen dramatically. Public debt has surged, with total public debt now reaching around N77 trillion, a tenfold increase from a decade ago. The Central Bank’s undisciplined lending to the government has contributed to high inflation rates, reaching 22.41 percent as of the latest available data.

Declining Oil Production: Nigeria’s oil production has witnessed a worrying decline during Tinubu’s first 50 days. The absence of a Minister of Petroleum or Energy has hampered efforts to address the issue effectively. Crude oil theft along pipeline routes has been a major problem, leading to Nigeria’s inability to meet its oil production quota as set by the Organisation of Petroleum Exporting Countries (OPEC).

Angola has taken over as the highest oil producer in Africa, despite Nigeria holding the largest crude oil reserve on the continent (37.046 billion barrels). This decline in production has negatively affected the nation’s revenue and overall economic outlook.

Missing Key Ministerial Appointments: Tinubu’s failure to appoint essential ministers has created a governance void and a lack of coherent policies. The absence of a Finance Minister despite Tinubu being sworn since 50 days now, has led to policy uncertainties, making it challenging to formulate and implement strategic economic plans. The country also lacks a Minister of Budget, Planning, and Economic Policy, resulting in haphazard policy announcements and reversals, causing confusion among citizens and investors.

Security Challenges: Under Tinubu’s leadership, Nigeria continues to grapple with serious security challenges. Banditry, killings, and kidnappings remain prevalent, and the government’s response has been inadequate. The absence of a comprehensive security strategy and failure to take decisive action has left citizens feeling unsafe and vulnerable.

Lack of Acceptance: Tinubu’s legitimacy as the elected President remains a contentious issue. A significant portion of the population disputes his victory in the last presidential election, leading to a lack of widespread acceptance. This lack of acceptance has hindered his ability to gain the trust and cooperation of various factions within the country, making it challenging to foster national unity and achieve meaningful progress.

Tinubu’s early days as President have been marked by a series of missteps and indecisions that have exacerbated Nigeria’s existing challenges. Economic mismanagement, declining oil production, missing key ministerial appointments, security challenges, and a lack of acceptance have collectively contributed to a turbulent start to his presidency. To chart a path towards a more stable and prosperous Nigeria, Tinubu must urgently address these issues, surround himself with a competent team, and formulate well-thought-out policies. Only through decisive and thoughtful action can he hope to improve his scorecard and leave a positive legacy as President.

In summary, here is Tinubu’s scorecard in his first 50 days in office:

  1. Economic reforms: 0%
  2. Social reforms: 5%
  3. Security: 2%
  4. Foreign Affairs & International Appeal: 7%
  5. Acceptance: 3%

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Christian Maximilian, a Software Engineer with an unwavering love for writing, has transformed his passion into a full-time profession as a Political Analyst. Combining technical expertise with creative flair, he crafts compelling stories that bridge the worlds of politics and literature.

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African Union Takes Action: Republic of Niger Suspended Amidst Political Unrest

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In a decisive move that reverberated across the continent, the African Union (AU) announced the suspension of the Republic of Niger from its membership ranks.

This momentous decision was unveiled during the African Union’s Peace and Security Council meeting held in Addis Ababa, Ethiopia on Tuesday, August 22.

African Union:Picture Source- Pinterest

The suspension stems from the recent political turmoil that engulfed the nation, with the African Union pointing to the coup orchestrated by Gen Abdourahamane Tchiani on Wednesday, July 26. As part of a series of sanctions imposed on the francophone West African country, the Republic of Niger faced the repercussions of its internal upheaval.

The African Union’s stance was uncompromising, as it made it clear that Western nations seeking to meddle in African affairs should refrain from interfering. This firm message was directed from the heart of Addis Ababa, Ethiopia, where the AU’s call for autonomy echoed loudly.

The events leading up to Niger’s suspension unfolded against a backdrop of political uncertainty and unrest. The coup in Niger, orchestrated by Gen Abdourahamane Tchiani, prompted the Afican Union to take action. Their decision to suspend Niger was not taken lightly and was ratified during the Peace and Security Council meeting in Addis Ababa, Ethiopia on August 22.

The aftermath of the military takeover in left President Mohamed Bazoum in captivity, held under the close watch of the juntas in Niger. Despite international pressure, the release of the president and his family remains elusive. This tense situation compelled the Economic Community of West African States (ECOWAS) to intervene, imposing sanctions on Niger and establishing a deadline for the initiation of military intervention by the sub-regional body’s standby forces.

The suspension of the Republic of Niger from the African Union serves as a stark reminder of the continent’s commitment to upholding stability and safeguarding democratic governance. The swift response underscores the African Union’s dedication to maintaining order and security within its member states, sending a resounding message to the global community about the importance of respecting Africa’s sovereignty.

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Peter Obi: “I Campaigned For Presidency Because I Can Say It Any Day, I Will Solve The Problem Of Nigeria”

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In a recent tweet that has caught the attention of many, @MissPearls shares an inspiring declaration made by former Anambra state governor and Labour Party presidential candidate, Peter Obi. According to @MissPearls, Peter Obi proclaimed, “I campaigned for Presidency because I can say it any day, I Will SOLVE THE PROBLEM OF NIGERIA. All these confusion everywhere can BE SOLVED, and I am PREPARED for it”

Peter Obi: I Campaigned For Presidency Because I Can Say It Any Day, I Will Solve The Problem Of Nigeria.

Peter Obi’s bid for the presidency in the recent elections stirred considerable excitement and garnered support from diverse quarters, particularly the youth demographic. The former governor is known for his progressive ideas and pragmatic approach to governance, which resonated with many Nigerians who sought change and effective solutions to the country’s myriad challenges.

Despite his extensive support and well-articulated vision, Peter Obi’s presidential ambitions faced formidable opponents in the election. The Independent National Electoral Commission (INEC) released results that placed him behind the All Progressives Congress (APC) candidate, Bola Ahmed Tinubu, who emerged as the winner, and Atiku Abubakar of the Peoples Democratic Party (PDP), who came second. However, these results were met with skepticism due to apparent electoral irregularities that marred the integrity of the process.

In response to the controversial election outcome, both Peter Obi and Atiku Abubakar filed legal challenges against the INEC’s declaration. This move underscores their commitment to upholding the democratic process and ensuring that the voice of the electorate is accurately reflected. As the election Tribunal Judges prepare to deliver their verdict, Nigeria watches with bated breath, eager to witness justice being served.

Meanwhile, the administration of Mr. Bola Ahmed Tinubu has taken significant policy actions since assuming office. The removal of fuel subsidies and the decision to float the Naira have triggered mixed reactions across the nation. While these measures may be intended to foster economic stability and growth, the immediate consequences have been felt by everyday Nigerians. The cost of living has surged, and the socio-economic effects on the rich and the poor have become more pronounced.

As the Nigerian population navigates these shifts, the aftermath of the election and the ensuing governance strategies offer a critical juncture for evaluating the nation’s trajectory. The voices of discontent, expressed by citizens facing the brunt of these policies, highlight the necessity for leaders to prioritize the well-being of the populace while pursuing economic advancements. It is essential for the government to strike a balance between fiscal prudence and safeguarding the interests of the vulnerable segments of society.

The policy changes implemented by Bola Tinubu have shed light on the delicate balance between progress and the welfare of the people. As the nation waits for the tribunal’s judgment and the dust settles on the recent election, Nigeria stands at a crossroads, with the potential to reshape its future trajectory and address the systemic challenges that have held it back for far too long.

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Youths in Kano Defy Police Ban to Protest Alleged Tribunal Bribery

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Hundreds of determined youths in Kano took to the streets, defying a police ban, to protest what they perceive as attempts to manipulate the state election petition tribunal. This incident unfolded against the backdrop of a ban on protests by the Commissioner of Police, Usuani Gumel, following revelations of alleged plots to obstruct justice through financial inducement in legal proceedings.

Youths in kano

The rally, which unfolded outside the state government house, saw impassioned youths brandishing placards with messages that underscored their commitment to justice and the integrity of the electoral process. Their actions were sparked by concerns over an alleged plan to bribe the state election petition tribunal, casting a shadow over the fairness of the process.

The ban on protests was issued in response to recent revelations made by Justice Flora Azinge, who unveiled purported schemes by lawyers to disrupt the course of justice through financial incentives. The Commissioner of Police cited “confirmatory intelligence products” as the basis for this decision, leaving a contentious atmosphere surrounding the freedom of assembly and the right to peaceful protest.

This ban, however, failed to deter the resolute youths who carried a variety of placards conveying their strong stance against corruption, manipulation, and injustice. The slogans they chanted resonated with their determination to safeguard the sanctity of the electoral process and uphold transparency in governance.

Among the messages displayed, one placard caught the eye with its direct callout: “Gandollar, stop spoiling the name of Tinubu.” This highlights the allegation that financial impropriety is tainting the reputation of key political figures.

In a video circulated online, the enthusiastic protesters chanted slogans that echoed their deep-seated concerns. Chants of “No to corruption,” “No to injustice,” and “No to manipulation” reverberated through the crowd, embodying the youth’s unwavering commitment to fair and accountable governance.

Addressing the gathering, Governor Abba Kabir Yusuf praised the peaceful conduct of the protesters and assured them that their concerns would be relayed to President Bola Tinubu. This gesture recognizes the role of the youth in shaping political discourse and underscores the importance of their voices in the pursuit of a just society.

In conclusion, the youths in Kano have seized the moment to voice their concerns and demands for an unbiased electoral process. Their defiance of the police ban serves as a reminder that public sentiment cannot be easily suppressed. As this incident unfolds, it raises important questions about the delicate balance between freedom of assembly, legitimate protest, and maintaining public order. It also underscores the critical role of the youth in shaping the political landscape and demanding accountability from their leaders.

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