HomeOpinionBuhari’s Unsexy Task By...

Buhari’s Unsexy Task By Okey Ndibe

Nigerian presidents are notorious for self-aggrandizement.
Former President Olusegun Obasanjo termed himself of modern Nigeria. And yet he presided over one of the most imperial eras in his country’s history, making political art out of disdaining the judiciary and legislature, hounding the opposition, empowering anachronistic behavior by the likes of Lamidi Adedibu and Chris Uba, turning elections into “do-or-die” events, and—among other scandals—blowing at least $10 billion of Nigeria’s scarce resources on so-called electric power projects that occasioned little or no improvement. So much for being a modernizing influence, much less the founder of modern Nigeria!
His successor, Umaru Yar’Adua, styled himself a servant-leader. Yet, he insisted on keeping a mandate that he admitted was obtained in an election fraught with fraud; he would not tell Nigerians that he was gravely sick, much less agree to hand over power even as he spent months in foreign hospitals. He neither acted like a servant nor a leader.
The next in line, Goodluck Jonathan, seized the appealing title of transformational leader. As Nigerians are now realizing, he was something of an absentee leader (an oxymoron). At a time when Boko Haram insurgents were pounding the northeast of Nigeria and routing the Nigerian military, President Jonathan apparently acquiesced in the callous transformation of the defense budget into a windfall for his political cohorts.
President Muhammadu Buhari rode into office with Change as his virtual middle name. He’s supposed to be the president to change the political culture in Nigeria, to set his country on the path to greatness.
Let’s grant him his due. He is Nigeria’s first president since Shehu Shagari who has left no impression of setting the illicit accumulation of wealth as a top priority. When he warns his ministers and other lieutenants against fiddling with public funds, it is possible to take him at his word. After President Yar’Adua’s wife, Turai, and President Jonathan’s, Patience, left us two examples of execrable First Ladyship, Mr. Buhari’s wife, Aisha, has maintained a modest profile that is altogether welcome. We have not heard of Aisha Buhari ordering any governors about, or courting a courtier of politicians who would address her as “Mummy” or “Mother of the Nation.”
Yet, for all that, President Buhari has done nothing in eight months to inspire hope that he is Change. Is he capable of doing so? I hope so; but he hasn’t done it. Certainly, he has a unique opportunity to rise to the challenge.
Past Nigerian presidents could get away with acts of self-worship, instead of earning their accolade through sound statecraft. Mr. Buhari’s successors always had enough cushion of funds to squander and use in buying affection. They could always count on receiving hefty cheques from oil companies—enough cash, at least, to serve the grasping impulse of the politically elevated and their hirelings.
Mr. Buhari has assumed the Presidency at a time when the famed petrodollar is thin, and may soon dry up altogether. As I write, the price of crude oil per barrel continues to tumble, threatening to go under $30. The United States, once a major importer of Nigerian crude, has dramatically increased its domestic production. China has many attractive suppliers to choose from. We may be approaching a time when erstwhile big importers of Nigeria’s crude could say to us, drink the stuff if you wish! The dropping crude oil prices have already wreaked havoc on the revenue projections that informed Mr. Buhari’s first budget.
The implication is clear. Whilst President Buhari’s predecessors were able to pay lip service to the goal of diversifying Nigeria’s economy, he does not have that luxury. He cannot “oil” his way to funds to fuel Nigeria’s developmental projects. Nor would it be prudent to just turn to borrowing.
If the naira continues its steady slide against the dollar, the consequences are bound to be dire for Nigerians. As Nigerian firms budget ever more naira to purchase machinery and other goods from Europe, Asia and North America, many of them are likely to go under. In order to survive, others are likely to lay off hundreds of thousands of workers. Imagine the impact of this prospect in a country whose unemployment rates are already terribly high.
What time is it for President Buhari? It’s time for visionary and imaginative leadership. It requires hiring the best hands out there to help him think/lead Nigeria out of this perfect storm. Does he have what it takes? It remains to be seen.
Nigeria’s economic crisis is not coming; we are very much in the midst of it. It’s disturbing, then, that the president has not deemed it necessary to outline his plan to, A, ameliorate the situation, and, B, begin to set the economy on a different, post-oil course.
Nigeria’s economic crisis highlights the limitations of the current administration’s anti-corruption policy. There’s nothing new in Mr. Buhari’s war against corruption. He’s using the same tools as former Presidents Obasanjo, Yar’Adua and Jonathan. A lot of cases filed by the EFCC during Obasanjo’s administration are still in process, stalled in a judicial system that is programmed to shield privileged thieves. Already, the Supreme Court has put the case against Senate President Bukola Saraki in a state of abeyance. There’s no sign that the case against former National Security Adviser, Sambo Dasuki, will not drag on for years. One expects that the government will indict many more ex-officials. As I suggested last week, there won’t be enough investigators, prosecutors, and judges to handle the size of the potential new indictments.
Meanwhile, as the economy becomes more beleaguered, Nigerians are bound to lose interest in the soap opera of EFCC prosecutions.
Mr. Buhari’s challenge is to outline his policies for getting the economy out of its current (and bound to worsen) quagmire, fixing the broken educational system, establishing a semblance of a healthcare system, improving infrastructure, and reforming law enforcement, the judiciary and other institutions. It’s not a sexy task, and certainly won’t inspire the kind of frenzied applause that comes from arresting a Dasuki or two. But that’s the deeper challenge that would establish whether Mr. Buhari understands what it means to epitomize Change.

Please follow me on twitter @okeyndibe

 

___________________________________________________________________________________________
Disclaimer

It is the policy of NewsWireNGR not to endorse or oppose any opinion expressed by a User or Content provided by a User, Contributor, or other independent party. Opinion pieces and contributions are the opinions of the writers only and do not represent the opinions of NewsWireNGR.

- A word from our sponsors -

spot_img

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

Cheta Nwanze: Failed visa Marriages

by Cheta Nwanze The 1990 film Green Card told a relatively innocent...

Digital Marketing for Attorneys

In the competitive landscape of legal services, personal injury and medical...

- A word from our sponsors -

spot_img

Read Now

“No Victor, No Vanquished” — Angbazo calls for unity after Nasarawa ADC Governorship Primary win

LAFIA — Retired General Nuhu Angbazo has emerged victorious from the Africa Democratic Congress, ADC, governorship primaries in Nasarawa State, calling on all party faithful to sheathe their swords and rally behind a common vision for the state's development. In a press statement issued shortly after his victory...

Lazarus Angbazo: The Countries that will lead the AI Economy are being decided right Now — By Their PowerGrids

Nigeria has enough installed generation to power a mid-sized country. The grid delivers less than half of it. Around the world, the race to build AI-ready power infrastructure is already underway — and the decisions African governments and investors make in the next eighteen months will determine...

Cheta Nwanze: Failed visa Marriages

by Cheta Nwanze The 1990 film Green Card told a relatively innocent story: a French immigrant and an American woman enter a marriage of convenience so he can stay in the US. They barely know each other. They hope never to see each other again after the deal...

Digital Marketing for Attorneys

In the competitive landscape of legal services, personal injury and medical malpractice attorneys are finding themselves overshadowed by competitors who dominate online visibility. The root of this issue lies in the digital presence that many firms lack. While traditional word-of-mouth referrals still hold value, the digital age...

Lazarus Angbazo: The global power industry is leaving Africa behind

 Dr. Lazarus AngbazoThe nascent AI revolution is not just driving electricity consumption and massive demand for additional capacity—it is reshaping how power is built, maintained, and delivered. For Africa, the real risk is no longer just insufficient capacity—it is also losing control and ability to manage the capacity it...

Bunmi Onabanjo-Kuku: The first thing you feel when you land in Nigeria

By Bunmi Onabanjo-Kuku The first thing you feel when you land in a country is not its culture, not its cuisine, not its people. It is its airport. That threshold, the space between the jet bridge and the city beyond, tells you everything a nation believes about itself...

Dr. Lazarus Angbazo: Why a fractured world strengthens the case for African Infrastructure

How inflation, energy insecurity, power scarcity, and geopolitical fragmentation are reshaping the risk-return case for African infrastructure By Dr. Lazarus Angbazo At a recent global infrastructure summit, the prevailing mood among institutional investors was unmistakable. Faced with surging capital requirements for energy transition, grid expansion, and digital infrastructure in Europe and...

Aliko Dangote to launch what could become Africa’s largest initial public offering to raise $5 billion from investors

Nigeria’s biggest local investor, Aliko Dangote, is moving ahead with plans to launch what could become Africa’s largest initial public offering, as Dangote Petroleum Refinery & Petrochemicals prepares to raise up to $5 billion from investors. The share sale is expected to open as early as May, with...

Criminal networks have turned Nigeria’s telecom towers into open-air warehouses for theft, looting

Criminal networks have turned Nigeria’s telecom towers into open-air warehouses for theft, looting 656 critical power assets across 14 states in 2025 alone and keeping up the pace in early 2026. The Nigerian Communications Commission (NCC) data showed the haul included 152 generators and 504 batteries stolen from...

Paul Yirenkyi: A call for Caution Needed, President Tinubu and the INEC-ADC Crisis

I have seen enough cycles of tension and resolution to recognise when restraint must prevail over confrontation. The current standoff between the Independent National Electoral Commission (INEC) and the African Democratic Congress (ADC) is one such moment. In early April 2026, INEC withdrew recognition of the Senator...

Nigeria’s opposition landscape appears increasingly fractured, disorganised and strategically weakened

10 months until the 2027 general elections, Nigeria’s opposition landscape appears increasingly fractured, disorganised and strategically weakened. Although no fewer than 21 political parties have been registered by the Independent National Electoral Commission (INEC) to participate in the polls, developments within the parties, including internal crises, litigations and other destabilising factors, may...

Power shortages weaken Nigeria’s business activity 

Nigeria’s business environment continued to expand in March 2026 but slowed as rising input costs and power supply deficits weighed on performance, according to the latest Business Confidence Monitor (BCM) report by the Nigerian Economic Summit Group (NESG). The report indicates that the Current Business Performance Index declined...