Opinion
Buhari’s Change And Economic Realities
In the next few months, precisely, May 29, 2017, the administration of President Muhammadu Buhari will step into its second half of the four-year tenure. Indeed, Nigerians’ experience since the inception of the administration is better imagined than described following the foreign exchange crisis occasioned by unprecedented global crash in prices of crude oil.
To a few that superficially voted for All Progressives Congress (APC), it was a drift, hence their gradual withdrawal of allegiances. Incidentally, the deed is already done. Beyond doubt, it was tough, rough and hard-hitting.
To others, particularly matured minds, it is a worthy sacrifice, akin to the Biblical Moses and his journey to the promised land; a land flowing with milk and honey. On the way, it became sturdy that some couldn’t sustain it and lost confidence in Moses and his change mantra, and requested for reinstatement to former positions.
However, those that conscientiously persisted met overwhelming expectations. In other words, monumental support to Federal Government at this critical period is vital vis-à-vis its rigorous efforts towards restructuring the economy.
Reports across most states unveiling various blueprints towards becoming self-reliant on the same commodities that were hitherto imported, deserves acclamation. Abia State Governor, Okezie Ikpeazu, recently affirmed that Aba traders presently export N1bn worth of quality leather-shoes to overseas weekly. Out of curiosity, I discovered that made-in-Nigeria shoes have indeed moved to the next level; on designs, quality and convenience comparable to foreign shoes.
By implication, the ban placed on some imported goods by the Federal Government, though negatively affected importers, is positively resuscitating our local industries thereby improving the economy in terms of job creation. With the new mindset on improving our products, if adequate financial facilities can be made available to genuine indigenous manufacturers towards boosting large scale production, there will be an improvement in the economy and standard of living.
Already, Lagos, Ebonyi, Enugu and a host of other states, for instance, are waxing very strong in rice production. If the tempo is progressively sustained, the prices of rice may crash soon.
In Anambra State, Governor Willie Obiano unequivocally announced the state’s plan to export one million tubers of yam and other vegetables. Also recently, Governor Nyesom Wike of Rivers State presented to the Acting President, as Vice President Yemi Osinbajo then was, his action plan towards boosting agriculture in the State and reiterated his willingness to collaborate with the Federal Government. Suffice it to say that successful diversification to agriculture may soon be a done deal in Buhari’s change mantra.
Incontrovertibly, the vacation embarked upon by President Buhari in the United Kingdom which paved way for Osinbajo to take charge on acting capacity proved one or two remarkable points to the country. First, Professor Osinbajo operated and associated freely with the states, people and localities that were hitherto no-go areas for President Buhari. By implications, the economy could blossom if Nigerians see each other as stakeholders in the Nigerian project.
The second point to decipher is that the adoption of Professor Osinbajo as the running mate to Buhari as well as his engagement to head Buhari’s economic team is now evidently profound and philosophical. It clearly shows that with the Buhari’s political will and Osinbajo’s wealth of knowledge and subtlety, the country is settled for inevitable transformation. Those that hitherto regarded Osinbajo’s office as redundant are now pouring encomiums on his performance, for doing same things the government would have still done but with resistance if Buhari never travelled. The stratagem or rather diplomacy applied by the government deserves commendation.
Meanwhile, as the Federal Government works tirelessly towards fixing the country, some more radical actions are still needed especially in the area of deploying more competent hands in some of the key sectors. This should, however, extend to other arms of government; judiciary and legislature.
The continued frivolous allowances earned by the Nigerian lawmakers amidst economic recession outside salaries in a country where many families cry for survival is abysmally the height of wickedness and insensitivity. If one may ask, what is the justification for paying such allowances to senators and members of the House of Representatives who are engaged on full time vocation until the expiry of tenure?
However, as the second half of the administration commences shortly, President Buhari should try as much as possible to do appraisal of his cabinet and reshuffle where necessary. Those that made the cabinet list on partisan lines should be swapped with more competent hands.
In all games, particularly politics, second half is always a decisive moment and no leader takes it for granted. In the next two years, dividends of democracy ought to be obvious in the lives of the citizenry. Without doubt, as 2019 draws nearer, elections will preoccupy the minds, but our leaders should know that there is no better way to strategize for victory than satisfactorily meeting the targets of the electorate.
Umegboro, public affairs analyst, lives in Abuja.
Carl Umegboro
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Empowering Youth Through Agriculture
Quote:”While job seeking youths should continuously acquire skills and explore opportunities within their immediate environment as well as in the global space through the use of digital platforms, government, corporate/ multinational organizations or the organised private sector should generate skills and provide the enabling environment for skills acquisition, through adequate funding and resettlement packages that will provide sustainable economic life for beneficiaries”.
The Governor of Rivers State, Sir Siminalayi Fubara, recently urged youths in the Rivers State to take advantage of the vast opportunities available to become employers of labour and contribute meaningfully to the growth and development of the State. Governor Fubara noted that global trends increasingly favour entrepreneurship and innovation, and said that youths in Rivers State must not be left behind in harnessing these opportunities. The Governor, represented by the Secretary to the State Government, Dr Benibo Anabraba, made this known while declaring open the 2026 Job Fair organised by the Rivers State Government in partnership with the Nigeria Employers’ Consultative Association (NECA) in Port Harcourt. The Governor acknowledged the responsibility of government to create jobs for its teeming youth population but noted that it is unrealistic to absorb all job seekers into the civil service.
“As a government, we recognise our duty to provide employment opportunities for our teeming youths. However, we also understand that not all youths can be accommodated within the civil service. This underscores the need to encourage entrepreneurship across diverse sectors and to partner with other stakeholders, including the youths themselves, so they can transition from being job seekers to employers of labour,” he said. It is necessary to State that Governor Fubara has not only stated the obvious but was committed to drive youth entrepreneurship towards their self-reliance and the economic development of the State It is not news that developed economies of the world are skilled driven economies. The private sector also remains the highest employer of labour in private sector driven or capitalist economy though it is also the responsibility of government to create job opportunities for the teeming unemployed youth population in Nigeria which has the highest youth unemployed population in the subSahara Africa.
The lack of job opportunities, caused partly by the Federal Government’s apathy to job creation, the lack of adequate supervision of job opportunities economic programmes, lack of employable skills by many youths in the country have conspired to heighten the attendant challenges of unemployment. The challenges which include, “Japa” syndrome (travelling abroad for greener pastures), that characterises the labour market and poses threat to the nation’s critical sector, especially the health and medical sector; astronomical increase in the crime rate and a loss of interest in education. While job seeking youths should continuously acquire skills and explore opportunities within their immediate environment as well as in the global space through the use of digital platforms, government, corporate/ multinational organizations or the organised private sector should generate skills and provide the enabling environment for skills acquisition, through adequate funding and resettlement packages that will provide sustainable economic life for beneficiaries.
While commending the Rivers State Government led by the People First Governor, Sir Siminilayi Fubara for initiating “various training and capacity-building programmes in areas such as ICT and artificial intelligence, oil and gas, maritime, and the blue economy, among others”, it is note-worthy that the labour market is dynamic and shaped by industry-specific demands, technological advancements, management practices and other emerging factors. So another sector the Federal, State and Local Governments should encourage youths to explore and harness the abounding potentials, in my considered view, is Agriculture. Agriculture remains a veritable solution to hunger, inflation, and food Insecurity that ravages the country. No doubt, the Nigeria’s arable landmass is grossly under-utilised and under-exploited.
In recent times, Nigerians have voiced their concerns about the persistent challenges of hunger, inflation, and the general increase in prices of goods and commodities. These issues not only affect the livelihoods of individuals and families but also pose significant threats to food security and economic stability in the country. The United Nations estimated that more than 25 million people in Nigeria could face food insecurity this year—a 47% increase from the 17 million people already at risk of going hungry, mainly due to ongoing insecurity, protracted conflicts, and rising food prices. An estimated two million children under five are likely to be pushed into acute malnutrition. (Reliefweb ,2023). In response, Nigeria declared a state of emergency on food insecurity, recognizing the urgent need to tackle food shortages, stabilize rising prices, and protect farmers facing violence from armed groups. However, without addressing the insecurity challenges, farmers will continue to struggle to feed their families and boost food production.
In addition, parts of northwest and northeast Nigeria have experienced changes in rainfall patterns making less water available for crop production. These climate change events have resulted in droughts and land degradations; presenting challenges for local communities and leading to significant impact on food security. In light of these daunting challenges, it is imperative to address the intricate interplay between insecurity and agricultural productivity. Nigeria can work toward ensuring food security, reducing poverty, and fostering sustainable economic growth in its vital agricultural sector. In this article, I suggest solutions that could enhance agricultural production and ensure that every state scales its agricultural production to a level where it can cater to 60% of the population.
This is feasible and achievable if government at all levels are intentional driving the development of the agricultural sector which was the major economic mainstay of the Country before the crude oil was struck in commercial quantity and consequently became the nation’s monolithic revenue source. Government should revive the moribund Graduate Farmers Scheme and the Rivers State School-to-Land agricultural programmes to operate concurrently with other skills acquisition and development programmes. There should be a consideration for investment in mechanized farming and arable land allocation. State and local governments should play a pivotal role in promoting mechanized farming and providing arable land for farming in communities. Additionally, allocating arable land enables small holder farmers to expand their operations and contribute to food security at the grassroots level.
Nigeria can unlock the potential of its agricultural sector to address the pressing needs of its population and achieve sustainable development. Policymakers and stakeholders must heed Akande’s recommendations and take decisive action to ensure a food-secure future for all Nigerians.
By: Igbiki Benibo
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