Insecurity and bad economy in Nigeria have reached alarming proportions rearing their ugly heads in various facets of our national life. Lives are lost on daily basis, population depleted, businesses in comatose, investment are nose-diving, multinationals closing shop and vacating the country, unemployment soaring and the populace in fear.
On May 29, 2015, General Muhammadu Buhari (rtd) was sworn in as President of Nigeria. The administration promised to urgently tackle several challenges that have hindered economic prosperity, sustainable security and overall national development in Nigeria. In terms of human resources, Nigeria is among the first 20 developed countries of the world. It is Africa’s largest oil-producing country. With a population of over 200 million, it is, no doubt, the largest market in Africa.
But the security and economic fortunes have been dwindling due to vagaries in the global price of crude oil. The country has been caught in-between affluence and affliction. Nigeria’s political leadership is a major factor why she has been reduced to a giant with clay feet. Buhari came to national limelight in 1983 when he became military Head of State after a successful coup d’état that overthrew civilian President Shehu Shagari on December 31, 1983. He ruled Nigeria from January 1984 until August 1985, before his regime was also toppled by another coup. His reign is ever remembered for a vigorous anti-corruption war, but tainted by human rights abuses.
Buhari contested in the presidential elections of 2003, 2007 and 2011, but lost to the Peoples Democratic Party (PDP) candidates. In the 2003, he was the presidential candidate of the All Nigeria Peoples Party (ANPP) and lost to incumbent President Olusegun Obasanjo. In 2007, he contested again on the ticket of the same party, but was beaten by PDP’s Umaru Yar’Adua who scored 26,638,063 against Buhari’s 6,605,299. In March 2010, the retired General left ANPP and formed the Congress for Progressive Change (CPC) contesting as its presidential candidate during the 2011 presidential poll, which he lost to President Goodluck Jonathan of PDP.
In that election, Buhari secured 12,214,853 votes against the President Goodluck Jonathan’s who secured 22,495,187. In 2014, the All Progressives Congress (APC) nominated Buhari to stand as its presidential candidate in the 2015 presidential election. The APC was merger of the All Progressives Grand Alliance (APGA), Action Congress of Nigeria (ACN), ANPP and CPC.
Buhari subsequently emerged victorious in the March 28, 2015 poll, defeating incumbent President Jonathan of PDP. He polled 15,416,221 votes against Jonathan’s 12,853,162 votes in an election that was keenly contested. On May 29, 2015, General Muhammadu Buhari was sworn in as president. Having ascended to the office he once occupied as a military officer, his administration was expected to urgently tackle several challenges that have bedeviled Nigeria over the last three decades. Insecurity, bad economy and corruption were the greatest challenges facing the new administrations since the return to democracy in 1999.
Traditional security threats such as violent conflicts, militancy, armed robbery and kidnapping have assumed worrisome dimensions in Nigeria. Evolving threats such as insurgency and terrorism have further complicated the situation. Outbreak of violent conflicts has become a major characteristic of insecurity in Nigeria. It is estimated that Nigeria has witnessed over 3,000 violent ethno-religious, communal and political conflicts of varying intensity and magnitude. Clashes between farmers and pastoralists have resulted in the death of about 4,732 persons between 1998 and 2014. The spate of violent crimes has become alarming.
In all of this the Presidency appears not to be doing enough, raising suspicions that Buhari is reluctant to take action since the herdsmen are mainly of his Fulani tribe. Even the swiftness with which Aso Rock Villa reacts to any condemnation of destructions caused by herders in the Middle Belt and southern parts of the country helps to fuel this suspicion.
Of course, the President’s insistence to recover gazetted grazing routes in the country lends further credence to the arguments of those who have maintained that he is deliberately keeping quiet and allowing his herder kinsmen to ride roughshod over every other section of the country. At best, all Buhari had ever ventured was that those who had complained about the destructions caused by open grazing should learn to tolerate the migrant herders and their cattle.
And on the economic front, the Buhari administration has a myriad of challenges to tackle which include but not limited to pervasive poverty, rising unemployment, epileptic power supply, fuel crisis and declining economy. Pervasive poverty and massive unemployment are serious economic challenges facing Nigeria. Both have maintained a rising trend over the years. Poverty rates remain high in Nigeria, particularly in rural areas. It is estimated that 101million out of Nigeria’s population of about 200 million live in extreme poverty.
And of the 99 million Nigerians suffering from extreme poverty, most are young people denied employment opportunities. However, as of 2015, the unemployment rate in Nigeria reached an all-time high of 20 percent with a youth unemployment rate as high as 50 per cent. These young Nigerians fell prey to recruitment by such groups as Boko Haram.
The problem of poverty and unemployment in Nigeria results from inconsistent policies, misappropriation of funds meant for empowerment schemes and increasing de-industrialisation and collapse of small businesses due to lack of venture capital and poor power supply.
Foreign industrial firms that once operated in this country have since relocated to other African countries like Ghana and South Africa which can boast of better operating environments. The oil multinationals that not only employed Nigerians and paid them very well have also relocated their key operations to offshore platforms in order to escape the increasingly restive Nigerian youth. This has led to staff downsizing across companies.
Achugo wrote from Eastern Polytechnic, Port Harcourt.

By: Godstime Achugo