Opinion
Tinubu’s Ministers: Nigeria’s Messiah?
It is over one month since the swearing-in of the new members of President Bola Tinubu’s cabinet, precisely on August 21, 2023, sequel to their nomination and confirmation by the Senate. It can be said that competence appears to be the dominant consideration in the mind of President Tinubu in constituting his cabinet as many of the ministers have intimidating academic and professional records that qualify them for high and demanding public offices. Asides their academic prowess, Tinubu tends to have considered impact and valuable contributions as well as their wealth of experience in both private and public sectors towards nation building. The likes of Dr Bosun Tijani, who is the current Minister of Communication, Innovation and Digital Economy, prior to his appointment was the CEO of CcHUB, a technology innovation Centre which had led a number of social technology projects including Lagos Innovation Hotspots and the i-HQ concept. The ministry under his watch, no doubt is expected to create and formulate policies that will propel the Nigerian economy to a digitised economy. Same with Wale Edun, the Minister of Finance and Coordinating minister of the Economy. He is an economist, investment banker and a former commissioner for finance in Lagos state. The roll call of his cabinet members with such sterling credentials goes on and on. And let us not forget the former state governors in the cabinet who were carefully co-opted not just on the basis of party affiliation, but on competence and performance.
Now, the dice is cast! The stage is set! The ball in their court! 46 days have passed and the time keeps counting by every tick of the clock. The hopes of Nigerians for a transformed, innovative and sustainable development are hanging on President Tinubu and his cabinet. Admittedly, the performance of any government is directly proportional to the quality of its elected or appointed officials. That is why presidents, and governors in any given government often recruit the right people to oversee the various sectors of the economy as ministers or commissioners, knowing that sectoral excellence positively affects the overall deliverables of government. Hence, Tinubu’s ministers will have a lot in their hands as they have officially kick-started their ministry’s assignment against the backdrop of economic hardship occasioned by fuel subsidy removal and continued devaluation of naira which has degenerated into high rate of inflation.
As it stands, Nigeria is obviously going through difficult times – broke- and in serious need of resources to revamp the ailing economy and invest in human capital and infrastructure; cognisance of the facts that the past administration plunged the country into a debt abyss. Nigeria’s total debt stock stood at N46 trillion as at March 2023, according to data by the Debt Management Office (DMO). President Tinubu recently said that servicing Nigeria’s external debt with 90 percent of the country’s revenue was not sustainable. This came after KPMG, on the 19th May, 2023 projected that Nigeria’s debt service-to-revenue ratio may exceed 100 percent this year. A figure which was later pegged at 73.5 per cent by DMO, saying it was unsustainable.
According to reports, prior to the aforementioned projections, Nigeria had spent 80.6 per cent of its revenue on debt servicing with the hope that it would drop steeply to 60 per cent before the end of the year. With this and many other challenges facing Nigeria as a nation, much is expected of the newly sworn-in ministers. Nigerians anxiously want to see changes in their lives. Just a few days ago, a Nigerian woman said nothing meaningful had been seen from the ministers since assumption of office. “I was expecting everything to be settling down, now that the newly appointed ministers had been sworn-in”, a middle-aged woman who simply identified herself as Sister Kate decried. Asked why Kate said, “We are believing that the ministers will turn things around and deliver the Renewed Hope Agenda of Mr. President to us. “ Whether coming too early or not, her belief is a pointer that Nigerians are eagerly waiting for a change – the reality of the Renewed Hope Agenda.
To accentuate the above, President Tinubu, during the Ministers’ inauguration tasked his cabinet members to meet the expectations of Nigerians for a renewed socio-economic development. “Your assignment begins immediately, and you must work to make yourself worthy of God and the people to make Nigerians believe that the right hands are chosen.”I believe in you and hope the government will be a progressive way to gain public confidence and trust. “Nigerians expect you to hit the ground running just as we had promised them during our campaigns. With your inauguration today, you have become ministers of the Federal Republic, not ministers of a particular state or region.” the president said.” That is the simple truth. The entire Nigerian populace is counting on Tinubu and members of his cabinet to redeem our ailing economy before it becomes unredeemable”, Mr. Kelvin Emeka, an economist said. Emeka noted that the first task of Tinubu’s cabinet is to re-awaken the economy and address the prevalent increase in prices of commodities so as to nip hunger in the bud.
In a chat with Alhaji Ibrahim Usman, an Abuja-based political analyst, he said the newly sworn-in ministers are the force that will drive Tinubu-led administration into fulfilling his electioneering promises. According to him, the ministers must give prior attention to policies and projects that are geared towards addressing the hardship currently in the country. “I can tell you; we are just looking up to the ministers; to face the reality in the country now. “I think it will be good if the newly sworn-in ministers will make it a point of duty to implement policies and projects that will alleviate the sufferings of Nigerians”, he said. The future that Nigerians hoped for, voted for and eagerly await is not unattainable. Though the deplorable systems, endemic poverty, bad governance, and dire situations may appear to dash the hope of a better Nigeria, but the onus to rescue the situation and bring back hope to Nigerians, lies in the hands of Tinubu’s ministers. This is the burden every minister must bear in the course of managing his/her ministry. The hopes of Nigerians lie in your hand.
By; Calista Ezeaku
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