Buhari’s govt incompetent, failed to curb corruption —The Economist
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London-based news magazine, The Economist, has described the government of the President, Muhammadu Buhari as inept and high-handed, adding that he had also failed to tackle corruption.
The 178-year-old magazine said this in an editorial titled, ‘The Crime Scene at the Heart of Africa,’ which was published in its October 23, 2021, issue.
It said due to Buhari’s mismanagement of the economy, food prices had soared while life had become more difficult for Nigerians.
The editorial read in part, “Economic troubles are compounded by a government that is inept and heavy-handed. Mr Buhari, who was elected in 2015, turned an oil shock into a recession by propping up the naira and barring many imports in the hope this would spur domestic production.
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“Instead he sent annual food inflation soaring above 20 per cent. He has failed to curb corruption, which breeds resentment. Many Nigerians are furious that they see so little benefit from the country’s billions of petrodollars, much of which their rulers have squandered or stolen.”
The Economist stated that even before COVID-19 last year, Nigeria was already witnessing unprecedented poverty.
