The current Nigerian situation is like a plane that has a leakage in the fuel tank while it’s in the air heading to its destination.
If this plane is managed, it can get to a Fuel station in another country where it can refuel and move on.
Bringing in a new government is like bringing in an inexperienced pilot who will turn off the engine of the plane in the air, hoping to save fuel while the plane floats to its destination.
We can all predict what will happen. The plane will simply crash and all the passengers might die.
I am sure you are thinking that those that turned off the engine will die as well. Well you are wrong, they all have their parachutes, ready to jump out of the plane and float to safety.
They are all wealthy because they have benefited from corrupt administrations.
Many people believe that once corrupt politicians manage to install Maj. Gen. Mohammadu Buhari (retd) as president of a democratic government, corruption will end.
That could be true to some extent but the problem of Nigeria at the moment goes beyond fighting corruption. It requires a lot of experience and planning, which Gen. Buhari lacks.
Don’t see this as an attack on the general or any party; this is just a honest analysis of what Nigerians should expect.
THINGS THAT WILL HAPPEN IF BUHARI WINS
1. The stock market will crash totally as investors will pullout in order to understand the policies of the new administration before investing. The election panic is already affecting the market negatively.
2. Massive looting – Both Peoples Democratic Party and All Progressives Congress politicians in power will want to clean out the treasury and destroy evidence. A lot of last minute contracts will be awarded.
Since the new government won’t be sworn in till May 29th, this will give room for looting. I am sure most of you will say, once Gen. Buhari comes in they will all go to jail.
Don’t forget PDP and APC members are all involved and Buhari is known to protect his own.
You can see this in the case of Abacha and Boko Haram.
Also, this is a democratic government, Buhari can’t jail anyone without the courts convicting them with evidence.
3. Exchange rate will skyrocket – The naira is weakened due to the falling oil prices, as investors pullout their funds, there will be scarcity of foreign currency.
A lot of people will save their money in dollars, others will horde the dollars. This will lead to scarcity, a dollar might sell for N400.
4. While they are waiting for May 29th, a lot of issues of who should be appointed what position will cause problems in APC.
When the new government finally comes in, appointments take place, then the trial and errors of appointees will begin .
Reshuffling of cabinet starts, while all this is taking place. The Nigerian plane is going down. A lot of uncertainties, mistakes, trials and errors etc will burden the Nigerian plane.
While all this madness is taking place, investors will hold back, business activities will be halted and the economy will suffer a set back.
5. There will be lots of job losses than new ones. With the falling oil prices and the fall of the naira, government will have to shrink budget and block all loopholes of waste.
Companies will have to cut down on staff, foreign investors will have to wait and monitor the policies of the new administration before they come into the country.
This means that there will be fewer jobs. A lot of contracts might be terminated and abandoned, resulting in companies cutting down their workforce.
So for those that believe they will be paid because they are unemployed, should ask where the money will come from.
6. Lets pray no crisis arises from the Niger Delta region, if anything happens and affects our oil production amidst the falling oil prices. I wonder what will happen and how much a dollar will go for then, maybe N600 to one Dollar.
7. Despite all that is listed above, politics is business. Those who invested in APC must recover their money no matter what is going on with the economy. This is Nigeria for you.
8. We all know that Buhari knows nothing about economics and even if you employ the best hands to do the job, the person in charge should have a level of knowledge to what needs to be done.
The new appointees will have to go through records to know where to start from.
While all this trial and error is going on, four years has gone. All we will be hearing from Buhari and his team is that the government inherited a lot of problems.
Nigerians should give them some more time and possibly a second term. Then with the untold hardship, Nigerians will start to ask for “CHANGE”….
9. Most of you will say the stolen money will be recovered and brought back into the economy.
The lawyers and judges have to eat, so even if the past administration is tried in court, the cases will be adjourned till four years pass by.
Will Buhari be the judge? If people will have to be tried and jailed for corruption, will Buhari jail his own party members?
That is why Buhari has said he will draw the line and put an end to corruption. Drawing the line means that all those guilty of corruption prior to his administration will go free.
If you start to dig into cases of corruption, it will get to Abacha’s regime and you will be surprised at who will be exposed.
SO WHAT DO YOU WANT?
To crash the plane and let the corrupt politicians who have parachutes to jump out and have a soft landing while the plane crashes with Nigerian citizens? Or allow this plane to get to the nearest fuel station and refuel its tank?
Remember you will be asked to have patience while they fix the country. While you are waiting, there are no jobs, the Dollar is on the high side, and you are running out of your little savings.
But those fixing the nation already have billions in their account.
They have private jets and properties all over Nigeria. You will have to pay them rent or you will be thrown out of their houses while you wait.
They own universities, so you will have to pay school fees while you wait or you are thrown out of school .
They are into oil and gas and you must buy fuel from them while you wait.
THEY CAN WAIT WHILE THEY ARE FIXING THE NATION THEIR OWN WAY, BUT CAN YOU?
Can Nigerians Pay The Price Of A New Administration?
