Nigeria Under Buhari: An Unfavorable Analysis

It is widely acknowledged that the Nigerian economy, particularly under the Buhari administration of the All Progressives Congress (APC), has significantly underperformed. This article delves into the various socio-economic and political challenges that continue to plague Nigeria, questioning whether the country has fared better under this administration.

Political and Economic Malaise

The administration of President Buhari, despite good intentions, has faced numerous setbacks and disappointments. Economic data and on-the-ground observations clearly illustrate the decline in various sectors, with the cost of living increasing dramatically. Job losses are widespread, and public services such as water and electricity are severely compromised. Education, healthcare, and security have all seen degradation, while corruption remains rampant. These factors paint a gloomy picture of Nigeria’s governance under Buhari’s administration.

Economic Downturn and Rising Costs

Under the Buhari administration, the Nigerian economy has taken a significant downturn. According to statistics, the cost of virtually everything has skyrocketed, contributing to an increase in poverty levels. Job losses in the corporate sector have been rampant as companies struggle to sustain operations in an increasingly unstable economic environment. The naira’s devaluation and the increased cost of petrol have further strained the budget, with fuel prices soaring from N97 to N145 and the naira falling from N150 to N360.

Secular Governance Failures

The safety and security of Nigerian citizens have been severely compromised. Boko Haram, bandits, and other violent groups continue to wreak havoc across the country. Security forces, rather than providing protection, have at times been involved in lethal confrontations with protesters, further eroding public trust. The government’s response to external threats, such as the xenophobia attacks in South Africa, has been inadequate, raising questions about the effectiveness of the administration’s leadership.

Corruption and Lack of Accountability

One of the most significant criticisms of the Buhari administration is the high levels of corruption. Allegations of embezzlement and mismanagement of public funds are pervasive, with estimates suggesting that billions of dollars disappear each year. Notably, Nigeria has been labeled the “poverty capital of the world,” an unfortunate reality for many citizens who struggle to access basic services. The failure to address corruption has led to a general feeling of disillusionment among the Nigerian populace, who increasingly perceive their government as illegitimate and ineffective.

Government Programs and Their Impact

While some programs, such as Npower, have been initiated to provide temporary employment for young people, these initiatives often fall short of their intended goals. Npower, which aims to empower up to 300,000 youths, has been criticized for its low monthly stipend of less than 80 naira and the inefficiency with which the funds are managed. This program's reliance on external loans and the absence of substantial reforms in the institutions it seeks to support further highlight the challenges of implementing meaningful public policies.

Conclusion and Looking Ahead

Despite the positive intentions expressed by the Buhari administration, the overall impact on Nigerians has been overwhelmingly negative. The combination of economic downturn, rising costs of living, and a lack of effective governance has resulted in a substantial decline in the quality of life for many citizens. As the country faces these challenges, it is imperative that measures are put in place to combat corruption, improve infrastructure, and enhance public services. Without significant reforms, the path to a better future for Nigeria remains uncertain and elusive.