Will victory equal reform?
Promises during the campaign won votes. Will voters wait patiently for results in Nigeria?Please don’t expect miracles: The president-elect faces enormous tasks, starting with halting corruption
MUHAMMADU BUHARI… promised frustrated Nigerians that he would bring change once he is inaugurated on May 29th. Many will take him at his word. “Most people are expecting a new Nigeria,” says Ahmad Lamido, a civil servant in the northern city of Kano…
Mr Buhari will start by trying to deal with mismanagement in the army. Embezzlement by generals is one reason why, despite a huge budget, the army lacks the equipment to defeat the jihadists of Boko Haram…
Mr Buhari’s new lot will look into the accounts of the Nigerian National Petroleum Corporation (NNPC). Investigation into opaque operating contracts is the starting place, reckons Thomas Hansen of Control Risks, a London-based consultancy. The state-owned oil giant signed operating contracts worth billions of dollars without bidding during Mr Jonathan’s presidency. Such “strategic partnership agreements” have been a way to steal cash from federal coffers, says Lamido Sanusi, a former central-bank governor sacked by Mr Jonathan for alleging that $20 billion in oil revenue had vanished…
Mr Buhari must keep the current fragile peace in the oil-producing Niger delta. He is expected to axe an expensive deal which, since 2009, has paid former militants to stop them blowing up oil installations and kidnapping workers… The new government may come up with another deal instead…
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Labels: corruption, leadership, Nigeria, politics, reform
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