WHY PRESIDENT BOLA AHMED TINUBU MUST FIX NIGERIA'S ECONOMY? By David Adenekan.

President Bola Ahmed Tinubu 

"The current economic hardship has not gotten to its expiration date, it is still going to get far worse as our local currency (Naira) may cross the threshold of N2000 to a dollar by January 2025, based on economic indices."

The above profound  prophecy by a renowned prophet, Primate Babatunde Ayodele Elijah has come to pass. Please, watch and listen to the prophecy.

Though, I predicted years before 2023 that the economy will take a downturn and that there will be a severe hunger in the land; the masses will suffer under the ruling party, APC. However, my own prediction was based on economic indicators, not a prophecy.

In addition, I opined in my prediction during the first term of former President Mohammadu Buhari that APC will be so ruthless to stay put in power at the detriment of the suffering masses.

Suffice it to say, the current economic hardship has not gotten to its expiration date, it is still going to get far worse as our local currency (Naira) may cross the threshold of N2000 to a dollar by January 2025, based on economic indices.

Please, do not call me a prophet of doom, I am not one at all. It is simply based on factors like inflation rate, poverty index, price index, gross domestic products (GDP) as reported by National Bureau Of Statistic (NBS). This is coupled with the fact that, our local currency is still in a free-fall mode. Today, the Naira depreciated further from about  N1,645 to a dollar to N1,660 in the forex exchange market.

However, it is note worthy to say, there are some forces, including fifth-columnists that are fighting against some of the good policies of PBAT (for example local government financial autonomy as declared by the apex court, Supreme Court). But, the buck stops at his table to fix the problem of economic hardship in the country. 

A classic example is, what is the Group Managing Director of the NNPCL, Mele Kyari that has failed woefully to run a productive, accountable and transparent NNPCL still doing in his government at this time? 

Is Mele Kyari serving the interest of PBAT or the overall interest of the country?  

Truth be told, the failure and negative effects of Mele Kyari's bad leadership in managing and ensuring an affordable retail pump price in Nigeria has brought unprecedented untold hardship to the citizenry. 

Moreover, many of the acolytes of PBAT that threw their weight behind the removal of oil subsidy are now coming to terms with the reality that the removal of oil subsidy the way President Bola Ahmed Tinubu did on his first day in office during his inauguration speech, was a very wrong step in the right direction. It is counterproductive indeed!

In the final analysis, all the current efforts by PBAT to find a lasting solution to the current economic hardship in the country is like "putting a square peg in a round hole."

Emphatically, PBAT will need to have a round table discussion with his economic team to do a job performance evaluation for "a cabinet rejig."

Please, tell President Bola Ahmed Tinubu that, Nigeria's Economy isn't good. He must fix it.

"A stitch in time saves nine."

Time will tell.

David Adenekan Writes From Chicago Illinois. He Is The Editor Of Shekinah International Magazine And A Media Expert. He Is Also The Secretary Of Afenifere USA Diaspora.

davidadenekan5@gmail.com.