Nigeria’s Failed Promises
He had an opportunity to make real reforms early on, to boldly reshape Nigeria’s path. He wasted it.
Perhaps the first clue was the unusually long time it took him to appoint his ministers. After an ostensible search for the very best, he presented many recycled figures with whom Nigerians were disenchanted. But the real test of his presidency came with the continued fall in oil prices, which had begun the year before his inauguration.
Nigeria’s economy is unwholesomely dependent on oil, and while the plunge in prices was bound to be catastrophic, Mr. Buhari’s actions made it even more so.… Seguir leyendo »