By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: ‘Buhari Is Nigeria’s Problem, Not Its Solution’ By Pete Hoekstra Of Wall Street Journal
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

‘Buhari Is Nigeria’s Problem, Not Its Solution’ By Pete Hoekstra Of Wall Street Journal

Gbolahan Adeyemi
By Gbolahan Adeyemi
Published: June 17, 2016
Share
3 Min Read
SHARE


• Buhari

U.S Wall Street Journal shared an article on its website written by Pete Hoekstra titled “ Buhari Is Nigeria’s Problem, Not Its Solution”. The article accused President Buhari of Inflexibility, lack of vision and reactive approach to issues.
Below is the article as written on their website:

Nigerian President Muhummadu Buhariwrites of building an economic bridge to Nigeria’s future (“The Three Changes Nigeria Needs,” op-ed, June 14). It’s hard to see how his administration’s inflexibility, lack of vision and reactive approach will achieve this. Mr. Buharinotes that building trust is a priority for Nigeria.

But an anticorruption drive that is selective and focused on senior members of the opposition party creates deep political divisions. Meanwhile, members of Mr. Buhari’s own cabinet, accused of large-scale corruption, walk free. Seventy percent of the national treasury is spent on the salaries and benefits of government officials, who make upwards of $2 million a year. As for Mr. Buhari’s ideas to rebalance the economy and regenerate growth, his damaging and outdated monetary policy has been crippling.

- Advertisement -

The manufacturing sector, essential to Nigeria’s diversification, has been hardest hit, exacerbating an already fast-growing employment crisis. Foreign investors have started to flee en masse. Mr. Buharimakes only brief mention of the country’s deteriorating security situation. But security and stability are precursors to economic growth and development. Boko Haram has been pushed back for now, but little attention is paid to the structural issues that have spurred its rise.

Instead, the Nigerian government has diverted much-needed military resources to the Niger Delta, where rising militancy has reduced Nigeria’s oil production to less than half the country’s capacity, and half the amount required to service the national budget. Much of these tensions arise from Mr. Buhari’s decision to cut amnesty payments to militants and an excessively hard-line approach in a socially and politically sensitive environment. Other ethnic tensions are also growing. In the country’s south, protests have been met by a bloody response from the Nigerian military, stoking the fire and galvanizing support for an independent state of Biafra. Rising tensions could again pose one of the greatest threats to Nigeria’s stability and future.
–
–
–
–
–
–
Source: WSJ

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:administrationBiafraboko harambuharifireNiger DeltaNigerian President Muhummadu BuhariwritesofficialsPete Hoekstrasecurity
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByGbolahan Adeyemi
Entertainment News writer
Follow:
Gbolahan Adeyemi is a writer for Okay Nigeria. A budding individual with the strive to share and inform the masses with contents relating to their beliefs, lifestyle and all about the entertainment.
Previous Article Samklef Shares Epic Throwback Photo With Wizkid While He Was Producing ‘Tease Me’
Next Article Uche Jombo-Rodriguez & Her Son Cover Motherhood In-Style Magazine

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Okay.ng Logo

Parallel Market Rates

USD
Buy₦1,550.00
Sell₦1,565.00
GBP
Buy₦1,760.00
Sell₦1,790.00
EUR
Buy₦2,135.00
Sell₦2,170.00

Updated: 13 hours ago

Displayed rates are for informational purposes only and are subject to change.

Quick Converter

0.00
ShareShareShare

Rates are for informational purposes only.

Okay.ng Logo Parallel Market Rates
USD
Buy
Sell
GBP
Buy
Sell
EUR
Buy
Sell
| okay.ng
- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Elon Musk
Elon Musk Announces America Party Formation, Declares ‘You Shall Have It’
International
Tax Reforms committee
Nigeria’s Tax Reform Journey Continues, Says Committee Chairman Taiwo Oyedele
Economy
MTN Mega Billion Promo: How Nigerians Are Winning Big
Partners
As Nigerian Banks Resume Naira Debit Card International Transactions: Limits You Should Know
News
Former Nigerian Army Chief Advocates for Compulsory Military Training
News
- Advertisement -
Ad imageAd image

You May Also Like

PoliticsTop stories

NNPP Declares Rabiu Kwankwaso Will Not Contest 2027 Presidency on Its Platform

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
July 5, 2025
NSA Nuhu Ribadu
Security

Tinubu Administration Making Headway Against Nigeria’s Security Challenges, NSA Ribadu Affirms

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
July 5, 2025
Politics

Aregbesola Warns ADC Supporters Against Insults, Urges Fact-Based Engagement with APC

Muhammad A. Aliyu
Muhammad A. Aliyu
July 5, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?