“According to the IMF, Nigeria’s $375 billion GDP, is going to shrink to a $253 billion Economy by the end of 2024 yet the country president spends N90 billion on Religious Pilgrimage of few cronies and supporters”
Culled:
In December 2023, a few days to Christmas, President Samia Suluhu of Tanzania sacked the entire board of Tanzania Electricity (following the power outages).
By April 2024, Tanzania shut down its hydroelectric station to cut down on the excess electricity supply.
She brought in a total of $20 billion investments “in completed deals” for Tanzania. When I say $20 billion, I mean for just Q1, 2024.
Popularly called “Mama Samia” in her native Tanzania, what she achieved in just her first year in office made the 9 years of the APC – a sick joke. Her people are not only happy, they pray for Mama everyday.
Those who know her pedigree will tell you that her name resonates in most boardrooms around the world.
Following the power outages in South Africa, President Cyril Ramaphosa brought in an expert with a mandate & one mandate only. “To ensure that South Africans enjoy a 24 hours uninterrupted electricity.”
Cyril kept his minister of power quite alright, but he hired an expert whose only mandate is to guarantee a 24/7 around the clock electricity in SA.
These are two examples of how the “president matters.” Mama Samia represents some of the many ways a country can win.
The fact that Wale Edu, the Coordinating minister of the Economy and Minister of Finance still has his job 48 hours after the CEO of Total Energies took a whopping $6 billion investment to Angola, is all the proof you need.
Do you know what a $6 billion investment would have done for a country on its knees like Nigeria, in terms of its GDP Growth & weak employment numbers?
According to the IMF, Nigeria’s $375 billion GDP, is going to shrink to a $253 billion Economy by the end of 2024.
Bola Tinubu is not only incompetent but aloof. His failures are inexcusable.
