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Oluseyi Adebiyi: Anticipating the Dawn of the New Administration

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I do not lay claim to have been around for very long, however I must say that for over twenty years of my existence in this country Nigeria, I have never witnessed a transition period as terrible as this. In the short period of my existence, I have been privileged to witness a number of military take-overs, vis-à-vis democratic transitions. Although those periods were as well characterised by various forms of apprehension and anxiety, none ranks anywhere close to the level of apprehension that currently pervades the polity.

In the course of last week, the Vice-President elect Prof. Yemi Osinbajo (SAN) stated that the economy that was being handed over to the incoming administration was at its worst moment in history. These statements came after a two-day Policy Dialogue on the Agenda for Change organised by the Policy, Research and Strategy Directorate of the All Progressive Congress (APC) Presidential Campaign Council.

According to him, Nigeria’s local and foreign debts now stand at $60 billion. The debt servicing bill for 2015 is N953.6 billion, being 21% of the budget; while on account of severely dwindled resources, over two-thirds of the states in Nigeria owe salaries. In a swift response to this, the co-ordinating Minister of the Economy debunked his claims, stating that the total debt figure was not a true reflection of the debt incurred in the current administration, rather an accumulation of debt from previous administrations in addition to theirs. While this seems to be more self-absolving, the current state of things in the country leaves no one in doubt of the outgoing administration’s ineptitude.

To think that a few days to a change of government, many individuals and businesses are not sure if they would have enough fuel to transport themselves, or even power their offices. The nation seems to be grinding to a halt as civil servants continue to pray for a miracle to happen to enable them receive their salaries. Other workers in the private sector are beginning to consider alternative means of transporting themselves to work (trekking inclusive).

On Saturday, a friend of mine had an appointment scheduled in Lagos and had booked an early morning flight from Abuja. He arrived the airport early enough and in high spirits, unaware of the rude shock that lay in wait for him as he was later informed that all flights had been cancelled. This situation was the same across other airports. As though this wasn’t enough, some of the network providers have begun sending messages to subscribers, informing them of the possible disruption in services, based on their inability to provide fuel to their numerous base stations. While all this was beginning to settle in, the banks dealt a final blow, also informing customers that they would be closing their branches to customers earlier than normal due to the increasing difficulty of purchasing diesel. The question then is, where do we really go from here?

The recent news that the purported strike by the oil marketers has been lifted and nationwide movement of oil-laden trucks expected immediately has still not elicited any excitement from the populace. A vast majority of Nigerians can’t just wait for the current administration to move out. Over the weekend social media was abuzz with claims by many Nigerians that if the elections were held again, they would not bat an eyelid in voting for the APC all over again. Although a few people still claim that the scarcity is a sabotage by the APC, this claim perhaps no longer holds water, going by the widespread suffering that currently pervades the nation.

As the days draw into hours and inauguration day comes upon us, one message that we choose to send the outgoing administration is that, regardless of any ploy to further ground the economy to a halt, we can’t wait for them to exit. We can’t wait to see what it feels like to have a decisive President in power, we can’t wait to see corruption being a thing of the past, we can’t wait to have a President that is ready to relate on our level, introducing policies that are humane. Well, we sure do not expect miracles from the incoming administration, but we still can’t wait to give them a chance. Above all, we can’t wait for the return of our dearly beloved country Nigeria to it’s once glorious past. Nigeria will arise again. Amen.

Oluseyi Adebiyi lives to write and writes to live. He studied Agricultural Economics at Obafemi Awolowo University and currently works with a financial services provider in Abuja. His interests are as diverse as they come. He often tweets from @seyiakano, IGs as same and blogs periodically at www.santachronicles.wordpress.com" while providing strategic input for @johntripodmedia and @unabashedafrica on a volunteer basis.

10 Comments

  1. Sisi

    May 28, 2015 at 5:13 pm

    These high expectations people seem to have from the incoming Government, I sincerely do hope they deliver as in really deliver if not…….

  2. bolu

    May 28, 2015 at 5:28 pm

    i gro weary by the hour, i worry that we’ve put soo much of our expectation of Nigeria on one man and i feel like we are about to be dissappointed again. Dont get me wrong i was pro Buhari probably still am, but i’m just anxious that this circle may not end ..

  3. @edDREAMZ

    May 28, 2015 at 5:36 pm

    a.k.a EDWIN CHINEDU AZUBUKO said..
    .
    I have a feeling that Buhari is really going to work no doubt…..
    .
    .
    ***CURRENTLY IN JUPITER***

  4. bunmi

    May 28, 2015 at 5:51 pm

    Amen

  5. Gistyinka Blog

    May 28, 2015 at 5:54 pm

    For me ooo, I don’t expect miracle from Buhari’s administration in the next 4 years, but I urged him to fix Nigeria for us and his children, great-grand children and his unborn generations.
    The evolution begins tomorrow.

    God Bless Federal Republic of Nigeria.

  6. Mz_daniels

    May 28, 2015 at 8:45 pm

    This article is a rant. I’m sorry to say this. No flow of thought at all and unnecessary conclusion were jumped to.

    Do you know how much debt the military left? Do you know that OBJ too left debt and Fashola is also leaving debt for Lagos? What kind of watery statements did you make without facts?

    As per the fuel scarcity, weren’t you told in 2012 that subsidy should be removed? And marketers who go on strike weeks to a transition aren’t unreasonable abi?

    While GEJ isn’t the best of presidents, your writeup is a biased uninformed rant. You should have given an objective analysis with pros and cons

    Cons being seeming indecision

    Pros being female inclusion and selflessness. There were predictions that Nigeria would be no more in 2015, but this man held the country together.

    Bella, please stop posting factless articles like this,
    Btw, the office of the president should be respected abeg

    • shopperoflife

      May 28, 2015 at 10:13 pm

      Don’t mind the twitter and facebook child that does not know the value of anything but know the price of everything….

    • nnenne

      May 28, 2015 at 10:53 pm

      @ Mr daniels…Preach!

  7. Noms

    May 29, 2015 at 3:48 am

    This write up is so APC …coming from the Policy , Research and Strategy Directorate.
    So, let’s assume this your blabbing are true, what’s the APC’ strategy to resolve this? Always looking for an excuse not to deliver all the outrageous promises made.
    APC knew the state of the country before campaigning like miracle workers … I’m not expecting anything short all all they promised. ..you can go ahead and say they didn’t give a time frame, no wahala, I will be reasonable as well and see what happens in the next four years.
    Mtshewwwwww

  8. Adeola

    May 31, 2015 at 3:08 pm

    And your comment is so PDP. Read and move on if u don’t av any good thing to contribute.

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