NYFA LEADERS' ECONOMIC DIGEST Episode 24

NYFA LEADERS' ECONOMIC DIGEST

Episode 24

By NYFA Editors

Tinubu's Brazil Bracado: A Sideshow of Absurdity in Nigeria's Theatre of the Absurd.

In a recent address in Brazil, President Bola Tinubu proclaimed that "I don't see the reason why Petrobas should not be back to Nigeria." This statement has sparked widespread incredulity among Nigerians, who are left wondering whether the President has lost touch with reality or is merely attempting to deflect attention from the myriad challenges confronting the nation.

The unpopular President's assertion that his administration is corruption-free is a paradigmatic example of Orwellian doublespeak. The oil and gas sector, notoriously susceptible to graft, has ostensibly been transformed into a bastion of transparency and accountability under the President's stewardship. One can only assume that the President's definition of corruption differs significantly from the commonly accepted understanding of the term.

Furthermore, the claim that the administration has "added more money to the economy" defies logical explanation, arithmetic, and basic common sense. It appears that the President has discovered a novel formula for generating wealth, one that involves waving a magic wand and chanting incantations, all while the naira's value plummets and the cost of living skyrockets. This narrative is reminiscent of a fantasy novel, where economic indicators are mere suggestions rather than concrete realities.

The administration's governance style is characterised by a peculiar blend of absurdity and reality distortion. Their propensity for bullying and harassing opposition governors and lawmakers represents a bold new approach to governance, where policy-making and public service are supplanted by coercion and silencing of dissenting voices. This approach raises fundamental questions about the state of democracy in Nigeria and the rule of law.

More so, the administration's penchant for making unsubstantiated claims, such as the initial supposed resumption of visa processing for Nigerians by Dubai government and special skills visas by the Japan government, showcases their boundless imagination and ability to spin a compelling narrative. One can only wonder what other fantastical claims the administration will come up with next, and how these claims will be received by the Nigerian public.

A critical examination of the President's reforms reveals a similar pattern of absurdity. Despite the issuance of Executive Orders 40, 41, and 42 aimed at improving the oil and gas sector, corruption persists, raising questions about the administration's commitment to meaningful reform. It appears that these reforms are little more than a mirage on the horizon – promising from afar, but upon closer inspection, merely a facade.

The unpopular President Tinubu's words and actions, therefore, constitute a study in absurdity, where fact and fiction are inextricably intertwined. The administration's claims of economic growth, reform, and zero corruption represent a masterclass in creative governance, redefining reality and spinning a narrative that creates a fantasyland where Nigeria's problems are nonexistent. As such, it is imperative that Nigerians remain vigilant and critically evaluate the administration's claims, lest they become complicit in this grand farce.

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