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Nairaland Forum / Nairaland / General / Politics / Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board (35810 Views)
Tinubu’s Ministerial Gyrations Fail To Inspire By Punch Editorial Board / Buhari Has Set Traps For Tinubu – Shehu Sanni / Femi Fani-Kayode Cartoon Image By Punch Reposted By Reno Omokri (2) (3) (4)
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Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by dre11(m): 7:43am On May 02, 2023 |
WITH just four weeks left to quit office, the President, Major General Muhammadu Buhari (retd.), and regime officials are taking decisions and inking deals that are potential booby traps for their successors. Among these are a pay rise, fresh contracts and procurement deals, borrowings and unresolved reforms that will undoubtedly add to the already humongous challenges that await the President-elect, Bola Tinubu. Buhari has mercifully deferred the planned petrol subsidy removal, and equally postponed the potentially incendiary census; he should also halt all further non-essential commitments and avoid bequeathing further constricting burdens on his successor. https://punchng.com/buhari-lays-booby-traps-for-incoming-government/ 13 Likes
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Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by EdoBoy90(m): 7:45am On May 02, 2023 |
By then, I don japa 63 Likes 4 Shares |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by Ihateheadslamer: 7:46am On May 02, 2023 |
Naija really entered one chance from the hands of Buhari 20 Likes 4 Shares |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by WorldRichest: 7:48am On May 02, 2023 |
Tinubu is the master planner. No trap can hold him 68 Likes 8 Shares |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by Ihateheadslamer: 8:00am On May 02, 2023 |
Bola Ahmed Tinubu is a cocaine sniffing vagabond WorldRichest: 149 Likes 15 Shares |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by 4Play(m): 8:08am On May 02, 2023 |
The decision to postpone subsidy removal and at the same time commence salary increase implementation seem like attempts to sabotage the new administration before it's taken office. Not that Tinubu personally cares. If anything, his supporters will use Buhari's ineptitude as propaganda in future to make excuses for him. 67 Likes 3 Shares |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by TUANKU(m): 8:17am On May 02, 2023 |
As usual another APC problem will become our problem just like the naira redesign. 25 Likes 5 Shares |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by HopeSpencer: 8:20am On May 02, 2023 |
From Buhari will never handover to Tinubu to Buhari lays booby traps for Tinubu. Ipob news ehn 4 Likes 1 Share |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by DeLaRue: 8:39am On May 02, 2023 |
That 40% salary increase was shocking. The questionable agreements the current government is rushing to sign are befuddling. We need fiscal and monetary tightening to bring our debt profile to a sustainable level, not reckless spending. Reckless spending = more debt, more debt = increased chance that we default on repayment, default will = crash of the naira to well over N1, 200 to $1. To put things in context, the Egyptian pound lost 50% of its value in 2022 alone. Don't think Naira cannot do the same. Naira crash = hyper inflation which will finally turn the economy upside down and deliver us into the clutches of the IMF like Ghana, Sri Lanka, Argentina, Egypt, and Lebanon. Inflation in Lebanon is over 250%. Today, bread in that country costs 50 times as much as it did 3 years ago. That's the equivalent of buying a N500 loaf of bread for N25,000. All because they failed to manage their economy properly. I hope Mr Tinubu and his advisers learn from what is happening in these countries. He needs to declare a debt state of emergency as soon as he gets in and do the following: 1. Temporary ban on salary increases 2. Ban on certain infrastructural projects for 2 years - e.g no new major road construction should be approved. Let's do patching for now 3. Orasanye report or a revised version should be implemented. Many agencies should be abolished or merged 4. Sell off non performing refineries that are still gulping tens of billions annually 5. Get rid of the hundreds of APC hangers-on now swirling around him. If tolerated, these gluttons will be the ruin of this country. In the mean time: 1. Channel resources into education - elevate university infrastructure, keep agreements made with lecturers, and help our schools produce graduates that can compete on a global level. 2. Increase import duty exponentially on non-essential reckless imports that are destroying the value of the naira. I don't understand why my local supermarket has 4 different types of almond milk. 10 years ago, nobody had heard of almond milk, and we survived. India, Singapore, China etc have these targeted taxes. Nigeria should double - down on high import taxes on certain goods. 3. Spend on improving efficiency in public service delivery. A few years ago, registering a company was complicated and in many cases required bribing CAC staff. Today, the process is as smooth as butter because the entire process has been moved online and bribery has been eliminated. The efficiency gains are massive. This approach should be adopted across all government departments. It will significantly reduce if not eliminate certain types corruption, at very little cost. 4. Pay down our debt. 5. By the end of year 2, start loosening the purse strings again, but more responsibly than the current govt. Paying down the debt significantly will help to stabilise the Naira, and help Mr Tinubu to start investing in priority infrastructure again. New roads, better schools, well-equipped hospitals etc Instead of immediate salary increases, he should consider removing all those earning N40, 000 or below from paying any income tax. This will help a large portion of struggling salaried people without causing as much inflationary spike as unrestrained salary increases will do. We need to take a short term pain for long term prosperity. There are no short cuts. 84 Likes 8 Shares |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by helinues: 9:12am On May 02, 2023 |
Nigerians elected his Excellency Bola Tinubu because they believe in his ability to solve issues. Tinubu is the most prepared candidate ever not just in this year election but in all the Nigeria past presidential election. I believe in Tinubu's capabilities, he should be allowed to make the difference without unnecessary distraction 16 Likes 3 Shares |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by Racoon(m): 9:13am On May 02, 2023 |
The Minister of Finance, Budget and National Planning, Zainab Ahmed, admits that the regime spends 96 percent of all revenue to service debt and borrows to meet salary and pension commitments. 4 Likes |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by Racoon(m): 9:20am On May 02, 2023 |
helinues:"The Buhari that came to power roughly eight years ago was packaged as someone who had it in him to exercise the self-restraints necessary to administer a dysfunctional country like Nigeria. No thanks to Buhari and his legendary incompetence, we now know better. Meanwhile, the same people who packaged his myth are back in the market. Now they are promising that 2023 will bring “renewed hope.” We have moved from the taglines of ‘integrity’ and ‘anti-corruption’ to “builder of city” and “builder of men.” That is how they will tell you that another messiah is on the way until somewhere down the line when the scam will unravel, first, through the failures of such leader; and second, through the person’s garrulous admission that none of what they told you was ever true. https://punchng.com/the-buhari-scam-keeps-unravelling/ 12 Likes 1 Share |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by Frizz001: 9:29am On May 02, 2023 |
All these ones don't matter as far as Tinubu answers President of the Federal Republic of Nigeria. He has no intention of getting caught in any of these so called booby traps because he is set to be even more unaware than Buhari ever was while the ever-ready useful idiots and bigoted lapdogs will continue to drum up support for him, insist he is never to be held accountable and rather go hunting for 16 years of PDP as a scapegoat for their (APC/Tinubu/Buhari) ineptitude. Vote for who get strength, character, competence and conscience una say no; INEC too follow dabaru the process because they were told to grab it, snatch it and run away with it...we're all here. helinues:Oho! i never talk finish dem don start. Obvious issues have been identified, someone has come to call it unnecessary distraction. It is the same people that will say that no matter what opposition statements are made, it will change nothing and that Tinubu must be sworn in as president yet, same people will be hounded as having so much effect as to be distracting the 'President'. Which one una dey? 10 Likes 1 Share |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by nsiba: 10:30am On May 02, 2023 |
helinues: Tinubu that isn't sure of seeing another day talk less of him being President 4 Likes |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by baralatie(m): 10:56am On May 02, 2023 |
I don't know about booby traps but I know about serious concerns From loans collected in line to remove subsidy Federal budget borrowing National debt 22% inflation rate Problematic oil revenue earnings High dollar to naira exchange rate Worker/employer issues State Insecurities Food 4 Likes |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by wonder233: 11:00am On May 02, 2023 |
Punch should not worry themselves. Nigerians don't care about any of these things. All Nigerians need is their religion and tribe. They don't really mind poverty, insecurity, hunger, unemployment, etc. Anything the new administration will do is perfectly fine, anyway they act is excellent. Lets stop forming woke by pretending we care about good governance, whereas what we really want deep down is for someone of our tribe or religion to be in power and another person from another tribe or religion we hate not to. 21 Likes 4 Shares |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by Nobody: 11:15am On May 02, 2023 |
APC is a disaster 3 Likes |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by SultanOfAbia: 11:16am On May 02, 2023 |
Ok |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by reiddecuti: 11:16am On May 02, 2023 |
There's no failure like Buhari and will never be a failure like him. He failed as a head of state from 1983 to 1985 and repeated the failure with no shame (this time more terrible) as an elected president from 2015 to 2023. Abegi! He should be given a spot @ World Guinness Book of Record. 3 Likes |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by DesChyko: 11:16am On May 02, 2023 |
Buhari has mercifully deferred the planned petrol subsidy removal, and equally postponed the potentially incendiary census; he should also halt all further non-essential commitments and avoid bequeathing further constricting burdens on his successor. Either the writer is ridiculous for classifying census as non-essential or the writer has a poor command of English. How else do we efficiently allocate all resources without quality data? The census can be deferred, Yes.. But saying it is non-essential?? Pffft Perhaps they're echoing probably the only accountant in the world who doesn't believe in statistics just as he didn't believe in One Nigeria earlier 😌 1 Like |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by bigdammyj: 11:17am On May 02, 2023 |
Reading... |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by Dreamhighnow(m): 11:17am On May 02, 2023 |
We don’t want excuses again oo No be only Bobby trap Na coochie trap What APC cannot do does not exit They have succeeded in pushing the governance bar to the all time low in the history of this country We need result for all and sundry in this Nation No excuse No excuse 1 Like |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by ImoleNaija: 11:17am On May 02, 2023 |
Governance is not a child's play. Anyone who doesn't have the mind shouldn't go near Presidency. The incoming Presido would also do his best and leave the rest to his successor. 1 Like |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by eedimo(m): 11:17am On May 02, 2023 |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by Nobody: 11:18am On May 02, 2023 |
WorldRichest: In planning what exactly 3 Likes |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by AutoConsult: 11:18am On May 02, 2023 |
It's a good thing someone very capable is coming on board. It'll be very tough but he'll get the job done. Also very important to check my signature😁 |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by InvertedHammer: 11:18am On May 02, 2023 |
/ It doesn't matter. APC will use the next 8 years blaming the preceding APC government. Their vuvuzuelas will take over the defense. It will be another motion without movement. The excuses have already started trickling in. / 4 Likes |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by Boyooosa(m): 11:18am On May 02, 2023 |
wonder233: Who would you have preferred as a successor? |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by TOPCRUISE(m): 11:18am On May 02, 2023 |
They have started giving excuses for incoming failure and premeditated organized corruption 4 Likes |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by marlow1962(m): 11:19am On May 02, 2023 |
Mtchew |
Re: Buhari Lays ‘booby Traps’ For Incoming Government; By Punch Editorial Board by Guyman01: 11:19am On May 02, 2023 |
Stop disturbing us, he said Emi lokan, let him go to work and start from where Buhari stopped as he told Nigerians. 4 Likes |
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