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Governors | Zikoko!
  • What Politicians Are Spending Money On Instead of Fighting Poverty

    One game the Nigerian government loves playing is the blame game. And we’ve seen that play out many times with the current Buhari administration, from blaming the state of our country on so-called lazy youths to blaming the weather for fuel scarcity. It’s 2022, and fingers are still being pointed. 

    Early in December 2022, the Minister of State for Budget and National Planning, Clement Agba, blamed the state governments for the level of poverty in the country. Barely 24 hours later, President Muhammadu Buhari voiced the same accusation, saying the state governors were looting local government funds. 

    Politicians Buhari Poverty Nigerians Governors

    The Minister of Finance, Zainab Ahmed, disclosed that the Buhari administration has supported states with over ₦5 trillion since 2015, but millions of Nigerians are still extremely poor.

    We’re approaching the final six months of the Buhari administration with another administration  on the way, but the problems plaguing us as a nation have barely changed. 

    If the government’s allegations are true, how and on what projects were these funds spent? Well, we have a few guesses.

    Exotic rides

    Nigerian politicians know how to live soft lives on our national cake. Nobody does it better than them. We’ve also seen that they can be very cheerful givers. In April, the governor of Zamfara State, Bello Matawalle, distributed 260 brand new Cadillac 2019 model cars to traditional rulers to thank them for sustaining peace. This was a week after he distributed 15 brand new Hilux cars to leaders of “repentant” bandit groups.

    Politicians Buhari Poverty Nigerians Governors

    You’d think a governor whose state has one of the highest population of out-of-school children would focus scarce resources on addressing that rather than rewarding criminals. But no, this is Nigeria, and logic doesn’t live here.

    Exploring overseas

    Our politicians were probably explorers and adventurers in their previous lives because they enjoy being anywhere but home. And if we look more closely, they started the japa trend because they mostly have their families abroad, and their children hardly ever have to pass through the ASUU strike rite of passage. Even our First Lady, Aisha Buhari, decided the country was too stressful and spent six months in Dubai and can you blame her?

    Politicians Buhari Poverty Nigerians Governors

    Medical tourism

    In July 2022, the vice-president, Yemi Osinbajo, received praise for undergoing surgery in Nigeria, and that showed how low the bar is for our politicians. Millions are spent by government officials seeking foreign healthcare. And unfortunately, the ambassador of this sad trend is our president himself, who, despite his promise to end medical tourism, has spent a total of 237 days abroad for health reasons. 

    Politicians Buhari Poverty Nigerians Governors

    Even 2023 presidential candidates aren’t ready to commit fully to staying in Nigeria for their medical care if they win next year’s election.

    Election campaigns

    As we already know, elections in Nigeria are expensive. The 2023 presidential nomination form for one of the political parties cost ₦100 million. This is one of the reasons why politics today is ruled by godfatherism. This system ensures successful candidates use state resources to repay favours owed once they get into office. 

    Politicians Buhari Poverty Nigerians Governors
    Getting into office as a Nigerian politician is an opportunity to ball with your guys

    While Nigerian politicians keep pointing at non-existent excuses for their failures, Nigerians are suffering from neglect. Hopefully, the next administration we elect in 2023 will spend Nigeria’s money on Nigerians..

  • How the Greed of Three Nigerian Governors Will Affect You

    Ever since the Central Bank of Nigeria (CBN) announced the redesign of the naira banknotes, the financial economy of Nigeria has been going haywire. The naira continues to tumble, the scarcity of dollars is making waves and even the Minister of Finance has washed her hands from the mess

    To add to all the commotion, some governors are trying to play smart and use civil servants to launder the money. We’re not making up stories and this is coming directly from the chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa.

    What we know about this plot is that instead of paying into their workers’ bank accounts, as usual, the governors plan to pay them cash so it would be easier to dispose of stashed old notes. The gang of Money Heist would be so proud.

    Who are the governors?

    So far, Bawa is only giving us half gist and has refused to mention the names of these governors. But he mentioned that two of them are from the northern region and the third is from the southern region. Considering the fact EFCC can’t prosecute serving governors, we’ll probably never hear the names from him. But we know whose collar to hold whenever they announce they want to pay workers in cash.

    But how do the actions of these governors affect citizens? 

    The exchange rate will get werser

    With the rapid and uncontrolled influx of money by these unknown governors, consumption rates are increasing. But the unstable demand will negatively affect bank rates. So if you see ₦‎1000 to a dollar as the exchange rate before 2022 is over, you know who to blame.

    Nigeria will start losing its daily ₦‎2k from foreign investors

    The price instability caused by black money in the financial system will affect the economy’s credibility in the global community. Rational entrepreneurs will find it inconvenient to invest in the country because they’ll also consider the country’s risk before investing. 

    And if Nigeria isn’t making money, it’s very unlikely that you’d make money as well. You may as well fix your appointment for a salsa date with sapa.

    https://twitter.com/Astronaut_ijebu/status/1480423096934973443?s=20&t=ZYtutc8TNs72sdvq2Jk_3w

    Mechanics may never become ballers

    With the high rate of inflation, there’ll certainly be a divide between the rich and poor. It’d be harder for those making money in naira to purchase goods as prices would steadily increase while those earning in dollars will keep getting richer. No hope for mechanics.

    In the end, what these three governors and others like them should know is that EFCC is watching, and so are Nigerians.