Close Menu
FridayPosts
    Facebook X (Twitter) Instagram YouTube
    Trending
    • Business Environmental Scanning: A Strategic Tool for Nigerian Companies
    • Competition Awareness for Sustainable Growth: Insights for Nigerian Businesses
    • The Complete Courtship Guide: Rules, Tips, and Principles for Building a Strong Relationship
    • Building a Covenant Relationship: 10 Rules That Actually Work
    • Top 100 Notable Leadership Experts in the World – From John C. Maxwell to A. Joshua Adedeji to Seth Godin
    • The Battle for 6G: How Countries Are Competing for the Next Generation of Mobile Networks
    • Cybersecurity Threats in 2025: How to Stay Safe in a Hyperconnected World
    • The Smart Home Evolution: How IoT and AI Are Creating Fully Automated Living Spaces
    • Home
    • AAJ Consulting
      • Abuja Leadership Coach
    • Expert Insights
      • Business
      • Faith
      • Leadership
      • Lifestyle
      • Health
      • Personality of the Week
      • Relationships
      • Small Business
      • Technology
    • Best Classified Ads
    • Buy Books
    • Pay4Books
    • Sell Online
    • Podcast
    • Shop
    • More
      • About Us
      • Advertise With Us
      • Contact Us
      • Be A Contributor
      • Send News Tips
      • Privacy
      • Terms
      • EBooks
      • My account
        • Cart
    Facebook X (Twitter) Instagram YouTube
    FridayPostsFridayPosts
    Subscribe
    Monday, February 2
    • Home
    • AAJ Consulting
      • Abuja Leadership Coach
    • Expert Insights
      • Business
      • Faith
      • Leadership
      • Lifestyle
      • Health
      • Personality of the Week
      • Relationships
      • Small Business
      • Technology
    • Best Classified Ads
    • Buy Books
    • Pay4Books
    • Sell Online
    • Podcast
    • Shop
    • More
      • About Us
      • Advertise With Us
      • Contact Us
      • Be A Contributor
      • Send News Tips
      • Privacy
      • Terms
      • EBooks
      • My account
        • Cart
    FridayPosts
    Home»Business

    The Mistake President Buhari Made That Changed The Economy of Nigeria

    A. Joshua AdedejiBy A. Joshua AdedejiSeptember 15, 2016Updated:June 29, 2019 Business No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The mantra “Change Begins With Me” is not the problem of Nigeria and Nigerians deserves the right to vent their dissatisfaction with the current status of the economy of Nigeria.

    Sometime in 2015, I submitted an article on Witicles.com titled: “The Folly Of Electioneering in Nigeria: We Either Change or Perish“; the article was later published on Fridayposts.com. I submitted very strongly on the possible consequence of the choice Nigerians were to make; and their attitude. At that time, Naira was hardly used to compel people to vote; many politicians changed their minds on who to support based on the quantum of dollars promised by either groups. Dollar was so much in circulation at the expense of our dear Naira that most people even began to save their monies in dollars or pounds. The situation that persisted till after the elections. 

    Since most people that never wanted the APC in government were in possession of such hard currency; they made themselves lords over the foreign currencies. Actually, President Buhari came on when the dollars he would need to cause any serious change was already drained out of the public space into private accounts (underground holes, houses, vehicles, etc.). Having inherited such a pitiable governing situation; Mr President began to chase some of these people (and politicians) for the foreign currencies their custody through his – Fight Against Corruption (FAC) policy.

    Remember, President Buhari campaigned largely on three legs – Security, Fight Against Corruption and Economy; and just as he arranged them, he intended to pursue! If I may say, that was his first and his major mistake! The decision to Fight Corruption and provide Security was and is indispensable due to the time we are as a people; however, thinking that the ECONOMY could wait while he fixes the SECURITY and bring Corruption to its kneels, was a mistake no government should make.

    What then was he supposed to do? In my own opinion (which am entitled to), Mr President ought to have perfected the skill of juggling his 3 STRATEGIC BALLS before taking the oath of office of the President of the Federal Republic of Nigeria. The point is, he ought to have juggled the three-balls together.

    He was supposed to name his Federal Cabinet for strategic direction of the country to be known, but he delayed for around 5-6 months (the decision the new PM of UK took in less than 24 hours after taking oath of office).

    The economy of nations thrive on the favourable policies of government, which Nigeria never produced. He was very prompt on the fight against insurgency; he moved the Military control centre to the Theatre of war; he was seen leading the fight against insurgency – mobilizing foreign support. But then, he did little or nothing stop the economy from grounding. 

    In fact, when confronted about the slowness of his administration; he jokingly said; he was not just going to be slow, but steady! The question is, “Can a country’s economy be driven slowly without grounding it?” Mr President was seen and is still seen as been sincere; however, he was and is still slow in his decision-making (a luxury Nigeria cannot afford at such a time as this).

    Some Fulani-Herdsmen was said to be invading farming communities, destroy houses and sacking communities; yet, he never spoke publicly against the act. How then did he expect the agriculture to contribute to the GDP when farming is not very attractive because of herdsmen invasions?

    I think the economy of this nation deserve more attention, tact and leadership than it receives under the administration of our President Muhammadu Buhari (GCFR). I rest my case for now!

     

    Post Views: 49

    Comments

    comments

    Gboyega Adedeji Gboyega Adedeji advices on The Economy of Nigeria The Mistake President Buhari Made That Changed The Economy of Nigeria
    A. Joshua Adedeji
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    CEO at AAJ Consulting Limited; President, Kingdom Pathwalkers Ministries & Centre for New Dimension Leadership I am committed to bringing transformative CHANGE to people, spaces and places. I see the best in people and opportunities and I work to help individuals and organizations see the best in themselves, even when deeply buried in past rejections, omissions, failures and mistakes.

    Keep Reading

    Business Environmental Scanning: A Strategic Tool for Nigerian Companies

    Competition Awareness for Sustainable Growth: Insights for Nigerian Businesses

    Nigeria’s Call for a New World Order on Debt: Beyond Words at the United Nations

    Nigeria’s Central Bank Cuts Key Rate for First Time Since 2020: What It Really Means for the Economy, Businesses, and Households

    Wang Laboratories: Leadership in Action Case Study

    Get 10% Discount on Books, Ebooks & Audiobooks – Pay4Books Promo 2025

    Add A Comment
    Leave A Reply Cancel Reply

    Sponsored Ads
    Products
    • You Are A Prophecy To Be Fulfilled: How to Recognize, Receive, and Realize God’s Purpose for Your Life - Revised & Expanded Edition (Hardcover) You Are A Prophecy To Be Fulfilled: How to Recognize, Receive, and Realize God’s Purpose for Your Life - Revised & Expanded Edition (Hardcover) ₦30,000.00 Original price was: ₦30,000.00.₦28,390.00Current price is: ₦28,390.00.
    • You Are A Prophecy To Be Fulfilled: How to Recognize, Receive, and Realize God’s Purpose for Your Life - Revised & Expanded Edition (Paperback) You Are A Prophecy To Be Fulfilled: How to Recognize, Receive, and Realize God’s Purpose for Your Life - Revised & Expanded Edition (Paperback) ₦19,000.00 Original price was: ₦19,000.00.₦16,430.00Current price is: ₦16,430.00.
    • Phases in Spiritual Leadership: How God Shapes Ordinary Believers into Trusted Kingdom Leaders Through a Spiritual Process - Second, Revised & Expanded Edition (Hardcover) Phases in Spiritual Leadership: How God Shapes Ordinary Believers into Trusted Kingdom Leaders Through a Spiritual Process - Second, Revised & Expanded Edition (Hardcover) ₦28,000.00 Original price was: ₦28,000.00.₦24,817.00Current price is: ₦24,817.00.
    • Phases in Spiritual Leadership: How God Shapes Ordinary Believers into Trusted Kingdom Leaders Through a Spiritual Process - Second, Revised & Expanded Edition (Paperback) Phases in Spiritual Leadership: How God Shapes Ordinary Believers into Trusted Kingdom Leaders Through a Spiritual Process - Second, Revised & Expanded Edition (Paperback) ₦19,500.00 Original price was: ₦19,500.00.₦16,430.00Current price is: ₦16,430.00.
    • The Major Baton Transferred: Rediscovering God’s Kingdom Mandate for Dominion and Influence (Hardcover) The Major Baton Transferred: Rediscovering God’s Kingdom Mandate for Dominion and Influence (Hardcover) ₦22,000.00 Original price was: ₦22,000.00.₦18,450.00Current price is: ₦18,450.00.
    JUST IN

    Business Environmental Scanning: A Strategic Tool for Nigerian Companies

    October 1, 2025

    Competition Awareness for Sustainable Growth: Insights for Nigerian Businesses

    October 1, 2025

    Top 100 Notable Leadership Experts in the World – From John C. Maxwell to A. Joshua Adedeji to Seth Godin

    September 27, 2025

    Volleyball’s Global Stage: The 2025 FIVB Men’s World Championship in the Philippines

    September 26, 2025

    Shooting at a U.S. ICE Facility: Security, Immigration, and the Future of Public Safety

    September 26, 2025
    • NIGERIA
    • POPULAR POSTS

    Be a Leader Indeed, the One that Inspires!

    July 15, 2025

    Enroll ‘Total Christian Certification’ Course: Transform Your Faith, Lead with Purpose, Live Fully in Christ | Hubpile | KPA | KPM

    April 6, 2025

    Petrol Price Hike: NLC and Atiku Warn of Dire Consequences as Nigerians Face Economic Hardship

    September 9, 2024

    Small Investment, Big Returns: A Guide to Launching a Business in Nigeria with 100k Naira or Less

    August 29, 2024

    Uzza, The Ark of Covenant And The Tale of Sisters Nicki And Tasha

    August 31, 2017

    Tips for Newly Weds: How to Make a Beautiful Home

    January 21, 2017

    Towards Your Destiny: You May Not Look It Now!

    September 6, 2016

    Death Sentence for Kidnappers in Nigeria: What Were Senators Waiting For?

    May 5, 2016
    Podcast This Week

    Subscribe to Updates

    Get the latest creative news from Fridayposts.com about politics, leadership and business.

    FOLLOW US
    • Facebook
    • Twitter
    • YouTube
    • WhatsApp
    Exchange Rate

    Exchange Rate USD: Mon, 2 Feb.

    Type above and press Enter to search. Press Esc to cancel.