By Farooq A. Kperogi The torment of incessantly escalating petrol prices and the consequent surge in the cost of everything have plunged Nig...
By Farooq A. Kperogi
The torment of incessantly escalating petrol prices and the consequent surge in the cost of everything have plunged Nigerians into a precipitous decline in quality of life. This dire situation is exacerbated by insensitive, almost mocking remarks from those responsible for inflicting this pain.
President Bola Ahmed Tinubu, aptly nicknamed “T-Pain,” recently stated from London that Nigerians would, in the future, appreciate the wisdom of his “reforms.” Such a statement is both callous and mendacious.
It is callous because these “reforms” are literally destroying the livelihoods of millions and causing the deaths of many. What possible benefit could the deceased derive from economic reforms that precipitated their untimely demise?
It is mendacious because, as evidenced by the history of Structural Adjustment Programs (SAP) in Nigeria—and the experiences of other nations implementing similar neoliberal economic reforms—such policies invariably erode the middle class, exacerbate poverty among the lower classes, yet please the markets, thereby benefiting the upper classes.
Almost without exception, neoliberal policies—such as the elimination of subsidies, deregulation, reductions in social spending, and fiscal austerity—exacerbate economic inequality and hinder sustainable development in developing economies. These policies often benefit large corporations and the wealthy, which creates an inequitable concentration of wealth in the hands of a few and widens the chasm between the rich and the poor.
Thus, the deferred benefits for which Tinubu wants Nigerians to endure mass deaths and hopelessness are the opening of Nigerian markets to international competition—which may please global markets but will overwhelm local businesses lacking the resources and technology to compete—and the freeing up of resources to invest in infrastructure.
However, the reality is that contemporary Nigeria is inhospitable to foreign investment due to the absence of security, social, and physical infrastructure, and because Tinubu's policies have so impoverished the majority that they cannot afford to purchase what foreign businesses produce. This explains the mass exodus of foreign companies since 2023.
Furthermore, given the culture of endemic corruption entrenched within the upper echelons of power, most of the funds saved from subsidy withdrawals, tariff increases, intensified taxation, and cuts in social programs will likely be misappropriated. The government will still resort to borrowing from the World Bank and the IMF to finance its operations.
We are already witnessing this phenomenon. Despite massive inflows of cash into government coffers, no new projects are being constructed or even initiated. In fact, governments at all levels are procrastinating over implementing the ₦70,000 per month minimum wage. State governors convert the excess funds they receive from federal allocations into dollars and stash them away, thereby putting pressure on the naira.
Now, the vast majority of Nigerians have resigned themselves to the fact that death, starvation, and hopelessness are the only certain outcomes of Tinubu's “reforms” and are seeking a way out. Middle-class citizens are saving up to leave the country, and, for the first time ever, even the majority of northern Nigeria's middle class is investing in plans to escape from Nigeria.
In response, Senate President Godswill Akpabio declared that Nigerians fleeing the blazing neoliberal hellhole that Tinubu has created are ungrateful and unpatriotic cowards who should be stopped. “I believe people should place love for their country above financial gains. That is why many of us choose to remain here,” he said.
Akpabio and his ilk choose to stay in Nigeria not out of love for the country but because they thrive off it and are insulated from the harm they inflict upon it. The professionals leaving Nigeria in droves are not doing so because they lack love for their country. They love their country; they simply abhor the raging neoliberal inferno it has become. British Somali poet Warsan Shire once pointed out, “No one leaves home unless/home is the mouth of a shark.”
It is insulting to suggest, as Akpabio did, that Nigerian emigrants are motivated by base and unpatriotic motives. Even more insulting is Akpabio's proposed solution to halt emigration: that dissatisfied Nigerians should reduce the number of cars they own.
At times, one wonders whether Akpabio retains any functioning brain cells.
Meanwhile, Remi Tinubu, Bola Tinubu’s wife, continued this pattern of insulting Nigerians amidst their suffering. On Thursday, she told the Ooni of Ife that her husband is not responsible for Nigeria’s current travails, which contradicts her husband’s own acceptance of responsibility for the hardships Nigerians are enduring—with a promise of an illusory better tomorrow as compensation for the pain he is inflicting.
“We are just 18 months into our administration,” she said. “We are not the cause of the current situation. We are trying to fix it and secure the future."
She then inverted logic and implied that Nigerians are suffering not because her husband has increased petrol prices more times and at higher rates than any previous president, but because prior presidents did not do what her husband is doing.
“We know that subsidy has been removed, but with God on our side, in the next two years, Nigeria will be greater than this,” she said. “Those who attempted removing subsidies before could not see it through. But with your prayers in the next two years, we will build a nation for the future.”
The rage that overcame me upon reading this is beyond description. Do these insensate individuals utilize their cognitive faculties at all?
I have long harbored a suspicion that the upper echelons of Nigeria's power structure have been displeased with the emergence of a middle class since 1999. The markers of middle-class status—such as car and home ownership, fine dining, foreign education, and sartorial sophistication—have deprived the upper class of privileges they believed should remain exclusive to them.
In the early 2000s, they used to speak derisively of “Obasanjo drivers”—individuals who could afford to own cars due to minimum wage increase and arrears of the minimum wage during Olusegun Obasanjo’s presidency. It isn’t Obasanjo who gave people cars or created the middle class, of course. By its nature, the practice of democracy creates certain jobs and circulates opportunities that foster the middle class.
Now, Tinubu's neoliberal policies are eradicating the middle class and plunging the poor into deeper, more excruciating poverty, reminiscent of the days of military dictatorship. I wonder how much longer this can continue. Yet we will be observing from afar, as nothing that is happening now comes as a shock. I forewarned that this would occur even before Tinubu assumed power.
As salaam alaikum warahmotullahi wabarakatuhu, our dear professor,
ReplyDeleteI send this as one responding, with due humility, to your Saturday Tribune notes of on the 12th October, 2024 titled
"Tinubu, Remi, and Akpabio Mocking Nigerians' Hardship".
My greeting mode, a rather religious one - and thus most likely to be one supposed inapt, relative to the purely mundane, impersonal, and arguably completely areligious subject matter above - is, however, to me or in my opinion, the truly appropriate preliminary and set mood for the character of this my message to you sir.
I love and envy you for one thing ; with your profundity in atheological literary scholarship - a particularly well-educated-Nigerians-felt English language authoritative mastery - and with your world-savviness, you yet are no mean theologically inclined, contributive, and thus a great positive psyche to us, your fellow believers in the Qur'an and in the prophethood of Muhammad, may peace and blessings of God be upon him. Then, please, permit me to humbly correct you, in the light of the scriptures, on some scores, as you continue to air your rightful views nay positive criticism on national issues, you being one terribly concerned Nigerian, having impassioned cravings for a better homeland Nigeria.
That President Tinubu has been "aptly" nicknamed T-Pain as found in your piece, please my brother, I would rather you did not write that. We both read in Sooratul-Hujuraat (49) : 11 ; "...and do not address one another by offensive nicknames...". Supporting that, is another which goes thus "...and help one another in piety and fear (of God), but do not help one another in sin and enmity" Sooratul-Maaidah (5) : 2.
Your "Furthermore, given the culture of endemic corruption...most of the funds saved from subsidy withdrawals, tariff increases, intensified taxation, and cuts in social programs _will likely be misappropriated"_ is truly, by our abiding experience, an insightful argument, but please sir, does that not smack of you utopianising a corruption-free status quo ante upon reversal to, either by he (President Tinubu) now or later (I am not here suggesting such prospects or plans by the President), or by an ultimate successor of his who would be poised to dissent from all these "reforms" ? We read in, again, Sooratul-Hujurat (49) : 12 ; " O you believers, eschew much conjecture, for many a conjecture is a sin..."
And as to your wondering "whether Akpabio retains any functioning brain cells", please I remind you sir, O our fortunately Islam-cultured (by dad, as learnt from a writing of yours concerning 'our father' Islam scholar who [may God be merciful to him], by custom, would never eat outside but instead bring such for you all, the children) and greatly influential Muslim figure not to literarily publicly express yourself this way again. What you quoted our Senate President Akpabio as having said has been unarguably exasperating, if not mocking. First Lady Remi Tinubu also provokes your having to ask if "these insensate individuals utilize their cognitive faculties at all ?". Why wouldn't you, you may ask me, but do you, sir, remember that God sent a most brave and forceful prophet of His (Moses, may upon him be peace and blessings of God) to a most powerful, savage, and arrogant human on earth, and yet instructed him ; "Go to the Pharaoh, he has indeed gone beyond bounds". "And address him gently, perhaps he would gain self-reformation or be awestruck (about God)" - Sooratut-Taha (20) : 44.
Admittedly however sir, if your ever and or potentially rebutting antagonists have yet to make sense of all that you have been crying out against - most definitely not as an economically affected living-in Nigerian as me - then I suppose they should, now, after reading your October 19's critique titled "World Bank's 15-Year Death Sentence on Nigeria". Indermit Gill really has spilled the beans about our so-anticipated President Tinubu-reign reforms gains.
Jazaakallaahu khaira.
Yours in Islam,
Ademola-Jooda, Abdul-Lateef Folaranmi.