President Muhammadu Buhari reportedly insisted on Friday in Abuja that he was YET to be convinced that the vast majority of ordinary Nigerians will derive any tangible benefit from a devaluation of the Naira. He is definitely entitled to his misgivings.
Without immediately weighing in on one side or the other of the devaluation debate, I must point out that the main issue highlighted above is the the speed at which Buhari can learn. I have deliberately laid emphasis on the word YET. . Pray, what does one expect of a 72(?)year old who has probably never read any complex document since he was dethroned by his military colleagues some 35 years ago? If indeed devaluation is it, I doubt if President Buhari can get it. I believe that it is as bad as that.
Buhari has for the past three years and more been surrounded by his political friends who, for reasons best known to them, insist on not upsetting him with contrary viewpoints. It is now time to bring on board perceived enemies, opponents and iconoclasts, people who do not care to respect whatever preconceived notions Buhari brought along to Aso Rock. The system, if indeed there is one, needs to be torn down and rebuilt from the ground up, brick by brick. Even if for nuisance value, though most unlikely, people like economist Henry Boyo and many others must have a role. This job is currently beyond President Buhari and his present team. Someone wrote a few weeks ago that Buhari needs help. Need I say more?
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