Why Buhari and Tinubu Rule Like Governors — And Why Nigeria Pays the Price

I believe Nigeria’s economic decline under the APC stems from presidents acting like state governors. They wait for monthly allocations, borrow heavily, then spend on visible projects—roads, bridges and rail—without boosting long-term growth. A president should be the nation’s chief policy maker and economic officer. Success metrics should include GDP growth, HDI improvements and revenue expansion. Borrowing must target revenue-generating investments, not just concrete. We need to emulate models that work. Aliko Dangote borrowed to build a refinery, repaid the loan, created jobs and expanded the tax base. Why can’t government loans support homegrown fintechs and telecoms or low-interest funds for pharmaceutical firms? APC’s short-term mindset is costing all of us.

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