issues, Naija, Politics

Nigeria’s Economic Reforms. Staying the Course.

Nigeria’s President Bola Tinubu looks on after his swearing-in ceremony in Abuja, Nigeria May 29, 2023. REUTERS/Temilade Adelaja/File

I support the economic reforms being pursued by President Bola Tinubu’s administration. Several of the decisions taken over the past three years, alongside key appointments at the Central Bank of Nigeria and the Ministry of Finance, have reinforced my belief that there is finally a serious intention to confront problems Nigeria has carried for far too long. I expect a backlash from my friends for writing this, but let me discuss my position in a scattershot of thoughts.

I want this government to succeed. I want Nigeria to become a country where ordinary citizens can build something worthwhile and have a reasonable chance of seeing it prosper. Like many Nigerians, I am exhausted by endless talk of our “potential” while the structural conditions required to realise it remain untouched.

The hardship Nigerians are enduring today is acute and undeniable. Food prices, transport fares, and basic household expenses have pushed millions of families to their limits. People have every right to question the government, voice their frustration, and demand relief. But an honest public debate cannot begin and end with our pain. It must also confront the paraplegic economy we have been operating and reckon with the catastrophic cost of continuing the arrangements that existed before.

As another election approaches, the familiar call for a policy reversal, or an easy political reset, is gaining momentum. To surrender to that impulse would be to repeat Nigeria’s most damaging historical habit of initiating painful, overdue reforms, panicking at the first political resistance, and restarting from an even weaker baseline years later.

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issues

Reclaiming Journalism: Elevating Policy Over Political Drama

Taiwo Oyedele & Anthony Blinken. Images from AB Magazine and The New York Times

One of the greatest needs of human society today is to resist the temptation of letting politics overshadow the narratives of development. Unfortunately, this has become increasingly common, leading to the erosion of qualitative conversations about substantive issues. Add to this the high-speed consumption of information and the democratized media space, and we find ourselves caught in a spiral of ugly dialectics, yielding little more than sensationalized reportage with no progressive value.

More troubling, however, is how journalists, who are meant to shape public discourse by asking intelligent questions of those in power, often veer into the realms of mischief. They court political jesters who “must politic” instead of engaging meaningfully with policy experts. Even when they sit down with individuals who staff the critical nerves of public policy, their focus tends to remain firmly on politics, leaving policy discussions as an afterthought.

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issues

Public Policy and the critical factors of time, skills, resources, and people

Recently, I have been meditating on the general concepts of Time, Skills, Resources, and People and how they interplay to produce desired outcomes. Initially, these thoughts were rooted in private considerations—how best to manipulate these factors for beneficial results. But, as is often the case, my reflections wandered to a familiar domain: public policy.

Having invested the last 15 years of my life working in, studying, learning within, and partnering in the area of government affairs and public policy, I can’t help but view concepts through this lens. It’s second nature for me to contextualize almost anything within the framework of public policy, whether or not they are explicitly connected. Interestingly, these four factors—Time, Skills, Resources, and People—are implied in almost every aspect of policy, yet they are rarely purposefully factored in during the pursuit of policy goals.

At a fundamental level, I believe exploring these four factors individually and applying them to public policy will be incredibly useful for anyone in this field—whether you work directly in public policy, study it academically, or intersect with it in a cross-functional capacity.

Also, since recent research suggests that the adult attention span now averages 8.25 seconds, I’ll present this exploration as a four-part series. My hope is that this structure will not only respect your time but also encourage deeper thought and engagement with each concept.

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