Recession: Let Us Sell The Government!(1)

by Ikechukwu Muo
I have always complained that we are a headline, now-now, society. We read the news headline now-now,savour all the salacious details and move on to whatever it is, while awaiting the next headline. Four weeks or so ago, it was all about Jibrin, his intimidating revelations, the more intimidating punishment he got for embarrassing the house and his decision to go back to school.
buhari-thinking
Two weeks later, it was all about full recession, whether it was just a word or not and whether things were really bad or a mere figment in the imagination of some bad-bellelosers. In the past one week, it is all about the thief-in-the-night strategy adopted by the all-powerful and you-can’t-question-me DSS.
Whether it is against corruption, against judges or against the judiciary, the most important thing is that it is a WAR! And in any war, there are usually collateral damages and in any case, all is fair in war… This week, it is all about the act of household wickedness committed by the enchanting Aisha (Micah, 7:6; ones enemies are members of his household) and the other room declaration of PMB. I have no comments on that for now but the twin presidential explosions were so loud that it crowded-out the Chibok 21 headline..I started with this preamble so as to apologies upfront, for writing on recession, an issue that has already failed the headline test.
The report in the Daily Trust of 8/9/16 may not attract much attention in Government circles. It was about a man who went naked for a while so as win a N10000 prize. That man, a father, husband, brother, son, colleague and neighbor auctioned his prestige and dignity and pranced naked in streets of Abuja just for N10000! That was hardcore evidence, if any was needed, that we were/are in a serious economic quagmire! Of course, to that will be added increasing number of suicides, parents pledging their children as collateral for food stuff( or selling them outright for as little as 20000- according to Thomson Reuters’ Foundation report), bedroom discord between husband and wife, people stealing pots of soup et al on fire, etc.
but these are not new developments. By design or default, all socioeconomic indicators (inflation, poverty, unemployment, exchange rate, security, misery index) have been on a negative slope since 29/5/15. I don’t know whether it was because, according to GEJ, we chose ‘going backwards’ with our votes. Government’s reaction has been mixed and at times unserious. We have been promised several times that several billions in Naira and Dollars would be injected to reflate the economy (N350bn, 24/6/16; 100bn, 16/8/16; $1.1bn, 16/9/16); Femi Adesina declared that there was no suffering in Nigeria while BayoOnanuga declared that the so called suffering was a figment in the imagination of disgruntled, failed politicians because he ate a plate of food for N700 in a Bauchi hotel.

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