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Showing posts from May, 2023

Curious rites of exit

Curtains will fall on the administration of President Muhammadu Buhari and some 20 state governors in about a  week from now, and all manners of exit rites have been on parade. Some of the rites can be rationalised and fall within the mould of government being a continuum. But others are downright grotesque or curious, to say the least. It’s like the local wisecrack that on the day an elephant dies, you get to see all shades of blades brandished to carve up the huge carcass. At the central level, there’s the proposed $800million loan from the World Bank that the Buhari presidency recently sought leave of the National Assembly to apply for. According to the presidency, the loan is meant for social investment programme aimed at succouring  the poorest of the poor when petroleum subsidy gets removed. But the subsidy will be in place until after the Buhari administration leaves office, and you would wonder why it should fall on the administration to determine how to disburse intended remed