Opinion by topefasua: officialABAT’s renewed hope — A revolutionary synergy of the public and private sector via thecableng
A legion of former doubters including those who had based their opinions on skits put together by usually unserious minds who seek whatever they could twist in every speech has now seen that they have been misguided. The momentum will ramp up even as we move closer to election day, delivering what may turn out to be the cleanest landslide victory since Nigeria’s return to democracy in 1999.
The meat – and there are several actually – of Tinubu’s discussion at the NESG parley could be itemised as follows: Unlike any other contender for the presidency in 2023, Bola Tinubu committed to double-digit growth of the economy, in defiance of some of the tepid projections of multilateral agencies. This means that he is ready to drive new thinking and show that we can begin to define our destiny as a people. As we are coming from a position of negative real growth, but we have potential, this is a very laudable ambition because we have so much to do.
As with many of his writings and speeches, Tinubu excoriated the almost total reliance on foreign borrowing – which comes with a debilitating exchange risk. He challenged his listeners to think more broadly. He does not believe in the dollarization of the Nigerian economy but in the leveraging of our sovereign currency to solve more of our problems. This is a very bold proposition, worthy of further analysis.
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