Monday, 29 May 2023 04:25

Tinubu gets ‘his turn’ as president, taking over from Buhari who failed on many fronts - Reuters

Rate this item
(0 votes)

Bola Tinubu will be sworn in as Nigeria's president on today under the cloud of a disputed election and pressure to quickly improve economic and security conditions, which many complain worsened under his predecessor Muhammadu Buhari.

Two of Tinubu's main opponents in the February election are challenging his victory on the basis of fraud claims, and a tribunal will on Tuesday start hearing their main arguments. A ruling is not expected before September.

Buhari, a taciturn former military ruler, leaves Africa's biggest economy and most populous nation deeply divided.

The election had galvanised young voters hoping for a break from the two parties that have dominated Nigerian politics since military rule ended in 1999. But what authorities promised would be the country's freest and fairest election yet ended in frustration for many.

Tinubu, a member of Buhari's All Progressives Congress who has long exerted influence from behind the scenes, won with 37% of the vote, the lowest share since 1999.

BUHARI'S RECORD

He inherits a struggling economy with record debt, shortages of foreign exchange and fuel, a weak naira currency, near two-decades-high inflation, skeletal power supplies and falling oil production due to crude theft and underinvestment. A raft of protectionist economic policies and foreign currency interventions have also spooked investors.

Buhari defends his record, saying new infrastructure such as roads, bridges and airports, and the protectionist policies have laid the foundations for future growth.

He has also touted successes in a 13-year fight against Islamist insurgents in the northeast, where his government ramped up military spending.

But insecurity has spread, leaving many Nigerians feeling more unsafe. Killings and kidnappings for ransom are rampant in the northwest. Separatist and gang violence plague the southeast, and clashes between farmers and herders persist in hinterland states known as Nigeria's Middle Belt.

A former Lagos state governor, Tinubu has promised to be a better steward of the economy.

Opponents are sceptical: They see him as part of an old guard that held back Nigeria and an entitled political "godfather" who said last year that it was his turn to lead after backing Buhari for the top job in 2015.

 

Reuters

December 20, 2024

Naira expected to weaken further, says CBN business survey

Nigerian businesses anticipate further depreciation of the naira through early 2025, despite maintaining overall optimism…
December 20, 2024

Atiku questions alleged hack of NBS website, says timing suspicious

Former Vice President Atiku Abubakar has raised concerns over the recent claim that the website…
December 22, 2024

How to know if your memory lapses are serious or not

The older I get, the more panicked I become when something slips my mind. Is…
December 21, 2024

‘Professional Back-Scratchers’ charge up to $130 per hour

The Scratcher Girls is an unconventional relaxation therapy studio that charges clients up to $130…
December 21, 2024

NAFDAC busts illegal rice repackaging operations in Nasarawa, Abuja

The National Agency for Food and Drug Administration and Control (NAFDAC) has cracked down on…
December 22, 2024

Here’s the latest as Israel-Hamas war enters Day 443

Israel and Hamas appear close to a ceasefire deal. These are the sticking points Israel…
December 20, 2024

OpenAI launches voice and text access to ChatGPT through new phone service

OpenAI has introduced a novel way to interact with its popular ChatGPT artificial intelligence system…
December 17, 2024

Ademola Lookman named 2024 CAF Men’s Player of the year. These players won in other…

Ademola Lookman, the Super Eagles winger, was crowned the 2024 CAF Men’s Player of the…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2024 NewsScroll. All rights reserved.