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Friday, May 24, 2024

Buhari Has Failed – American Economist Steve Hanke On Nigeria’s Economy, Insecurity And Governance

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While the Nigerian youths are clamouring for a good governance and the government is looking into regulating social media, American economist Professor Steve Hanke has declared President Buhari a failure.
Steve Hanke in a tweet revealed how he has been monitoring and measuring the inflation rate in Nigeria everyday, only to discover that it soars at 30.37 per cent poer year.Nigerian Youths Are Heartbroken! See Reactions To Buhari's Speech
He further shamed the Buhari-led administration on its inability to conquer the Boko Haram terrorist who have laid siege in the Northern part of the nation and to protect its citizens from Police brutality, adding employment as another agenda that has not been taken care of.
Read also: Nigeria’s Economy Is Too Fragile For Fresh Lockdown – President Buhari
@MBuhari has failed. #Nigeria is in the grip of chaos. Bandits control major highways. The government can’t protect its own citizens from #BokoHaram or the #Corrupt police. #Unemployment stands at 27.1%, and #Inflation – which I accurately measure every day – soars at 30.37%/yr“, he tweeted.
Steve Hanke’s chart on Nigeria’s inflation rate
Photos Credit: Twitter
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