THERE is no denying the fact that 2014 was a year few Americans will be in a hurry to forget. It was a year in which the infamous Islamic State in Iraq and Syria (ISIS) raised brutality to higher pedestals with the decapitation of innocent Americans and people of other nationalities in the name of religion and other banalities the group claims to represent.

Nothing better encapsulates the pathetic nature of the current re-branding of Muhammadu Buhari than his sudden appearance in a black western suit; something that has not happened before.

NOTHING better encapsulates the pathetic nature of the current re-branding of Muhammadu Buhari than his sudden appearance in a black western suit; something that has not happened before.  This window-dressing just won’t cut it.  Given his sectarian antecedents, Buhari will be hard-pressed to convince anyone that he is western in any way, shape or form.  Indeed, in this era of rampant Islamic fundamentalism and insurgency, a Buhari presidency would close the doors of many Western interests to Nigeria in our hour of need.    
 

In last week’s article we discussed why inclusive economic growth is made unattainable in Nigeria by the process, which the Central Bank adopts for reducing money supply in order to restrain inflation.

“Looking from the fact that the funds from the Federation Account are not judiciously utilized by the states and they are not accountable to the people and the state legislature, our concern is that even if they get money from bonds and it is not invested, the state will be left with a huge debt burden , which will hurt in the long term.” Dr Usman Muttaka, Head of Department of Economics, Ahmadu Bello University, Zaria.