a question with an obvious answer is at worse rhetorical and a

  

Posing a question with an obvious answer is at worse rhetorical and at best academic. Nigeria is broke. And the information is official. President Muhammadu Buhari has admitted that Nigeria is indeed broke, citing the fiscal crisis of payment of salaries as an evidence. The President spoke at a press conference after the recently concluded India-Africa Summit. My reflection on a question with an implicit answer would not have timesofamerica.info been necessary if the President had not sounded seemingly helpless as to where Nigeria’s money is. First, he would not reveal to us “offhand how much we have recovered” from stolen funds. Secondly, to the pointed question that his administration government is “too slow” in addressing infrastructure, the President not in denial asked in return; “Where is the money?”

Haba! Where is the money? The President was elected to look for money, (actual or potential) not to ask where the timevinger.org money is? If the President does not know where the money is (just as much as he knows where our votes are), pray who else will know? The latest presidential revelation that the country is broke has inadvertently thrown some searc tincona.com h light on what Buharinomics is all about. Without explicitly saying so, this administration defines economy as the recovery of stolen public wealth and management of oil revenue, period, failing which life stops.

This administration seems to favour what the late Paul Baran, the great American political economist, defines as “Actual economic surplus” which with falling oil revenue is no more in surplus in Nigeria. With rampant corruption and declining oil revenue, President Buhari might be right feigning helplessness in meeting up to the challenges of 

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