spot_imgspot_img
Tuesday, May 28, 2024

NIGERIA’S BUHARI DEFENDS ELECTION OUTCOME, ECONOMIC RECORD

Date:

ABUJA, (REUTERS) – Nigeria’s President Muhammadu Buhari on Sunday defended his record on the economy and the outcome of a disputed presidential election, saying he was leaving a legacy of credible and fair votes, a day before he hands over power to his successor.

Buhari first came to office in 2015 after promising to reboot the economy and end corruption and insecurity, but many Nigerians say these issues have worsened under his watch.

Incoming President Bola Tinubu’s victory is being challenged by his two closest opposition rivals, and on Tuesday a tribunal will begin to hear the main arguments in the election petition.

Buhari, an ascetic 80-year-old retired general, said the February vote had helped entrench democracy in Africa’s most populous nation and that Tinubu, who ran on his ruling party’s ticket, was the best candidate to emerge from the election.

“I am leaving behind an electoral process which guarantees that votes count, results are credible, elections are fair and transparent and the influence of money in politics reduced to the barest minimum,” Buhari said in a farewell national broadcast.

Tinubu is inheriting anaemic economic growth, record debt and shrinking oil output. Double-digit inflation, which has eroded savings and wages, is one of the biggest issues that will confront him when he is sworn into office.

But Buhari said his government had made some difficult choices to reset the economy, some of which “led to temporary pain and suffering for which I sincerely apologised to my fellow countrymen, but the measures were taken for the overall good of the country.”

Life is tough for Nigerians, and a tangle of protectionist economic policies and foreign currency interventions have caused dollar shortages and spooked investors.

Writing by MacDonald Dzirutwe; Editing by Hugh Lawson
smartnews
Smart News Liberia is an online news outlet and a product of Smart Media Group Inc. Our website, smartnewsliberia.com, covers a broad spectrum of news content. For inquiries or information, you can reach us at 0777425285 or 0886946925, or email us at smartnewsliberia@gmail.com or info@smartnewsliberia.com.

LATEST DEVELOPMENT

ALLEGATIONS OF CORRUPTION SURFACE IN BOAKAI GOVERNMENT’S INFRASTRUCTURE EQUIPMENT DEAL

MONROVIA – A staunch supporter of President Joseph Nyuma...

INVESTIGATION REVEALS POSSIBLE FRAUD IN US$25 MILLION FOREX INFUSION BY PREVIOUS CDC GOVERNMENT

MONROVIA, LIBERIA – A recent investigation has uncovered significant...

HASSAN BILITY RESPONDS TO ACCUSATIONS OF MANIPULATING WITNESSES IN WAR CRIMES CASES

MONROVIA, LIBERIA – Hassan Bility, Executive Director of the...

EXECUTIVE MANSION’S SILENCE ON DEAL WITH BUSINESSMAN ROBERT GUMEDE UNDER FIRE

MONROVIA — In a controversial move that has left...

PRESS SECRETARY KULA FOFANA’S UNPROFESSIONAL CONDUCT DEMANDS IMMEDIATE ACTION

The recent turmoil between the reporters assigned to the...

ENSURING ACCOUNTABILITY AND IMPACT IN PRESIDENT BOAKAI’S FIRST CABINET RETREAT

Today marks the commencement of the Unity Party administration's...

URGENT ACTION NEEDED: ADDRESSING THE SEWAGE CRISIS IN CENTRAL MONROVIA

The ongoing issue of sewage leaking into the streets...

PRES. BOAKAI’S LEADERSHIP UNDER SCRUTINY AMID CENTRAL BANK OF LIBERIA CORRUPTION SCANDAL

The recent revelations of large-scale looting at the Central...

COMMENTARY

THERE SHOULD BE NO BIG DEAL WHEN A GOVERNMENT DOES WHAT IT WAS ELECTED FOR…

A Patriot's Diary  With Ekena Nyankun Juahgbe-Droh Wesley  President Joseph Boakai's...

EVALUATING THE IMPACT OF THE UNITY PARTY GOVERNMENT’S 3-DAY RETREAT

As the Unity Party administration, under President Joseph Nyuma...

PRESIDENT BOAKAI ADDRESSES LOOMING RICE PRICE HIKE WITH KEY STAKEHOLDERS

In response to growing concerns regarding the potential surge...

 NATIONAL UNIFICATION DAY: REFLECTING ON LIBERIA’S JOURNEY TOWARDS UNITY

National Unification Day in Liberia, celebrated on May 14th,...

LATEST NEWS

REP ALEX GRANT & FOREST CHIEF OFFICER CLASH OVER FOREST MATTER

By Jacob S. Tweh, Jr The tussles over forest issues...

LIBERIA: CLLR. GONGLOE VOWS TO TAKE LEGAL ACTION AGAINST BENONI UREY FOR “STEALING” MARITIME MONEY

By Nathaniel McClain MONROVIA – Renowned Liberian lawyer and human...

LIBERIA: AMARA KONNEH BASHES FINANCE MINISTER SAMUEL TWEAH

MONROVIA – In a scathing Facebook post, addressed to...

Share post:

EXCLUSIVE INTERVIEW

OPINION

LACK OF TRANSPARENCY IN UP-LED GOVERNMENT’S DEAL RAISES SERIOUS CONCERNS

In a shocking and controversial move, the Unity Party...

THE PERILS OF PRAISE SINGING: HOW JOURNALISTIC INTEGRITY IS ESSENTIAL FOR ACCOUNTABILITY IN LIBERIA

Journalists play a crucial role in holding public officials...

AN OPINION: COMMENDING THE EMBASSY OF SWEDEN, SIDA, AND CENTAL FOR CHAMPIONING ANTI-CORRUPTION EFFORTS IN LIBERIA

An Opinion By Socrates Smythe Saywon The recent one-day Anti-corruption...

AN OPINION: ADDRESSING BRIDGE INTERNATIONAL ACADEMIES’ DEVASTATING IMPACT ON EDUCATION

An Opinion By Socrates Smythe Saywon The presence and operations...

THE GALLERY

spot_imgspot_img

MORE ARTICLES

spot_imgspot_img

MORE NEWS

LATEST DEVELOPMENT NEWS

LATEST CRIME NEWS

Share via
Copy link