WHAT TIME IS IT FOR NIGERIA?
So, even though evidence abound in our public finance data to support Ribadu’s assessment of the current state of the country’s finance, Nigeria’s reality is worse than mere financial bankruptcy. An empty treasury is the least of insolvencies that stymie Nigeria and Nigerians. The substantial and existential danger is that Nigeria as a country is totally bankrupt of values, void of soul and headed into a cataclysmic collapse of the kind that more money cannot change. What can more money do to reverse the callous acceptance of a brutish, short, and nasty existence into which majority Nigerians have now acculturated their minds?
What will more money do for a people who no longer expect their leaders to take responsibility for basic duties including accountability for failure to produce results? What can more money do for a country that kidnapping of citizens grew into an industry nationwide? The Nigeria we all lament today is a sad example of what failure to agree and uphold a national integrity and values system can do to any people. Nigerians chose to be lethargic to how our country is governed, so our public leaders willfully distorted incentives and sanctions in our society.
Yes, the public coffers are empty, but the time now is to tackle the cause and not one of the symptoms of our national bankruptcy as a country and people. Nigeria must first overcome the existential sustainability question as our top priority agenda at this time. Is it not staggeringly alarming that Nigeria’s contemporary peer-countries are contending to lead the 21st Century by shifting global economic dominance while we in contrast are steadily regressing farther away from being a country? Nigeria’s multiple existential threats to retaining the status of country are fiercer than ever before. We now barely tick the boxes for the full status of a country, properly so called.
A Nigeria that is fast losing most of the basic criteria that qualified us to be included in the United Nations list of recognized countries should alarm all patriots into action to save and avoid the tendentious pattern of our political class tunnelling our focus to addressing symptoms instead of their underlying causes.
Our evident state of affairs is that Nigeria now more than ever before ticks closest to the box of a failed state on the criteria of renowned Fund for Peace and Foreign Policy magazine. The index annually uses Economic, Political and
Social factors to evaluate fragility and resilience of countries. Nigeria has every year over the last ten years remained within the group of 15 countries out of 170 that rank closest to fragile-failed country status. For example, on the economic front, Nigeria is entangled with endemic issues of systemic and widespread grand as well as petty corruption, “high economic inequality, economic development along group line, low growth, severe economic decline and rising extreme poverty”.
In the context of the Fragility Index on the political front, Nigeria experiences “breakdown of capacity of government to function usually characterized by delegitimization of the state, deterioration of public services, suspension, or arbitrary application of law; widespread human rights abuses, security forces operating as a “state within a state” often with impunity, rise of factionalized elites, and rise of external political agents and foreign states”.
On the social metrics, the index evaluates Nigeria’s “depleting social capital, loss of social cohesion, a squandering and poor management of its diversity, demographic pressures and tribal, ethnic and/or religious conflicts, massive internal and external displacement of refugees, creating severe humanitarian emergencies, widespread vengeance-seeking group grievances and sustained human flight” and such like.
It will amount to a historical missed opportunity if Nigerians do not in 2024 collectively resist the syndrome of tunneling our focus to the lowest common denominator of our problems. The Federal Government in its current narrative about public financial distress is leading everyone down that path because even though it is true that Nigeria and Nigerians are faced with the severest fiscal distress ever experienced in recent history, our single-minded focus must be the battle for the Soul of Nigeria. No amount of money from higher oil prices, tax collections and more domestic and external debts can win this battle for us.
More money cannot save a country and people that have lost their soul. Even then, the fact is that from all evidence available in the public domain, additional money earned by Nigeria now merely and mostly feed the avarice and voracious greed of Nigeria’s politicians anyway as the budget process has often revealed. The question that should therefore seize the minds of citizens of Nigeria and move all in the direction of the right actions is found in the timeless words of scripture; “Behold, what does it profit a man, nay, a woman and people of a country, to gain the whole world but lose their soul?”
There is a raging battle for the Soul of Nigeria, a country which has turned into a massive killing field and mass graves overrunning with the blood of innocent children, youth, women, and men brutally murdered, battered or abducted without any consequence to the criminals.
Every Nigerian of goodwill - regardless of ethnicity, religion, economic status, and political persuasion - knows that the Nigeria we once knew is gone. The collective momentum must now swiftly gather to the tipping point for Nigerians to compel a legally mandated National Conversation that will fundamentally negotiate and determine the value we place on our lives and the values that will uphold, preserve, and dignify a New Nigeria and Nigerians. Throughout history, dead countries commenced their dying when human life ceased to have worth. This is the kind of time Nigeria find itself, but we can by a collective will confront the demons that have dwarfed the realization of our country’s giant potentials and change the course of our checkered history.
Could this be the ironic time a lethally flawed government of President Bola Tinubu which continues struggling with crisis of legitimacy, makes the urgent and historic choice to facilitate and enable a New Constitutional Process credibly co-led by citizens? Will the Tinubu administration surprise us and choose the good of Nigeria and Nigerians this Time? Will he take up the gauntlet at this Time and ask himself the question, “What Time is it for Nigeria?” Can Tinubu’s candid answer be that it is “The Time for me to do right by the Citizens of Nigeria?”.
There is indeed Time for everything, and Nigerians are anxiously waiting. It is Time.