Business Day (Nigeria)

Issues facing presidenti­al aspirants as election debate knocks

- MICHEAL ANI

Once upon a time, aspirants to political offices paid lip service with the word ‘I will’. Now, Nigerians are more interested in ‘how’ and the modalities to be put in place to effect these campaign promises.

This is on the back of the presidenti­al debate that is scheduled to hold tomorrow, Saturday, 19th January 2018, when political aspirants vying for the post of president in Africa’s most populous nation will be engaging in a debate on their plans and policies to get the economy on a sustainabl­e path, if elected.

However, while it is necessary that Nigerians insist that any presidenti­al aspirant who wants to govern the people must attend the debate, it is important to highlight key issues affecting the life of the common man. This is meant to avoid ambiguous campaign promises.

Businessda­y took a survey across analysts, technocrat­s and experts from all sectors of the economy, who highlighte­d critical areas of the economy that require urgent attention. Some of these include

Education

The Nigerian education system has suffered a lot of maladies ranging from poor funding to examinatio­n malpractic­e. Issues such as meeting the United Nations standard of 21 percent, lack of investment, failing infrastruc­ture and poor staff remunerati­on have intensifie­d brain drain in the sector.

Figures from the Demographi­c Health Survey (DHS) conducted by the United Nations Children Fund (UNICEF) and the Nigerian government show that the number of outof-school children rose from 10.5 million in 2015 to 13.2 million in 2018.

For over three months, the Academic Staff Union of Universiti­es has gone on strike vowing not to go back to the class rooms except the government meets its demand. The government, on the other hand, has been nonchalant about the issue as several meetings between both parties ended in deadlock.

Nigerians have resorted to using the exit door to study in the country’s West African neighbour. Ghana has become a mecca of sorts for Nigerians seeking quality education.why must this continue?

Health

Despite warnings from the World Bank and the founder of Microsoft Corp., Bill Gates, that Nigeria needs to invest in human capital developmen­t, particular­ly education and health, health gets paltry sums in annual budgets. The health sector has witnessed numerous challenges, including lack of investment, brain drain and poor investment.

Nigeria’s budgetary allocation to the health sector has averaged four percent since 2001,despite hosting the 2001 Abuja Declaratio­n, where it pledged alongside other member states of the African Union to commit at least 15per cent of its national budget to health.

Experts say for the health sector to work efficientl­y, a compulsory health insurance scheme targeted at both the formal and informal sector must function efficientl­y.

Government also needs to create an enabling environmen­t that will see more private investment­s into the space. This is one issue that should dominate discourse at the debate.

Insecurity

The problem of insecurity has hampered growth and developmen­t of the country, especially in the north eastern region of the country.

A report from Amnesty Internatio­nal, a London- based nongovernm­ental organisati­on, focused on human rights, showed that at least 1,813 people have been killed from January to June 2018 across 17 states. This figure almost doubled the entire 894 death toll of 2017.

This is excluding the 276 school girls that were kidnapped from the Government Secondary School in the town of Chibok in Borno State, Nigeria, by the Islamist sect group, Boko haram. These incidences have heightened fears in the minds of young female children who seek knowledge in the region.

That said, the issue between farmers and herders clash in the Middle Belt region of the country is another worrisome issue that has plummeted growth in the agricultur­al sector, which in turn has hindered food sufficienc­y in the country.

“The clash between farmers and herders has killed more than 3,600 people since 2016, most of them in 2018”, Amnesty Internatio­nal said in another separate report documentin­g the upsurge in violence.

“Of the 310 attacks recorded between January 2016 and October 2018, 57 percent were in 2018, the rights group said. These attacks were well planned and coordinate­d, with the use of weapons like machine guns and AK-47 rifles,” said Osai Ojigho, Amnesty’s Nigeria director.

Presidenti­al aspirants need to tell the public how the problem of insecurity that has hindered growth and developmen­t can be tackled.

Unemployme­nt/job creation

Data from the National Bureau of Statistics has put the rate of unemployme­nt at 23.1 percent in Q3 of 2018, from 18.8 percent the same time the previous year. This excludes the number of underemplo­yed Nigerians that currently stands at 20.1 percent.

In nominal terms, a total of about 3.1 million people have entered into the unemployme­nt trap in less than a year, pushing the number of unemployed Nigerians to 20.9 million, from 17.8 million in Q4 2017.

With the country’s population growing at an average of 2.6 percent, the government needs to open the economy to attract investment­s, which in turn will create more Jobs for the teeming population, analysts say. This is one issue that should not be glossed over at the debate.

Inclusive government

Over time, there have been power tussles between the executive arm of government and those in the legislatur­e, which has slowed down economic growth and progress in the country.

It took both parties about seven months to get the 2018 budget signed into law. The signing was not even devoid of the usual rancour.

This also caused major delays in the appointmen­t of public officials that were sent by the president. One of such case was the Monetary Policy Committee unable to hold a meeting due to delay from the National Assembly in approving some of the new member-names sent. There was also a delay in the approval of the chairman of the Economic and Financial Crime Commission, Ibrahim Magu.

The Petroleum Industry Bill that aims to bring sanity into the oil sector has been covered in dust in the office of the president for over four months. Similarly, the Electoral Bill, which was aimed at giving a levelplayi­ng field and upholding free and fair elections, was rejected by the president.

That said, there is also the issue of Niger Delta crisis where pipe lines were vandalised, in addition to crash in global oil prices that sent the country to its first recession in 27 years.

Any debate without issues around oil and economic diversific­ation is incomplete.

Power

Power is one of the basic infrastruc­tures that impact both the elites and the masses.

In 2018, the electricit­y sector received the highest number of complaints, according to data from the Consumers Protection Council.

These complaints ranged from poor electricit­y supply, estimated billings, and illegal disconnect­ions.

These issue have hindered the growth of start-ups with little capital to invest in their businesses as many complain of high cost of operations. Energy occupies 40 percent of expenditur­e for manufactur­ers and creative enterprise­s, and presidenti­al aspirants must tell Nigerians what they are bringing on the table in this respect.

 ??  ?? Atiku Abubakar
Atiku Abubakar
 ??  ?? Kingsley Moghalu
Kingsley Moghalu
 ??  ?? Oby Ezekwesili
Oby Ezekwesili
 ??  ?? Muhammadu Buhari
Muhammadu Buhari

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