There are so many problems in Nigeria that need fixing because of its ever-increasing population as well as the brain drain. Bola Tinubu needs to make these problems his priority if he wants to become successful.
On Saturday, 25 last February, many Nigerians went en-masse to the polling units to vote for different candidates for several positions of national leadership including the position of a new president.
The APC (All Progressive Congress) candidate Bola Ahmed Tinubu came out as the winner of the ferociously contested presidential elections after gaining the largest vote as well as the required percentage all over the States.
The president-elect is likely to embrace the problems of the country which are numerous after he is sworn in by May.
Reasons to Address Nigeria’s Issues
It is crucial for the president-elect to urgently address the country’s problems as Nigeria’s population is increasing daily. According to projections, Nigeria is likely to become the highest populated country worldwide by 2050.
Moreover, Nigeria is experiencing a brain drain because of its citizens migrating out of the country in search of greener pastures.
Since according to the constitution, the president can rule for 4 years or 8 years maximum if he is re-elected, Tinubu should focus on these problems immediately after he assumes office by May 29.
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Solve the Nation’s Security Problems
The security issues in Nigeria are multifaceted. Besides, the problems are presently threatening the country’s security framework.
Nigeria’s 6 geopolitical zones are presently facing forms of insecurity from communal clashes, farmer-herdsmen clashes, assassinations, separatists agitations, kidnapping, and banditry, joined with the long-drawn battle with Boko Haram terrorists.
High Inflation In Nigeria
In Nigeria, the average individual doesn’t have the purchasing power to purchase food items. This is a great problem and it can lead to violence and vices.
As of January this year, reports show that food inflation in Nigeria is up to 24.23% and foodstuff prices are increasing as high as 54%.
Offer Basic Amenities
The president should make sure that he makes provisions for basic amenities such as electricity, a good healthcare system, and good roads.
Eliminate Fuel Subsidies
The constant payment of subsidies on petroleum products has caused a big issue for the nation’s economy. When the president-elect assumes office, he shouldn’t forget his promises of removing petroleum subsidies.
Increasing the Nation’s Revenue
It is vital to increase Nigeria’s revenue to lower the country’s budget deficits and also lower the national debt that is going towards N77 trillion.
Halt Frivolous Spending
At present, Nigeria is making use of funds on moribund facilities or infrastructures which is continuously not bringing any revenue to the country.
Investing In Environmental Protection
The NBS reports show that presently, Nigeria has an unemployment level of 33.3%, an underemployment rate of 22.8%, and a youth employment rate of 42.5%. The country needs a healthy investment environment that can attract foreign investors into the country.
If there is a stable and good interest rate, businesses in the country will thrive. So the president should try to provide good monetary policies as well as one interest rate. This will help to alleviate the multifaceted problems faced by Nigeria.
