9.7 C
New York
Sunday, December 3, 2023

Nigeria's Tinubu sworn in as president amid social, political turmoil

Nigeria’s Bola Tinubu has been sworn in as president of Africa’s most populous country at a period of unprecedented challenges, leaving some citizens hopeful for a better life and others skeptical that his government would perform better than the one he succeeded.

The former governor of Lagos, Nigeria’s economic hub, Tinubu, 71, was sworn in as Nigeria’s president in Abuja, the capital city, in the presence of thousands of Nigerians and several heads of governments. He succeeds President Muhammadu Buhari to lead a country that by 2050 is forecast to become the third most populous nation in the world, tied with the United States after India and China.

He has promised to build on Buhari’s efforts to deliver democratic dividends to citizens in a country where deadly security crises, widespread poverty and hunger have left many frustrated and angry. And with his election still being contested in court by opposition parties and among many young Nigerians, Tinubu has also pledged to reunite the country.

NIGERIAN COURT ASKED TO DELAY NEW PRESIDENT’S INAUGURATION

Tinubu’s manifesto of “renewed hope” prioritizes the creation of sufficient jobs and ramping up of local production of goods, investing in agriculture and public infrastructure, providing economic opportunities for the poorest and most vulnerable as well as creating better national security architecture to tackle all forms of insecurity.

However, Tinubu’s ambitious plans could be threatened in his first 100 days in office by a mountain of challenges, from insecurity to a fiscal crisis, poverty and deepening public discontent with the state, said Mucahid Durmaz, Senior West Africa Analyst at risk intelligence company Verisk Maplecroft.

Some analysts also say the promises made by Tinubu and the hope they bring are reminiscent of when Buhari was first elected president in 2015 as a former military head of state. His priorities were to fight insecurity and build the economy, but he ended up failing to meet the expectations of many.

Though he has whittled down the power of Islamic extremists in the northeast and has built key infrastructure with the aid of foreign loans, many believe the quality of life and standard of living has reduced under Buhari. They cite widening insecurity in other parts of the country, growing poverty as well as an economy struggling with record unemployment, inflation at an 18-year high of 22.2%, and rising debt.

“When you combine the lack of opportunities in an environment that is disabling with a strong youth population that is frustrated, that is a ticking time bomb and that is the story of Nigeria over the past 50 years and Buhari has made it worse,” said development expert Kolade.

NIGERIAN PRESIDENT DEFENDS COUNTRY’S REDESIGNED CURRENCY AFTER SWAPPING NOTES LED TO BANK CLOSURES, PROTESTS

Tinubu must also act quickly and decisively to tackle Nigeria’s security crises with the country already in a critical situation, analysts said.

“There is already a very substantial loss of confidence in the government as a protector of citizens,” said Nnamdi Obasi, senior adviser for Nigeria at the International Crisis Group. “If the new government fails to act very decisively, we would have more people seeking their own self-help and protection.”

CLICK HERE TO GET THE FOX NEWS APP

Related Articles

Stay Connected

1,520FansLike
4,561FollowersFollow
0FollowersFollow

Latest Articles