The Nigerian State remains a political entity with a chequered history of unfolding political activities accentuated by numerous agitations. Some of these agitations arise from socio-economic prism that continued to shape the destiny of the nation. These are often laced with enormous intrigues that seek to redefine its common destiny. An in-depth examination of the Nigerian economy under President Goodluck Jonathan (GEJ) and the roles played by those who championed protests during his administration reveals a complex interplay of economic policies, social unrest, and political dynamics. Under GEJ’s administration, Nigeria experienced unprecedented economic growth, that placed Nigeria on a trajectory as one of the fastest-growing economies in the world. In 2014, Nigeria became Africa’s largest economy, after a rebasing exercise that significantly adjusted the GDP.
GEJ government introduced the Agricultural Transformation Agenda (ATA) aimed at reducing Nigeria’s dependence on oil by diversifying the economy. The agenda focused on increasing agricultural productivity, reducing post-harvest losses, and encouraging investment in agriculture. There were significant investments in infrastructure, including the power sector. The privatization of the Power Holding Company of Nigeria (PHCN) aimed to improve electricity supply, although the results were mixed. The administration also implemented various fiscal policies to stabilize the economy, including the introduction of the Sovereign Wealth Fund (SWF) to manage excess oil revenues. However, public expenditure remained high, leading to concerns about fiscal sustainability. Jonathan’s tenure was marred by high-profile corruption scandals, including the alleged mismanagement of significant oil revenue by the Nigerian National Petroleum Corporation (NNPC). This significantly impacted investor confidence and public perception of the administration.
In January 2012, the Jonathan administration announced the removal of fuel subsidies, which led to a doubling of fuel prices overnight. This decision sparked widespread protests across the country, known as the “Occupy Nigeria” movement. Groups such as the Save Nigeria Group (SNG) and Enough is Enough Nigeria (EiE) played pivotal roles in organizing and mobilizing protesters. These organizations demanded transparency, accountability, and the reversal of the subsidy removal. The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) were at the forefront of the protests, calling for strikes and nationwide demonstrations. Their leadership was crucial in galvanizing public sentiment against the government’s policy. Prominent opposition leaders, including members of the then-newly formed All Progressives Congress (APC), used the protests as a platform to criticize Jonathan’s administration. Interestingly prominent figures such as Muhammadu Buhari and Bola Tinubu were vocal in their opposition, leveraging the unrest to gain political capital. They effectively leveraged on social media and traditional media in spreading the message and coordinating protests. Platforms like Twitter and Facebook became crucial tools for activists to share information and rally support to ouster GEJ government.
Today, Nigeria is grappling with one of its most severe economic crises in decades. The inflation rate has soared, significantly eroding the purchasing power of ordinary Nigerians and driving up the cost of living. Basic necessities such as food and fuel have become increasingly expensive, with many families struggling to afford even their daily needs. The naira has depreciated significantly, exacerbating the economic hardships faced by Nigerians. The situation clearly presents an elitist economy without recourse to the plight of the common man who bears the brunt of such elitism.
In addition to these economic challenges, insecurity has worsened, with rising incidents of kidnapping, banditry, and insurgency, making daily life increasingly precarious for many Nigerians. Despite these dire economic indicators, there appears to be a lack of comprehensive and effective policy responses from the government. The once-vocal critics of past administrations seem unusually silent or complacent, contributing to a pervasive sense of disillusionment and frustration among the populace. This grave silence amidst worsening economic realities underscores the urgent need for transparent and accountable governance to address Nigeria’s economic woes. The same individuals who vociferously protested under GEJ’s administration now appear to look the other way, pretending nothing has gone wrong. This selective activism and political maneuvering highlight the challenges Nigeria faces in achieving genuine progress and stability. The plight of the common must remain the focal point if any meaningful progress must be achieved.
Where are the champions of protest for the common man on the street. The silence has taken a dimension that could likened to selective protests with underpinnings for self-aggrandisement. Our generation has a duty to correct these anomalies if we must secure the future for generations unborn.
Abu can be reached via danjumaabu3750@gmail.com or +2348062380296
