Histories are more full of examples of the fidelity of dogs
than of friends.
Alexander Pope.
The 2016 budget proposals submitted by President Buhari is a
study is liberal optimism. In many ways, it is like all budget proposals: full
of hopes and projections, signifying a stab at a future that could be anything
from favourable to outrightly hostile. How you manage the difference depends a
lot on the degree to which you prepare to deal with shortfalls and absorb
shocks. Favorable contexts which bear out assumptions and projections are good,
but they also pose their own challenges, chief among which are the propensity
to indulge in luxuries and planning badly for the next year. The 2016 budget
has many novel and ambitious elements, which is as a first budget from an
administration that promises change in basic philosophy and institutional
framework for governance should have.
If President Buhari substantially implements a N6.08
trillion budget he would have achieved a rare feat of triggering expansion and
growth in a context which is decidedly hostile to it. True, it will have a
deficit of N2.22 trillion, a fact that will not escape notice of people
who will worry over the possibility that government is building its political
capital by depleting a future which is not it's to tinker with. This will not
bother more than the opposition and professional worriers if government does
radically improve non-oil revenues which it projects at N1.45 trillion.
Its plan to spend N1.8 trillion on capital projects, and N2.65 trillion
on recurrent expenditure should also come as relief to those who worried that
President Buhari may be tempted to buy into the reckless rhetoric which pushed
for deep cuts on recurrent expenditure in one fell swoop.
The devil in the budget is located in some of the key
assumptions. Oil benchmark of $38 per barrel with projected output of 2.2m
barrels per day will invite many to knock it down. While the benchmark is
unlikely to radically rise above the $38, it could conceivably go down to as
low as $30, but is most likely to hover around the $30 - $35 band. The
projected 2.2 barrels per day will be contingent on severe restrictions in oil
theft and an aggressive pursuit of markets. Significantly, the President is
sticking to fancy language to insist that subsidy on imported petroleum
will remain to preserve a price of N87 per litre. The commitment to sustain the
fiction of N87 per litre will pose a major problem for President Buhari.
His apology to Nigerians over long petrol queues will touch a nation long used
to excuses and indifference. But his apology will not register the same
sympathy in a few months’ time if the queues persist, and the pressures to
acknowledge that he has missed a great opportunity to do what is both necessary
and feasible begin to mount. The social welfare programmes promised in the
run-up to the elections appear to be ready to be rolled out next year. The
conditional cash handouts to the poor, school feeding programme, massive
employment of teachers from the scandalous pool of unemployed graduates
will require available funds and very careful management so that they do
not create crises of expectations and large pools of disappointment.
The 2016 budget proposals represent the first major step of
the APC/Buhari administration towards changing the direction of governance in
Nigeria. Until now, the nation had tolerated an administration that had set for
itself three basic targets: to roll back the Boko Haram insurgency’s grip on
our lives; to blow the whistle on corruption and outright pillage of our
resources; and conclude a long-delayed process of selecting a key management
component in Ministers. Now the difficult job of governing in a most
economically-challenging environment is about to commence. If he had made the
right preparations and right choices, President Buhari will soon find out.
Chances are that he is likely to find out that delivering on promises is almost
as difficult as winning elections he tried three times earlier to win. No
President had stood out as the sole issue in success or failure than Buhari,
because no President has been elected as much on his personal character and
integrity as Buhari. Similarly, no President needs as much help and support as
Buhari, because his character and integrity alone will not move the mountains
he needs to move.The Presidency is a source of tremendous power, and a very
lonesome place when things do not go well.
So who has got the President’s back, as he forges forwards
to lay the foundations of responsible and accountable government? Does he have
the solid support of major political 'stakeholders,' those illusive Nigerian
politicians who will be there when patronage is being distributed, and go
missing when pots dry up, or accolades become rare? The fight against
corruption will involve a lot more than retrieval of stolen funds, and
successful prosecution of corrupt people. It will involve reinforcing systems
and processes which prevent theft and subversion of public interest in the
conduct of government affairs. How many of the key stakeholders are willing to
submit to a transparent and honest procurement process and open government
where loyalty is not rewarded with stupendous sources of additional wealth? How
many will live with lean and hard times that will face Nigerians, and how many
will walk away and build spare structures in anticipation that public opinion
and mood will punish an administration which promised much and delivered
little? How deep is their loyalty to Buhari the President, as opposed to Buhari
the candidate? How much flak are they willing to take for a leader with a
registered difficulty in shifting positions?
How many of the President’s management team share his basic
philosophy and are willing to live a comparatively spartan existence in return
for a future that will remember them for changing the nature of the
relationship between public office and social standing? How quickly and
effectively will his ministers, advisers and principal officers fall in line
and shield him from avoidable heat and impatience of Nigerians? What role, if
any, will the Party play in governance? Will it be treated as a liability while
it rots in crises, or are there plans and the political will re-engineer it to
cheer-lead the government and keep the PDP and the fight back by corruption at a
fairly-ineffective level?
Where will APC governors stand when the going gets tough as
the President warns it will? Will they align philosophy, policies and
programmes to reinforce Buhari, or utilize the pronounced space President
Buhari plans to create between his government and theirs’ to pursue their own
paths, including preparing new personal political agenda? Will the shivering senators
waiting for the anti-corruption war to reach them close ranks to frustrate the
President, and use their considerable powers to protect friends and associates
from the Buhari onslaught? Is the judiciary a friend or foe? How much sympathy
does he have from the media?
Having someone’s back means being unconditionally loyal. Buhari
will soon find out if he has the support he needs to fight insecurity, poverty
and corruption, or he is basically alone. He says he will make some tough
decisions in 2016. One of them should be to look behind him and engineer the
type of loyalty he can count on in this battle to make a difference.
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