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#FranklySpeaking. QUIZ: Name The African President.




Name the African President –

Was over 70 years old when elected President. 

Voted in on a wave of populism and on his 4th attempt at running for Presidency. 

Ran against and ousted an incumbent. 

His opponent in the election was an erstwhile Vice President who became President after the former President took ill and died in office.

There was general disillusionment with the incumbent’s performance and allegations of corruption (especially in the oil and gas sector and pertaining to crude oil sales) was rife.

His supporters argued that though he lacks a formal education that he has the required prior experience from holding political office at various levels.

Known as a disciplinarian, and action man, for ‘speaking his mind’ and his ‘anti-corruption’ stance.

He vowed to lead by example, root out corruption, and also to cater to the poor, putting money in people’s pockets.

His co travelers and alleged major campaign sponsors had corruption overhangs, a number had ongoing corruption cases at the nations courts.

He pledged to strengthen the local currency against the US$ and probe the sale/privatization of some state companies.

A couple of months into his tenor his axe came down on a number of multinationals that included a major Telecom provider (owned by a leading African country), the biggest bank in the country etc. He also deported a number of CEOs of major multinationals. Some people where worried while most cheered him on.

His early days in office where characterized by unguarded and often outlandish statements and claims. His speeches more often than not went off script which led to his official spokespeople scampering to rationalize his statements.

Almost two years into his tenor in office there was no clear economic policy direction (people were asked to be patient and regaled with tales of how corrupt the previous administration was) rather, the investing public where at the receiving end of a barrage of wild statements.

This was followed by deterioration in press freedom, a clampdown on perceived opponents.

Then came a flurry of FX Demand Management Monetary Policies, increased taxes, threats of sanctions, against multinationals, media persecution and prosecution of perceived political enemies under the guise of an anti-corruption war with near to zero conviction rate.

He introduced the Treasury Single Account (TSA), a unified structure of bank accounts which gives a consolidated position of Government’s cash resources. The TSA System’s aim was to improve the Government’s ability to efficiently and effectively manage public financial resources by refining current payments processes, and eliminating redundant procedures between itself and its clients.

There was increased public debt, borrowing to fund recurrent expenditure.

Despite the allegations of corruption leveled at the erstwhile President and former ruling party during the campaigns, and despite series of probes, investigations and court appearances, not a single major conviction was secured

Observers cautioned that an uncertain environment raises anxiety among investors…that uncertainty is not good for any business. But the party cadres smelt blood in the water…based on emotive patriotic zeal people insisted that foreign companies must ‘learn to do business in our country or leave’. A lot of people actually applauded…a constant an reinvigorating Amen Corner.

Today analysts say that the country’s problems have “been exacerbated by a lack of fiscal restraint and policy volatility that has undermined investor confidence”.

He became sick in office and there  were so many rumors about his health as he reportedly missed a lot of  functions and was hardly seen in public . 

Rumors spread more suggesting he was no longer running the country . 

He finally went for a medical vacation in London 

He died on the 28th of October in a London hospital 

Who is this President?

.

Comments

  1. Nicely captured Frankly Speaking.

    Interesting how this synopsis effectively captures Buhari's Presidency. And importantly, reveals how deficient is the leadership and leadership selection process in Nigeria - If Buhari was supposed to be the opposite of Jonathan, but we still see undesired commonalities in both presidency, I reckon Nigeria's issues are way more deeper/fundamental than we think it it is.

    Btw, the answer is President Michael Sata of Zambia. For a moment I was convinced it was President Buhari....lol. Chrisyinks

    ReplyDelete
  2. I would have said PMB if I hadn't read till the end, Fits his description 99.99%...or there's something I didn't get???...I'm curious to know what the answer would be!

    ReplyDelete
  3. Yassss. Long time no see. I guess this means that frankly speaking and thelma are back together. I knew you too were dating lol. Am happy for u Tee

    ReplyDelete
    Replies
    1. I'm here for this amebo, you don't say!!!

      Quiz answer:..........

      Delete
  4. I was scared until i realized its not buhari. Nice one, brilliant write up as usual Frankly Speaking. Welcome back. You were missed.

    ReplyDelete
  5. Very PMB-ish.... until the end.

    Clare

    ReplyDelete
  6. This Micheal Soto must be PMB's spiritual twin...Could it be that Nigeria is going to fly the flag low on the 28th of October?!

    ReplyDelete
  7. This issa Red line crossing riddle...lol

    ReplyDelete
  8. I could have sworn this was Buhari o, thanks to Olly. Is it bad of me to wish Buhari also died? I'm just tired of the man.. meanwhile I hear Nnamdi Kanu said the "Buhari" that came back from London a few weeks ago is a body double from Sudan or so😂😂😁 that guy is cray!

    At your addendum Thelma, *side eye*

    ReplyDelete

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