Very jittery about the coalition, and it should rightly feel so.
If coordinated properly, they have the capacity and numbers to upstage APC, from national politics.
If they manage to do it, it will be well-deserved.
The neo-liberal economic policies embarked on by BAT has shrunk the economy brutally.
The country has shrunk far more economically after removing fuel subsidy, particularly when electricity is still non-existent, raising production costs infinitely and lowering spending, making it a double-whammy for millions.
Electricity costs have been double even when its generation, distribution and transmission hasn’t improved significantly blunting claims of Nigerians needing to pay humongous amounts if they want electricity, even if several examples exist of Countries in the Global South with far more reasonable electricity charges with even more access to electricity.
Let’s now add devaluation, that skyrocketed costs of goods in an import-dependent economy and ran more millions into penury.
War-level inflation, rising costs of living, food prices off the ceiling.
And what they have been told is that, that is the only way to rejig the economy.
The supposed billions stolen by subsidy thieves hasn’t been retrieved, and perpetrators jailed.
Customs officials that permit fuel smuggling that justified subsidy removal weren’t arrested and jailed.
Yet, the people who weren’t responsible for these lapses were told to stomach these lapses and adjust to “SAP” tightening adjustments.
Minimum wage of 70k has still not been paid, what was done was a cynical 40k wage award across levels. This after fuel went from 185 to over 900 naira in some places, and skyrocketing prices of goods quarter-by-quarter.
In 2000, When Olusegun Obasanjo raised minimum wage from 250naira to 5500 naira, and Federal civil servants pay raised from 3500 to 7500, it triggered the phrase “GBEMU AREMU” (Aremu’s Largesse) that raised national income and subsequent spending across several sectors.
Teachers would buy Opel cars prompting applause when it was announced on assembly grounds, and several civil servants started building houses leading to a construction boom.
Federal contractors are being owed despite government claims of record revenues, and gaslighting statements of more allocations being accrued to Governors.
Let us now go back to pet peeves about allocation of projects.
Gilbert Chagoury’s HITECH got awarded the “Lagos-Calabar coastal road”
The same Chagoury’s HITECH got the Sokoto-Badagry road.
The same HITECH was awarded Benin-Akure-Ilesha road.
Abuja-Kaduna-Kano road was taken from Julius Berger and handed to HITECH.
Chagoury’s ITB also got $700m port revamp contract.
BAT says Alex Zingman who got the $250m contract to bring in tractors from Belarus is his friend.
When major contracts are given to closet accolytes in a family&friends scheme, how will the economy grow, when fairness is out of the window.
Multi-billion dollar contracts are being handed out attimes with no bidding to preferred contractors whom the President openly calls “His Partner” (Chagoury).
This is the samee Chagoury who returned $66million to Switzerland to get his conviction expunged.
He paid $300million to Nigeria’s government to protect him from prosecution for his role in helping General Sani Abacha loot the country by transferring National funds abroad.
Abacha’s special friend tha helped launder money abroad is BAT’s advisor and confidante whose companies get no-bidding contracts and people are to keep quiet.
Yet, APC stalwarts will attempt to gaslight people by saying “Relax, economy is getting better, BAT knows what he is doing”, even when diaspora Nigerians who come into the country exchange their Pounds and USD into Naira, and still cannot cope with the skyrocketing prices.
People are being told to sacrifice, while they see the Presidency buy yatch, new vehicles and Presidential Jet.
If it’s the ADC that will come and trigger the APC, we are all in for it.
Even if several of the characters in ADC have been in government for years. Distributed stealing is much better for the economy than singular appropriation.
Perhaps, when Nigerians change governments over and over, politicians will sit tight and apportion some efforts towards working for masses and treat people with some level of respect.
And the coalition should watch out for Aregbesola, the main reason that has given the coalition impetus. He is not a man who gives half-measures. And he is coming for revenge.
There is no fight as interesting to watch as tight buddies turn into implacable foes.
Knowing him, Aregbesola would likely have control of Lagos ADC, where he would bring in many elements of APC currently disaffected and angry into the party.
Being more conservative than even Tinubu, he would avoid trap of filling positions with non-Yorubas.
What would ensue in Lagos, with an Aregbesola-controlled ADC will be a fight for the ages, people who knew “Senator Bola Ahmed Tinubu” before he became “Asiwaju” or “Jagaban” would be brought into the fray.
Imagine for example, Muiz Banire, as Governorship candidate. Prominent families, in Lagos will be split down the middle, as Aregbesola comes for the jugular.
And woe betide APC, if the North refuses to vote for them and APC loses the Presidential election.
It makes the task of dismantling even Lagos from Tinubu’s hold after 28 years easier.
Tinubu’s current yes-men gaslighting people about economy should continue telling people all is well, even when economy squeezes people out.
In 2 years, they might lose everything. Both Federal and beloved Lagos.