The Handover of a Poisoned Chalice

Proshare

Thursday, May 07, 2015 5:34 PM / FDC

 

The month of April witnessed a pilgrimage of influence peddlers and rent seekers to Daura, Kaduna and Abuja, ostensibly to congratulate General Buhari.

 

The other principal reason for these fair-weather visits is to jostle for ministerial slots or seek protection from the anti-corruption search light.

 

These events are happening simultaneously with a flurry of new appointments by the Jonathan team, meant to tie the hands of the General.

 

Interestingly, the controversy of insolvent state governments with months of salary arrears, unpaid contractor debts and imminent default of state bonds, is making the month of May more than controversial.

 

Finally, the ticking petrol subsidy bomb, and tanker drivers strike, are making the date of May 29 look like the handing over of a poison chalice.

 

All of these macro-economic booby traps are discussed by Bismarck Rewane and the FDC team at the LBS breakfast session.

 

Download the May 2015 LBS EXECUTIVE BREAKFAST SESSION

 


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