The 20-month era of strong leadership espoused what later became - TopicsExpress



          

The 20-month era of strong leadership espoused what later became known as ‘Buharinomics’, which simply put is an admixture of frugality, probity, respect for contractual agreements, expunction of all covert or overt attempts at subjugating the Nigerian economy to world powers and above all, economic policy with Nigeria as the center-piece. It is therefore, without any whiff of equivocation to state that the boldest attempt in the last thirty years at alleviating the pains of the teeming masses was during the enactment of Buharinomics. It was not surprising that the inflation rate was lowered by more than 18 points, from 23.2% in 1983 to 5.5% in 1985! The Buhari regime rebuffed all entreaties by IMF and World Bank to devalue the naira, remove subsidies on services and increase pump price on fuel.... Read full article on Buhari here---->t.co/WDxVsPX7Sf
Posted on: Fri, 25 Oct 2013 16:14:41 +0000

Trending Topics



Recently Viewed Topics




© 2015