Latest News

Jim Iyke releases his new
News

Jim Iyke releases his new

by GoldenIcons
February 8, 2022
Tinubu on Son’s demise “I have suffered a grave loss that no parent would like to bear”

Tinubu on Son’s demise “I have suffered a grave loss that no parent would like to bear”

by GoldenIcons
January 5, 2021
0

Statement by Asiwaju Bola Tinubu on Passing on of Son Kazeem Olajide Babajide (Oct,12 1980 to Oct, 31st 2017) We...

10th Year Celebration & Remembrance of Late Chief Joe Ogbebor

10th Year Celebration & Remembrance of Late Chief Joe Ogbebor

by GoldenIcons
January 5, 2021
0

The family of Late Chief Joe Ogebor hosted an event in Houston, Texas to celebrate the life of their husband...

Love Story Highlights – Victor Adeniran tied the knot with his fiancé, Victoria Gbenjo

by GoldenIcons
January 5, 2021
0

It was a joyful and blissful day on July 1, 2017, as friends and family witnessed all smiles on Victor...

Nigeria Content Investment Forum: Where Prospects Meet Opportunities

Nigeria Content Investment Forum: Where Prospects Meet Opportunities

by GoldenIcons
February 7, 2022
0

VIDEO HIGHLIGHTS: By: Linda Anukwuem This past week during the annual Offshore Technology Conference, there was a concentrated effort taking...

Load More
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, June 29, 2022
  • Login
goldenicons.com
  • Home
  • Events
  • Weddings
  • Interviews
  • Entertainment
    • All
    • Comedy
    • Movies
    • Music
    AY Live in Houston – Sunday, July 10

    AY Live in Houston – Sunday, July 10

    Strangers Movie Premiere in Houston – June 19th

    Strangers Movie Premiere in Houston – June 19th

    Official Movie Trailer – CLOSURE MANDATE featuring Jim Iyke & Chris Attoh

    Official Movie Trailer – CLOSURE MANDATE featuring Jim Iyke & Chris Attoh

    Born-Again Virgin – Episode 1 featuring Seyi Brown & Stephanie Maa

    Born-Again Virgin – Episode 1 featuring Seyi Brown & Stephanie Maa

    I STAND FIRMLY AGAINST SEXUAL EXPLOITATION” PASCAL ATUMA CLEARS THE AIR ON NOLYWOOD REPORT

    I STAND FIRMLY AGAINST SEXUAL EXPLOITATION” PASCAL ATUMA CLEARS THE AIR ON NOLYWOOD REPORT

    Video Highlights – Dr. Babatope Fatuyi on his extravagant 40th birthday bash

    Pre-AMVCA Nominee Cocktail Photos: RMD, Rita Dominic, Ramsey Nouah, AY Makun, Omoni Oboli, Uti Nwachukwu & More

    Highlights of Uti Nwachukwu’s interview with Emma Emerson of Golden Icons

    Toke Makinwa’s Interview: “Some people are stuck in relationships…. because they have no other place to go”

    Toke Makinwa’s Interview: “Some people are stuck in relationships…. because they have no other place to go”

    Check Out Mrs Ogbebor @ 62 with Family and Close Friends

    Check Out Mrs Ogbebor @ 62 with Family and Close Friends

    Here is a Special ‘Valentines Gift’ for all the Hardworking Wives Out There!!

    Here is a Special ‘Valentines Gift’ for all the Hardworking Wives Out There!!

    • Nollywood
    • News
      Love him or Hate him, Kobe Bryant is unquestionably the best basketball player in the NBA today

      Love him or Hate him, Kobe Bryant is unquestionably the best basketball player in the NBA today

      Trending Tags

      • Donald Trump
      • Future of News
      • Climate Change
      • Market Stories
      • Election Results
      • Flat Earth
    • Movies
    • Music
    • Health
  • Lifestyle
    Khloe Kardashian and James Harden Split, People Magazine Confirms

    Khloe Kardashian and James Harden Split, People Magazine Confirms

    Michael Jackson’s daughter ‘Paris Jackson’, denies getting married

    Michael Jackson’s daughter ‘Paris Jackson’, denies getting married

    ‘This victory truly belongs to the nation’: Same-sex marriage signed into law in Ireland

    ‘This victory truly belongs to the nation’: Same-sex marriage signed into law in Ireland

    Usher gets surprised birthday song from President Barack and Michelle Obama

    Usher gets surprised birthday song from President Barack and Michelle Obama

    Usher gets surprised birthday song from President Barack and Michelle Obama

    Usher gets surprised birthday song from President Barack and Michelle Obama

    Ex-NBA star Lamar Odom reportedly responsive in Las Vegas hospital

    Ex-NBA star Lamar Odom reportedly responsive in Las Vegas hospital

    Houston Premiere: Bed of Roses

    Meet Mr and Miss Nigeria UK 2015 – Theo Ogundipe and Jane Ezeanaka

    Former NBA star Lamar Odom suffered Brain Damage after he was found unconscious at Nevada Brothel where hotel employees claim he had been using cocaine

    Sources close to ex-NBA star Lamar Odom say he is off of life support and breathing on his own

    Mariah Carey shares adorable photos of her Twins enjoying Autumn

    Mariah Carey shares adorable photos of her Twins enjoying Autumn

    Vivica Fox, Ramsey Nouah and Pascal Atuma ” honored in Australia

    Danish police officer was pictured playing with a young Syrian refugee

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Career
No Result
View All Result
goldenicons.com
No Result
View All Result
Home Featured

Time Magazine lists 4 Challenges Gen. Buhari Must Overcome When He’s Sworn in as President!

by GoldenIcons
January 4, 2021
in Featured, Latest Stories, News
0
Read APC Presidential Aspirant ‘Gen. Buhari’s’ Covenant with the Nigerian People!
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

To match Interview NIGERIA-BUHARI/

One of the most widely read international magazine in the world, Time Magazine has summed up four major challenges President-elect, Gen Muhammadu Buhari must overcome when he officially resumes his role as the president of Nigeria.

According to the editorial analysis of the political situation in Nigeria and the coming years ahead, the four most pressing issues are more difficult for the president-elect than winning the Presidency!

The editorial took credit that Buhari made history by making himself the first President to unseat a sitting President via the ballot box and hence cementing the foundation of democracy in Nigeria.

The four major challenges Buhari must deal it when he assumes office are listed below:

1) Reducing Corruption

The editorial acknowledged that when Buhari was the military Head of State from 1983 – 1985, he did not take advantage of the opportunity to enrich himself like his previous predecessors or successors. However, the editorial laid out the immense challenges of the entrenched system of political patronage where kickbacks are a norm that is very difficult to overcome.

“The APC line is that there will be no corrupt individuals in Buhari’s cabinet, but there will have to be some wiggle room,” says Elizabeth Donnelley, assistant head of the Africa program at London’s Chatham House foreign policy institute. “Deals have been made, and things are owed.” Buhari may not be able to sweep away graft in the short term, but if he immediately strengthens existing anti-corruption institutions that had been intentionally weakened under previous administrations, such as Nigeria’s Economic and Financial Crimes Commission, and oversees the prosecution of standout cases, he will set the right tone.

A good place to start would be an investigation into the country’s petroleum ministry, where an estimated $20 billion in oil revenue is thought to have gone missing, according to a 2014 report by Nigeria’s Central Bank.

2) Taming the Boko Haram

The editorial said that over 13,000 Nigerian have been killed by the terrorist group and with the military alliance with Chad and other neighboring countries, they have been pushed out of three districts where they have gained foothold. However the real challenge is within the military that is severely in need of restructuring due to years of neglect and corruption. Buhari also needs to strengthen relationships with neighboring countries in order to stage a concerted effort to fight Boko Haram.

3) Healing the economy

The editorial acknowledged that Nigeria is now the largest economy in the continent but the economy is not in a robust shape. Citing the International Monetary Fund (IMF) data, the growth has slowed down to 4.8% this year compared to 6.1% in 2014. The Naira went down by 17% against the US Dollars and inflation is at all time high with foreign reserves at historic low. The oil and gas sector makes up 70% of the government’s income but the sector only accounts for 16% of the Gross Domestic Product (GDP). The editorial advised that Buhari needs to diversify the Nigerian economy, instead of putting all revenue from this sector where it is subjected to commodity price fluctation and its eventual volatility to the Naira and the general state of economic well-being. It further pointed out the challenge that Buhari has little grasp of the modern economic management and cited Nobel Prize Laureate Wole Soyinka saying during an interview with Bloomberg News “I think, like me, he’s an economic illiterate.”

4) Keeping the oil rich delta area onside

The editorial quoted an example in 2009 when President Jonathan formulated a working formula with the delta militants that reduced their attacks on the oil pipeline and kidnapping of foreign oil workers. Buhari was advised to work on a similar framework with the militants in a profit sharing formula that would spell prosperity sharing and also ensure the oil keeps flowing without disruption to the economy. A failure to come out with a win-win formula will lead to eruption of violence again and will portend badly on the state of the national economy.

Tags: boko harameconomyGen. Muhammadu BuhariNigerian economyTime
Share196Tweet123Share49
GoldenIcons

GoldenIcons

Golden Icons is an online media creative. Our services also include - Film Production (Documentary, Commercials, Events/Weddings), and Branding & Marketing (Graphics, Web Design, SEO, & Social Media Management)

  • Trending
  • Comments
  • Latest
Nigeria Content Investment Forum: Where Prospects Meet Opportunities

Nigeria Content Investment Forum: Where Prospects Meet Opportunities

February 7, 2022
RMD will Host SEYI BROWN’s COMEDY SPECIAL ‘CULTURE SHOCK’

RMD will Host SEYI BROWN’s COMEDY SPECIAL ‘CULTURE SHOCK’

May 30, 2022
Check Out Mrs Ogbebor @ 62 with Family and Close Friends

Check Out Mrs Ogbebor @ 62 with Family and Close Friends

January 5, 2021
AY Live in Houston – Sunday, July 10

AY Live in Houston – Sunday, July 10

0

Ini Edo Weds Phillip – Check Out the Wedding Photos of Nollywood Actress Ini Edo and Philip Ehiagwina

0
Check Out Golden Icons Photography Archives – Memories that Last a Lifetime for your Top Notch Events!

Titi Kuforiji and Dr. Ayo Adewole’s Traditional Wedding Ceremony

0
AY Live in Houston – Sunday, July 10

AY Live in Houston – Sunday, July 10

June 24, 2022
Strangers Movie Premiere in Houston – June 19th

Strangers Movie Premiere in Houston – June 19th

June 17, 2022
RMD will Host SEYI BROWN’s COMEDY SPECIAL ‘CULTURE SHOCK’

RMD will Host SEYI BROWN’s COMEDY SPECIAL ‘CULTURE SHOCK’

May 30, 2022
goldenicons.com

Copyright © 2022 Golden Icons

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • Events
  • Weddings
  • Interviews
  • Entertainment
    • Nollywood
    • News
    • Movies
    • Music
    • Health
  • Lifestyle
  • Career

Copyright © 2022 Golden Icons

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In