Change in Political Administration and its Impact on the Economy

Change in Political Administration and its Impact on the Economy

(An Appraisal of the Muhammadu Buhari’s Administration)

ABSTRACT

Change is a major part of our lives, whether it is change in industries, technologies or various sectors such as transportation, education, health care or social policies. But we still know little about when and how change occurs. On 29 May 2015, General Muhammadu Buhari was sworn in as the President of Nigeria. The Buhari-led administration is expected to urgently tackle several challenges that have hindered economic prosperity, sustainable security and overall national development in Nigeria. These challenges include but are not limited to terrorism, violent conflicts, widespread poverty, youth unemployment, electricity shortage, and corruption. For President Muhammadu Buhari to make a success of his avowed intentions to bring the change that Nigeria needs, he must put in place the right policies, programmes and personnel.

CHAPTER ONE

1.0 INTRODUCTION

1.1 BACKGROUND OF STUDY

As our faces are different so is our vision and methodology; all the presidents Nigeria has had have their own goal before becoming the president of Nigeria; these differences ranges from the time of general Sani Abacha to the time of Buhari; all these are still for the better things to come for Nigeria. These changes in political administration has significant effect on the economic development of Nigeria through shift in vision and methodology of rulership.

Nigeria; under the administration of president Jonathan, had the vision of actualizing the transformation agenda; this program was not completed.

General Muhammadu Buhari’s primary goal is to eradicate corruption in Nigeria; which left the transformation agenda by the former president Goodluck Ebele Jonathan abandoned; the fight for corruption is just in circles as nothing has being achieved from it; so many changes is going on in Nigeria right now; under the general Buhari administration a lot has happened such as the dollar increment, the increase in price of petroleum, eradication of ghost workers etc. Buhari has being in the office for 100 days with few achievements; some of these achievement are:

1. Renewed Vigour in the War against Boko Haram

2. Appreciable Improvement in Power Supply in Various Parts of the Country

3. Mending of Nigeria’s Fractured Relationship with the World Powers

4. Prioritizing Regional Cooperation

5. Returning Discipline to the Polity

The philosophy of this administration is yet to be understood by the people; the voices of the people was that the PDP regime is far more preferable than the APC regime; they went on to accused the president (Buhari) of being too slow to in the approach of governance.

Nigeria has always been very adaptive; things are never constant in Nigeria; from the pursuit of a particular goal by a president to the pursuit of another goal by another president. The APC regime is yet to fully understand the way the country is being run by the former opposition party (PDP); this has really caused set-backs and critique to this administration.

1.2 STATEMENT OF PROBLEM

The economy of Nigeria have never being stable because of change in political administration; the pursuit for a particular vision changes which change in administration, the major problem here is the inability of the current administration to study the previous administration and see the best way to follow the proceedings in the cpountry so as to perfect the previous administration. This is the major problem in Nigeria; difference in interest and in vision is another issue in Nigeria. A new administration is suppose to take over from where the past administration stopped; but at times in Nigeria the reverse is always the case if this issue can be resolved then the economy of Nigeria will be on a more favourable ground.

1.3 RESEARCH QUESTIONS

1. What effect does change in political administration have on the economic development of Nigeria?

2. Is there any constitution binding the governance of the Nigeria?

3. What are the best approaches to be adopted by the federal government of Nigeria to resolve the adverse change in the political administration?

4. Is the Muhammadu Buhari’s administration a set back to the economy of Nigeria?

5. Does change in political administration have any effect on ghost workers?

1.4 RESEARCH HYPOTHESIS

H0: change in political administration does not have effect on the economy of Nigeria

H1: change in political administration have effect on the economy of Nigeria.

H0: Nigeria relationship with the world power have no significant effect on the economic development of Nigeria.

H1: Nigeria relationship with the world power have significant effect on the economic development of Nigeria.

H0: Change in political administration does not have significant effect on the level of crises in Nigeria

H1:  Change in political administration have significant effect on the level of crises in Nigeria.

1.5 AIMS AND OBJECTIVES OF STUDY

The aim of the research work is to determine the following:

1. effect of change in political administration have on the economic development of Nigeria.

2. The constitution binding the governance of the Nigeria.

3. The best approaches to be adopted by the federal government of Nigeria to resolve the adverse change in the political administration.

4. If the Muhammadu Buhari’s administration a set back to the economy of Nigeria.

5. If the change in political administration have any effect on ghost workers.

1.6 SIGNIFICANCE OF STUDY

The research work will discuss the various challenges face the country through the change in political administration, the study will also reveal the effect of the change in political administration on the economics of Nigeria. it highlight the impact of effective rulership by the present administration. The study will further assist the present administration in making good decision that will affect the economy of Nigeria positively.

1.7 SCOPE OF STUDY

The study is limited to the study of the change in political administration and its impact on the economy of Nigeria, it will cover the administration of Muhammadu Buhari and the journey so far.

1.8 LIMITATION OF STUDY

FINANCIAL CONSTRAINTS: The researcher was with limited funds; he or she can not visit all the areas to get responses from respondents; but he or she was able to get good information concerning the research topic.

TIME CONSTRAINTS: The researcher was involved in other departmental activities; like seminars, attendance of lectures etc. which limited his or her time for the research but the researcher was able to meet up with the time assigned for the completion of the research work.

1.9 DEFINITION OF RELATED TERMS

ADMINISTRATION: the management of public affairs; government

ECONOMY: the state of a country or region in terms of the production and consumption of goods and services and the supply of money.

REFERENCES

Abdulrahman, K. (2012, May 5). Corruption as basis for Nigeria’s underdevelopment, The Punch. Retrieved March 17, 2014, from ACBF. (2007).