91% of Nigerians Say Buhari Has Performed Poorly on Economic Management - Vanguard Poll

Vanguard Media online opinion poll has revealed large scale disapproval of the economic management policies by president Mohammadu Buhari, even as economists and institutional analysts clamor for policy changes.

The poll asked respondents how would they score Buhari’s government on economic management so far, on three rating scales: Fantastic; Bad; Average.

With a total 18,719 respondents the result shows that a whopping 17,080 or 91.3 per cent of them rated the president ‘bad’ while only 5.6 per cent and 3.2 per cent rated him ‘fantastic’ and ‘average’ respectively.


The poll results appear not surprising following the steady negative statistics on Nigerian economy performance since present regime.

Figures released by the National Bureau of Statistics, NBS, last week show that the economy has gone into recession with two consecutive quarters of negative growth, first time in over 20 years while inflation has continued to go up since this present regime, hitting 17.2 per cent in the month of July, over 11 years high point.

Unemployment figures were also bad as it continued to grow showing over 26 million able bodied Nigerians unable to get employment, while many more are losing their jobs.
Most economy analysts have, therefore, posited alternative policy options which indicates that present policies have failed.

Director General of the West African Institute for Financial and Economic Management, WAIFEM, Professor Akpan Ekpo, weekend, blamed the Federal Government and the Central Bank of Nigeria, CBN, for Nigeria’s current economic woes and for the country’s recent plunge into recession.

Ekpo who is also an economist, former Director of the CBN, and former Vice Chancellor of the University of Uyo, in an emailed response to Vanguard enquiries in Abuja, said that the delay in passing and implementing the 2016 budget and the CBN’s monetary and foreign exchange policy stance helped worsen the country’s economic situation.

He said, “There was a near absence of fiscal policy – the economy lacked the necessary fiscal buffers. Money and exchange rate policies were the only voice”.


Please o, EFCC should investigate the 5.6% respondants that rated him 'fantastic'. Na the round-trippers be dat.
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