Yesterday, the office of the Nigerian president, Muhammadu Buhari (Bubu), announced that he will be going on a five-day vacation, and as such the vice president, Yemi Osinbajo, will take his place for the duration of his vacation. While it may not be unconstitutional for the president to take a vacation, here a few reasons why ‘Bubu’ should not be on vacation at this time.
Economic downturn/fall of the Naira
Buhari admitted, yesterday, that the Structural Adjustment Programme (SAP) introduced during Ibrahim Babangida’s regime from 1986 to 1988 is responsible for what the Nigerian Naira is currently going through. The SAP, at the time, was a loan provided by the World Bank for economically unstable countries. He stated he was waiting on the governor of the Central Bank of Nigeria, Godwin Emefiele, to provide him with reasons to kill the Naira. Following this, a vacation at this time could be misunderstood as nonchalance on the part of the president in economic matters as the CBN governor may decide to follow suit and relax until his boss gets back. Not to undermine the power of the VP, but he can only make decisions based on the approval of his boss, who will be on vacation.
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