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Buhari Will Not Last Two Years in Office – Christopher Okoli

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Buhari Will Not Last Two Years in Office - Christopher Okoli (Nigerian-American Investment Advisor)
Buhari Will Not Last Two Years in Office - Christopher Okoli (Nigerian-American Investment Advisor)
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Buhari Will Not Last Two Years in Office – Christopher Okoli

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InIn a blog interview, Nigerian-American Christopher Okoli predicted that President Buhari may not last two years in office. He also said oil prices will keep falling globally.

  On Buhari’s tenure Okoli said Nigeria must revisit its history from 1979 to 2015 to avoid repeating past failures. He recalled how corruption thrived after the civil war despite strong national revenue. He noted that Buhari once fought corruption in 1983 but lost power in 1985, leading to decades of economic decline and massive naira devaluation. He warned that if Buhari fails to finish his term, the naira could crash again, and crude oil could drop to $25 per barrel due to global energy shifts.   On Buhari’s fight against corruption Okoli said Buhari faces two battles: breaking free from political influence and defeating corruption. He claimed Buhari is already struggling with the first battle because he has not made enemies within the political class. He urged Nigerians to support Buhari and prepare for hardship, including more naira devaluation, as part of the sacrifice needed to fix the economy.   On death penalty for corruption He disagreed with the NLC’s death penalty proposal, saying the system is more to blame than individuals. He suggested strict enforcement of existing laws with 10–20 years imprisonment and hard labour.   On TSA policy He said TSA is not causing job losses but blamed long-term systemic failure. He praised the policy for blocking financial loopholes but warned that reforms will come with short-term discomfort.   On investor concerns and JP Morgan He said JP Morgan has already delisted Nigeria from its index and warned that if Morgan Stanley does the same, investors will dump Nigerian bonds, leading to high borrowing costs. He predicted the naira could hit N500 to $1 by December 2016 if monetary policies do not change.   On CBN Governor Emefiele Okoli advised against removing the CBN Governor now, saying his exit would trigger panic among investors. He urged the government to give him time to prove the success or failure of his policies.   On naira fall prediction He linked his prediction to historical devaluation trends and warned that if Buhari exits early, the naira could hit N22,000 to $1 in the next 30 years. He said Nigeria must boost productivity and monetize idle assets instead of wasting resources defending the naira.   On rebuilding Nigeria He said there is no quick fix and that Nigerians must support Buhari through tough reforms. He added that productivity and good governance are the only paths to currency stability and national growth. He warned that any breakup of Nigeria would fail under global economic pressure.                 Also Read: President Museveni to Run for Seventh Term

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