In what looks like they are out of their depth, Nigerian policy hunches, particularly on the fiscal side of the equation. have been caught off guard as international crude oil prices continue to rally while the country’s external reserves take a tumble.
A number of analysts say it the short view approach to policy cooking, as well as its eating, take that for implementation, where the long view that accommodates the interests of generations yet unborn is ignored for the here and now approach, often leaving the government and its policy eggheads railroaded, and unable to act meaningfully.
