How reaction of Buhari’s government to alleged HSBC report exposed its hypocrisy on anti-graft war

Buhari Photo: Twitter/MBuhari

Nigerian President Muhammadu Buhari’s anti-corruption credentials are being questioned following the Nigerian government’s reaction to an unflattering report credited to banking giant HSBC.

The bank, according to major Nigerian dailies, said in a report that the politicisation of economic policy would also slow reforms and at times actively decelerate economic growth. The report is also claimed to have said that another four years of a Buhari government will stunt the Nigerian economy and kill off the drive to grow its different sectors.

The bank is also credited with a prediction that the opposition Peoples Democratic Party (PDP) will defeat the APC candidate, President Buhari, in the upcoming 2019 presidential election.

The Guardian cannot, however, verify the veracity of the report.

Buhari rode into power in 2015, largely, on the wings of his much-vaunted anti-corruption stance. While a few high-profile convictions have been secured, there are a few cases involving his trusted aides that are yet to be prosecuted.

Regardless of this, his aides continued to insist that he is the best bet if Nigeria real want to drop the toga of being a “fantastically corrupt” country.

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