Trotsky wrote in the Transitional Programme: “The capitalists are tobogganing towards disaster with their eyes closed.” Today in Nigeria, we can make a simple modification to this assertion that the Nigerian ruling elites are tobogganing towards disaster with their eyes wide open. They can see what is happening, they can see what is coming, but they can do absolutely nothing to prevent it.

When the Abacha dictatorship in Nigeria (1993-98) was facing collapse, the Nigerian elite, backed and advised by imperialism, prepared the ground for a transition to a bourgeois democratic regime. The various presidents, from Obasanjo to Buhari today, have run corrupt regimes, doing nothing to alleviate the suffering of the Nigerian masses, while enriching themselves and their cronies in the process.

The Nigerian Labour Congress (NLC) yesterday suspended its general strike on its fourth day, after the government agreed to meet the unions on October 4-5 to discuss an increase in the minimum wage. The call for the strike had surprised the union leaders themselves, who had not expected such a massive response. Now they are doing everything to demobilise.

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