Liz Truss

2022 - 10 - 24

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Image courtesy of "Premium Times"

Liz Truss and the power of people in a democracy, By Dakuku ... (Premium Times)

Nigeria politicians and leaders owe Nigerians clarity of vision and policy, probity and accountability, if they do not want to suffer the fate of Liz Truss. by ...

The quality of governance is a function of the quality of people in government. In Liz Truss’s case, the system did not even allow her to implement her policies because it did not have faith in her policies. Overall, Nigeria politicians and leaders owe Nigerians clarity of vision and policy, probity and accountability, if they do not want to suffer the fate of Liz Truss. Second, worldwide, the litmus test for a government’s popularity and acceptance by the people is the state of the economy. It is obvious that she did not cause the problems she inherited, and many externalities are shaping the rise of economic issues in the UK, chief among them are the economic downturn following COVID-19, the Russian/Ukraine conflict in Europe, and the high cost of energy that elicited high inflation, which is also affecting much of the world. Similarly, although there is a low level of economic enlightenment in Nigeria, however the economic hardship prevalent today has heightened the political awareness of citizens and may affect the choice of Nigerian voters in 2023. Also, she lost the confidence of her colleagues in the cabinet, parliament, and party, to the extent that she had no option but to resign from office. The UK people are okay with changing prime ministers, like tenancy of Airbnb, until they get a prime minister that is fit for purpose. In the Nigerian context, the loss of confidence as a political paradigm may not have quick implications, as it did in the UK due to our system of government, but we may still need to consider it thoroughly. In the downfall of The people give and take power anytime they lose confidence in their government. Her resignation is an indication of the power of the people in a democracy.

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Image courtesy of "Businessday.ng"

Lessons from the Liz Truss Event (Businessday.ng)

Liz Truss lost the confidence of the people. This is evident in her prime ministership having the worst opinion poll...

The quality of governance is a function of the quality of people in government. They should articulate sustainable and fit-for-purpose policies to develop Nigeria without overpromising whilst bearing in mind the economic realities and the state of national finance when making promises. Any bogus policies that will not solve the myriad of issues faced by the people are quickly noticed, analysed, and criticised by the media, the people, the market, and other stakeholders. However, it has limits too, and the general election in 2023 is an opportunity to test that limit. Second, worldwide, the litmus test for a government’s popularity and acceptance by the people is the state of the economy. It is significant to note that the pressure came on her even when she had not implemented the policy in the first instance. The collapse of Liz Truss’s economic policies at birth signalled the lame-duck nature of her government. The state of the economy affects voters’ choices and citizens reactions to leaders. Therefore, losing faith and trust in their government inevitably leads to a loss of political power. Liz Truss lost the confidence of the people. The people give and take power anytime they lose confidence in their government. First, confidence in the government is a no-brainer.

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Image courtesy of "GOV.UK"

Liz Truss's final speech as Prime Minister: 25 October 2022 (GOV.UK)

and welcoming the accession of His Majesty King Charles III. In just a short period, this government has acted urgently and decisively on the side of ...

It is because we do not dare that they are difficult.” I look forward to spending more time in my constituency, and continuing to serve South West Norfolk from the backbenches. and I wish Rishi Sunak every success, for the good of our country. And we must continue to strengthen our nation’s defences. We must be able to outcompete autocratic regimes, where power lies in the hands of a few. From my time as Prime Minister, I am more convinced than ever we need to be bold and confront the challenges that we face.

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Image courtesy of "The Washington Post"

Rishi Sunak to give first speech as prime minister after Liz Truss ... (The Washington Post)

Rishi Sunak, a former finance minister and hedge-fund manager, comes to office with some of the harshest economic headwinds Britain has faced in a ...

He called for “stability and unity” — the opposite of the tumult and divisions that characterized Truss’s tenure. Labour Party lawmaker Angela Rayner decried Sunak’s accession as a coronation and that the Tories could not “keep doling out prime ministers every month.” Labour leader He will also seek to unite his warring and unpopular Conservative Party, which, he warned, must “unite or die.” She closed with: “We continue to battle through a storm but I believe in Britain, I believe in the British people and I know that brighter days lie ahead.” The contest to replace Truss was wrapped up surprisingly fast — it was less than a week ago that she resigned. Tory grandee Iain Duncan Smith, a former leader of the Conservative Party, told LBC radio that Johnson found himself “struggling and begging people for votes. Then she was driven by motorcade to Buckingham Palace, and she resigned in person to the new king, Charles III. The incoming prime minister Sunak followed — and Charles asked him to form a new government. As the Roman philosopher Seneca wrote, ‘it is not that things are difficult that we do not dare, it’s because we do not dare, that it is difficult.’ ” She stumbled somewhat over Seneca’s name. “It means lower taxes so people can keep more of the money they earn. “We need to take advantage of our Brexit freedoms to do things differently. “From my time as prime minister, I am more convinced than ever that we need to be bold and confront the challenges we face.

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Image courtesy of "The Guardian"

'Be bold': Liz Truss lays down gauntlet to Rishi Sunak in final speech ... (The Guardian)

Outgoing PM tells successor he should continue cutting taxes and keep planned rise in defence spending.

The outgoing prime minister said she was “more convinced than ever we need to be bold and confront the challenges we face” – saying she still believed in lower taxes and strengthening the nation’s defences. Flanked by her aides and supporters on one side and husband and two children on the other, Truss wished Sunak “every success” before she was whisked away in a car to Buckingham Palace to formally tender her resignation to the king. [Rishi Sunak](https://www.theguardian.com/politics/rishi-sunak), to “be bold” as she laid down the gauntlet by suggesting he should continue cutting taxes and keep the planned rise in defence spending.

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Image courtesy of "Vanguard"

Just in: Liz Truss resigns, Rishi Sunak sworn in as prime minister (Vanguard)

Rishi Sunak is now officially United Kingdom's Prime Minister after meeting with King Charles III on Tuesday morning. He met with the King in the palace's ...

Sunak will be UK’s third leader in seven weeks after winning a Tory leadership contest triggered by Truss stepping down Sunak had arrived the Palace around 10:15am to meet the King, shortly after Liz Truss tendered her resignation letter to the King in the same Palace. Rishi Sunak is now officially United Kingdom’s Prime Minister after meeting with King Charles III on Tuesday morning.

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Image courtesy of "P.M. News"

Liz Truss: We've helped millions of households (Full farewell speech ... (P.M. News)

Outgoing UK Prime Minister, Liz Truss says her short-lived government has helped millions of households with their energy bills.

I believe in the British people. I also want to thank my protection team. But I believe in Britain. It is because we do not dare that they are difficult.” It has been a huge honour to be Prime Minister of this great country. We reversed the National Insurance increase.

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Image courtesy of "BBC News"

Liz Truss defends tax-cutting goals as she bids farewell (BBC News)

The outgoing PM urges successor Rishi Sunak to be "bold", after she bows out after 49 days in office.

His replacement as chancellor, Jeremy Hunt, then abandoned almost all of the tax cuts in a bid to stabilise the financial markets. The plans, which had not been assessed by the government's fiscal watchdog, spooked investors and led to a steep rise in the cost of UK government debt. "We simply cannot afford to be a low-growth country where the government takes up an increasing share of our national wealth." But she struck a defiant tone in her speech in Downing Street, adding: "I'm more convinced than ever that we need to be bold and confront the challenges we face. In an unapologetic farewell speech, she urged her successor Rishi Sunak to be "bold" in a bid to boost the economy. She said the UK "cannot afford" for government spending to take up an "increasing share of our national wealth".

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Image courtesy of "The Guardian"

Last morning in No 10 is straightforward – but what now for Liz Truss? (The Guardian)

Practicals may be sorted, yet Truss will face her most difficult task, carving out role on Tory backbench as former PM.

While sacked cabinet ministers immediately lose the chauffeur-driven vehicle that comes with the job, former prime ministers are entitled to a government car in perpetuity, along with security. Truss’s aides refuse to say what she might do next, and it is likely she does not know herself. She will be immediately followed by Rishi Sunak, who will then be driven to Downing Street.

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