Lebanese Prime Minister Has Resigned, Can A Nigerian President Resign?

Lebanese Prime Minister Saad Hariri has submitted his resignation to the country's president following days of anti-government protests. Hariri says he has reached a "dead-end" after unprecedented protests paralyzed the country. After the long-awaited statement, Lebanese protesters took to the streets in celebration.

Earlier on Tuesday, supporters of Hezbollah attacked a protest camp set up by anti-governmentdemonstrators, tearing down tents and roadblocks. Banks have closed for the tenth straight day, adding pressure to an already-troubled economic situation.

Rami Khouri, a senior public policy fellow and professor at the American University of Beirut, joins us live from Boston to discuss the latest updates.

Lebanon now faces the risk of a devaluation of its currency. The country has traditionally relied on foreign currency deposits in local banks from its large diaspora to fund debt repayments but these have been
declining — a reflection of diminishing trust in the country’s economic management.

Capital Economics, a UK-based consultancy, said Mr Hariri’s resignation could “usher in a period of policymaking paralysis, making some form of debt restructuring all the more likely”.

Banks have been closed for almost two weeks and the banking association said they would remain close until stability was restored. Economists say there is a risk of capital flight and a run on the banks by customers worried about their dollar deposits.

The current protests, the biggest in Lebanon for years, were triggered by plans for a WhatsApp tax but quickly morphed into a revolt demanding broader political change. They have drawn Lebanese from all religious communities who have come out on the streets in towns and villages across the country.

GUYS, DO YOU THINK THE PRESENT NIGERIAN PRESIDENT CAN RESIGN UNDER ANY SITUATION?

GUYS, WHAT DO YOU THINK?

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FACEBOOK COMMENTS

Anyiam Bright and 34 others

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Nelson Egboche

Africa leader would never resigned he larder died there

Felix Zipporah

I believe a day will come where our leaders will set aside for more competence hands to take d lead

Abayo Makinwa

Haaaaaa for where our leaders are ready to kill and to die there that is just there believe, no reasonable law maker they are all under sheet.

Chijioke Onu

Africa leaders cannot do this,no matter the height of protest.

Adebayo Michael Oluwaseun

For were!! Even though they die they will still ask there clones to represent them.

Subair Ibrahim Olayinka

Endy if you in particular find yourself in such post of political power will you resign

Babatunde Morenikeji Omoba

It not possible bcos the way you steal and embezzled is high so they can never resign layee

Agboola A Isaac

Don't compare Lebanese people to Nigerian..... Lebanese ar not black, Blacks always get darkness, that why Africans not civilized enough, black is black, there is no lights in black

Davidson Paul

Try anything funny and DSS will be at ur home 2am 🏃🏃🏃🏃

Lohman Japheth Barde

After they die then they resign.