Connect with us

NEWS

DO YOU AGREE? Tinubu Inherited A Dead Economy From Buhari” – Soludo

Published

on

Anambra State Governor, Charles Soludo, mentioned that President Tinubu’s administration inherited a struggling economy from its predecessor.

Speaking on Channels TV’s Politics Today, Soludo urged Nigerians to be patient with the current government.

He alleged that the Central Bank of Nigeria was printing money illegally, contributing to the country’s currency devaluation.

Soludo, a former CBN governor, criticized the alleged money printing, stating it violated the 2007 Act governing the apex bank.

He blamed the previous government’s alleged recklessness for the current economic state, describing the inherited economy as severely troubled.

In his words;

“We sat here in this country and saw the monetary authorities literally printing money.”

“And to prevent us from getting to where we are today, that was why we had an explicit clause that prevented the Central Bank from lending recklessly, granting ways and means to the federal government.”

“This particular government inherited a dead economy from a micro economic point of view; this government inherited a dead horse that was seen standing but people didn’t know that it was dead. I think it’s important for Nigerians to understand this.”

For Advert placement, music promotion, event coverage, social media & event management, or to share breaking news story with us, contact: +2347062811394 or +2347059964320.
READ ALSO:  Enugu Govt Moves Against Vandalism of Public Utilities, Inaugurates Taskforce

Ojogwu Godwin Chukwudi hailed from Delta State. A young talented personality, Alumnus of Delta State university,Abraka Studied Library and information science. He is an intellectual cyber communicator expert and a prolific blogger professional.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending