More
    HomeBusinessEconomyObasanjo Slams Tinubu's Economic Policies for Deepening Poverty in Nigeria

    Obasanjo Slams Tinubu’s Economic Policies for Deepening Poverty in Nigeria

    Published on

    - Advertisement -

    By Milcah Tanimu

    Former President Olusegun Obasanjo has taken aim at President Bola Tinubu’s economic strategies, arguing that they have worsened the plight of Nigerians. He emphasized the need for consistent policies and transparent governance to drive progress.

    Speaking at the Paul Aje Colloquium (PAC) in Abuja, Obasanjo criticized the implementation of two out of three major policies by the current administration, asserting that while they were necessary, they were executed poorly, resulting in economic hardship for citizens.

    He highlighted the removal of subsidies, the gap between black market and official exchange rates, and the handling of the military coup in Niger Republic as key areas where improvements are needed.

    Obasanjo stressed the importance of prioritizing production and productivity, underscoring the role of trust in government leadership in fostering economic growth. He emphasized that there are no shortcuts to progress, advocating for diligence and a change in leadership attributes and attitudes to instill confidence in investors and stimulate economic development.

    Latest articles

    CWAI Names NITDA As Dev’t, Regulatory Agency that Encapsulates Other Sectors

    The National Information Technology Development Agency (NITDA) established by the NITDA Act of 2007...

    Court of Appeal Orders Status Quo for Rivers Lawmakers Until June 20 Hearing

    By Milcah Tanimu The Court of Appeal in Port Harcourt, during a...

    Putin Demands Ukrainian Troop Withdrawal for Peace Settlement

    By Milcah Tanimu Russian President Vladimir Putin announced on Friday that the...

    Multichoice Cites Nigeria’s Economy for Decline in DStv Subscribers

    By Milcah Tanimu African Pay-TV operator Multichoice Group has attributed a significant...

    More like this

    CWAI Names NITDA As Dev’t, Regulatory Agency that Encapsulates Other Sectors

    The National Information Technology Development Agency (NITDA) established by the NITDA Act of 2007...

    Court of Appeal Orders Status Quo for Rivers Lawmakers Until June 20 Hearing

    By Milcah Tanimu The Court of Appeal in Port Harcourt, during a...

    Putin Demands Ukrainian Troop Withdrawal for Peace Settlement

    By Milcah Tanimu Russian President Vladimir Putin announced on Friday that the...