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.