Politics
Sanusi Dismisses Accusations Of Tinubu’s government Causing Economic Hardship
Sanusi Dismisses Accusations Of Tinubu’s government Causing Economic Hardship....KINDLY READ THE FULL STORY HERE▶
Former Central Bank of Nigeria Governor, Mohammed Sanusi, has emphasized that it is unjust to hold President Bola Tinubu’s administration responsible for the current economic challenges in the country. Speaking virtually at a religious event in Abuja, Sanusi attributed the economic difficulties to mismanaged policies of the past eight years………CONTINUE READING
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Highlighting the impending crisis due to flawed monetary policies, Sanusi urged people not to solely blame Tinubu for the prevailing economic hardship. He pointed out that the nation had been living a false lifestyle with substantial foreign and domestic debts for eight years, and the Central Bank of Nigeria’s debt exceeded N30 trillion.
Sanusi commended Tinubu’s decision to remove fuel subsidy, stating that blaming the administration for the economic downturn is unjust, given the necessity of subsidy removal and the country’s inability to afford it. He criticized the previous administration’s poor management of the economy, citing excessive printing of money by the Central Bank and a depreciating naira.
While acknowledging that Tinubu is not entirely free from wrongdoing, Sanusi stressed that, in the current economic situation, the blame should not be solely directed at the president. He urged people to endure the hardship and called on those with the means to assist the less privileged during these challenging times.
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Source: Bushradiogist
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