Politics
Wicked To Criticize Tinubu – Okupe On How The President’s Actions Saved Nigeria’s Economy
Wicked To Criticize Tinubu – Okupe On How The President’s Actions Saved Nigeria’s EconomyA former presidential aide, Doyin Okupe, has defended the economic reforms initiated by President Bola Tinubu, asserting that they are crucial for the long-term well-being of Nigeria and its citizens. According to Okupe, Tinubu inherited an economy on the brink of collapse, where 98% of government revenue was being used to service debt. He argued that in such a dire situation, the President had no choice but to implement drastic measures to prevent further economic deterioration.....KINDLY READ THE FULL STORY HERE▶
During an interview on Arise TV on Monday, Okupe emphasized that it is both unfair and unkind to judge President Tinubu after only 18 months in office. He pointed out that, without the President’s intervention, Nigeria could have faced even more severe economic challenges, including an exchange rate of ₦17,000 to one US dollar and fuel prices rising to ₦4,000 per litre.
“I’ve heard people complain about the dollar at ₦1,700, but it could have been as high as ₦17,000. The price of fuel is ₦1,000, but it could have been ₦3,000 or ₦4,000 per litre if not for the reforms that have helped curb the hyperinflation we were facing,” Okupe said.
He added that before Tinubu assumed office, Nigeria was in a socially and economically perilous state, and it was only through the President’s bold reforms that the country began to recover. Okupe also criticized former President Muhammadu Buhari, accusing him of printing as much as ₦30 trillion during his tenure in an effort to conceal the country’s true economic condition.
“Bola Tinubu has introduced serious reforms that are steering the country away from the financial mess it had been in for the last eight to ten years,” Okupe concluded.
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