Politics
  • FaceBook
  • Twitter
  • Pin It
  • Linkedin
  • Buffer
  • WhatsApp

Tinubu Inherited Dead Economy, CBN Under Buhari Printed Money Illegally – Soludo

Governor Charles Soludo of Anambra State has claimed that the current administration led by President Bola Tinubu inherited a dead economy from its predecessor.

Recall that the President Bola Ahmed Tinubu government had also cried out that it inherited an almost bankrupt economy from the immediate past Muhammadu Buhari administration.

Soludo, who spoke similarly on Thursday during an interview on Channels TV’s Politics Today monitored by IGBERE TV, called on Nigerians to be patient with the current government.

He alleged that the Central Bank of Nigeria was illegally printing money, which according to him, contributed to the fall of the country’s currency.

The former CBN governor noted that the alleged illegal printing of money was a total violation of the 2007 Act governing the apex bank.

He ascribed the present economic situation in the country to alleged recklessness of the previous government, describing the economy it left behind as a dead horse.

He said, “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.”

Anambra man of the year awardAnambra man of the year award
  • FaceBook
  • Twitter
  • Pin It
  • Linkedin
  • Buffer
  • WhatsApp

Wisdom Nwedene studied English Language at Ebonyi State University. He is a writer, an editor and has equally interviewed many top Nigerian Politicians and celebrities. For publication of your articles, press statements, upload of biography, video content, contact him via email: nwedenewisdom@gmail.com

Comments are closed.

Sorry for the interruption

We are deeply concerned with our user experience. Which is why we use responsible ads.

Please work with us by disabling your ad blocker and let's create a sustainable web together.

I get it. I have disabled my ad blocker. Please let me in.