The senator representing the Edo North Senatorial District, Adams Oshiomhole, says the government of President Bola Tinubu inherited a terrible economic situation.

Oshiomhole stated this on Tuesday during an interview session with journalists shortly after meeting with the Vice President, Senator Kashim Shettima, behind closed doors at the Presidential Villa, Abuja.

According to the former National Chairman of the ruling All Progressives Congress (APC), some of the decisions taken by the current administration are the first step towards revamping the economy.

He added that President Tinubu and his deputy had shown courage and determination to stop the corruption of the subsidy regime and in the Central Bank of Nigeria (CBN), while appealing to Nigerians to be patient.

Without mincing words, APC has not only failed in its promises, but it has engineered a retrogression of the country, especially in the areas of security and economy. There are disturbing statistics on fuel, debts, unemployment, inflation, insecurity and others.

The unemployment rate was 8.19% in 2015 when APC took over, but now it is 33.3%. A US dollar is exchanged at N720 in the parallel market now. It was N198 in 2015. While the country’s debt status was N9.8 trillion in 2015, it stands at N41.6 trillion and the list is endless.

Tinubu’s APC cannot say Nigeria is fine under its rule, and Nigerians are waiting for the ruling party at the polls, and it is the party that Tinubu formed as a platform to achieve his lifelong ambition

These are the extent of damage that the APC has wrecked and Tinubu is using the same platform for his campaigns. It is with keen interest that the Nigerian people await the campaigns to commence.

riverbird:
And he vowed to continue where his fellow failure stopped

Racoon:
https://www.channelstv.com/2023/08/15/tinubu-govt-inherited-terrible-economic-situation-says-oshiomhole/