Prof. Chukwuma Soludo, former Governor of the Central Bank of Nigeria has lashed out at President Muhammadu Buhari’s led administration: “President Muhammadu Buhari had worsened the “very bad” economic situation he inherited when he assumed power in 2015. Buhari met a very bad situation when he assumed power, but he has made the situation worse. Nigeria today is a fragile state with a failing economy. Some say failing state; some say failed state.”
“The economy is not just in recession; we are suffering from massive economic compression. Saying it is recession trivialises the issue. It will be a miracle if after eight years, by the time it leaves office in 2023, the current administration is able to return the economy in dollar terms to the exchange rate it met when it took over. The truth is that government inherited a very bad situation, but it has made it very much worse.”
“Only citizens united can rescue Nigeria, not just the government alone. It is a big luxury for anybody to say I am minding my business, because what others do will come to mind your own business for you sooner than later. We can’t get the leadership that we desire but we can get the leadership that we demand and work for. If only each party or government implements 25 per cent of their promises, Nigeria will be a great country.”
“If you see the governments run by APC, PDP and APGA, they are all the same, because Nigerians don’t hold them accountable. We must resolve as citizens not to let government off again; peaceful agitation must be encouraged and tolerated in this country. Everybody must be allowed to have a voice.”