Tinubu nails Buhari for bad economy
President Bola Tinubu has nailed his predecessor, Muhammadu Buhari, for bad economy. The ex Lagos State governor took over from Buhari on 29 May, 2023. The economy has continued to deteriorate since that time.
The president said he would hit the ground running, but the economy wouldn’t stop nosediving with inflation soaring and unemployment increasing. The administration of the incumbent president criticized the past government for running a bad economy.
The finance minister Wale Edun talked to the state house correspondents after the maiden Federal Executive Council meeting. The president inaugurated the cabinet last week Monday. The minister said that the Tinubu’s government met inflation at 24%.
According to the Punch Newspaper, the journalists asked the minister to describe the economy Tinubu inherited. Wale Edun responded, “Per Capita hd fallen steadily, inflation is at 24 percent, unemployment is high, you know they are rebasing the way in which it’s calculated”.
He provided more explanations when the corespondents queried him further. The minister said, “We met a bad economy, but the promise of Mr. President is to make it better”. He added that the council believed that the economy isn’t where it should be.
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