Buhari Left Dead Economy For Tinubu Govt – Soludo

The Anambra State Governor, Chukwuma Soludo, on Friday, argued that the administration of former President Muhammadu Buhari left a dead economy for President Bola Tinubu.

Soludo shared this insight on Channels Television’s Sunrise Daily, when asked to respond to Tinubu’s stance kicking against spending 90 percent of the country’s revenue on external debt service.

He described the economy as a “dead horse but standing”.

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Soludo said his position was in empathy and commiserations for Tinubu’s economic team.

“This government inherited, from a macroeconomic standpoint, I would say the economy was like a dead horse but standing, in macroeconomic terms and modelling through this over the coming months will be bumpy, no question about it,” Soludo said.

He further praised Tinubu’s courageous step in removing the petrol subsidy, which he described as an obnoxious scam, and then dealing with the exchange rate.