On Friday, the Minister of the Federal Capital Territory (FCT) and former Governor of Rivers State, Nyesom Wike, mentioned the President Bola Tinubu-led authorities took over a fragile economic system with the nation on the breaking point.
Wike made this comment whereas talking on Channels Tv’s Politics Right now, dismissing claims that the President Tinubu authorities broken the nation’s economic system.
Wike admitted that whereas the removing of gas subsidy got here with a variety of challenges, together with the hike in the price of the important product from round N200 to about N1,000 per litre, state governments now have extra funds to work with.
The 2-term governor mentioned two years is insufficient to guage the administration of President Tinubu and is asking for assist, praising the president for stepping up and placing out insurance policies to place the nation’s economic system in the proper route.
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“He took over, he took over an economic system that was gone. It was completely gone. Nigeria was able to be buried. Fortunately, it has not been buried. Somebody [Tinubu] got here and mentioned, ‘No, I can’t permit you to be buried’.”
“Take, for instance, the gas subsidy removing. Everybody mentioned this was a rip-off. So what can we do? He [Tinubu] got here and mentioned, ‘I can’t enable this once more. It has to go.”
“However some huge cash will likely be put within the fingers of states or the federating items,” the previous governor of Rivers State mentioned on the prime time present. “There’s a lot, there’s a lot cash within the fingers of the state, whether or not anyone likes it or not. There’s a lot cash.”
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