‘Like a dead horse but standing’: Tinubu Govt inherited economy the Soludo

The governor of Anambra stated that his attitude was one of “empathy and commiserations” for Tinubu’s business team.

The macroeconomics of the nation were examined by the governor of Anambra State, Prof. Chukwuma Soludo, on Friday. He came to the conclusion that President Bola Tinubu inherited an economy that might be described to a “dead horse but standing.”

When asked to comment on Tinubu’s stance against using 90% of the nation’s income to pay off its foreign debt, Soludo offered this view on Channels Television’s Sunrise Daily.

The macroeconomic situation that this government inherited was “like a dead horse, but standing. In macroeconomic terms and modelling through this over the coming months we will bumpy, no doubt about it,” he said.

Tinubu asserts that nothing prevents Niger from replicating Abdulsalami’s nine-month transition.

The governor of the All Progressives Grand Alliance (APGA) said that he supported Tinubu’s economic team and expressed “empathy and commiserations” for them.

“But I am glad that at least, the first salvos by the president, by his courageous step to remove the obnoxious scam that has festered over the years called petrol subsidy and then dealing with the exchange rate,” said Soludo.