JUST IN: Tinubu Faces Economic Challenges As Unextracted Crude Oil Pre-Sold Before Taking Office

Plateau State Governor, Caleb Mutfwang, asserted that former President Muhammadu Buhari bequeathed a challenging economic situation to President Bola Tinubu. Mutfwang made this declaration while presiding over the swearing-in ceremony of 22 Special Advisers and heads of various government agencies appointed by his administration on Monday<<<READ FULL ARTICLE>>>

During his address, the governor highlighted that Tinubu inherited the most underperforming economy since the inception of Nigeria’s democratic experiment in 1999. Mutfwang emphasized the need to prioritize governance over politics post-election and candidly disclosed the grim state of the economy.

PAY ATTENTION:  NAICOM thrown into mourning as CEO loses wife

JUST IN: Lagos denies signing contract to begin construction of green line rail

Mutfwang stated, “We are at a very difficult juncture in the history of this country, and I’m an advocate that after the election, you forget politics and face governance. This government inherited a worse situation than 1999.” He further elaborated on the economic challenges, pointing out that the government took charge of an economy where the printing of money had reached an alarming N30 trillion, and the country had pre-sold yet-to-be-extracted crude oil.

PAY ATTENTION:  JUST IN: What happened in Israel? A breakdown of how Hamas attack unfolded

BREAKING: Britain enters into a recession ahead of general elections

The governor expressed concerns about the devaluation of the national currency, linking it to the financial mismanagement of the previous administration. Mutfwang also underscored the societal repercussions, referencing current unrest and incidents of food interception. Despite Plateau State’s comparative advantage in food production, the governor emphasized the importance of proactive measures, especially in addressing food security concerns.

PAY ATTENTION:  Tribunal Gives Update On Judgement In Obi’s Petition Against Tinubu

Mutfwang’s frank assessment of the economic situation echoed the need for concerted efforts to address the inherited challenges and steer the nation towards economic recovery and stability<<<READ FULL ARTICLE>>>