The senator representing the Edo North Senatorial District, Adams Oshiomhole, says the government of President Bola Tinubu inherited a terrible economic situation.
Oshiomhole stated this on Tuesday during an interview session with journalists shortly after meeting with the V.P, Senator Kashim Shettima, behind closed doors at the Presidential Villa, Abuja.
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According to the former National Chairman of the ruling APC, some of the decisions taken by the current administration are the first step towards revamping the economy.
According to him, “The issues of the economy is work in progress. There is no quick fix. The government inherited a terrible economic situation.
The government inherited an economy in which our total national revenue was barely enough to service our debt burden, spending 96%, which is to say every N100k Nigerian earn, 96k is going to repay debts, to service debt.