Governor of Anambra, Chukwuma Soludo, has likened the economy inherited by President Tinubu to a “dead horse standing”.
Speaking on Sunrise Daily, a Channels Television programme, on Friday, Soludo said from a macroeconomic perspective, of the administration of former President.
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He said Tinubu’s economic team has its work cut out, adding that the “coming months will be bumpy”.“I will say to you in empathy and commiseration for the economic team of the president. This government inherited, from a macroeconomic standpoint, I would say the economy was like a dead horse but standing.
Muddling through this over the coming months will be bumpy, no question about it. Literally, the past administration printed over 22 trillion and poured into the system backed by nothing. Now you have to grapple with high inflation, the impact on the exchange rate and all the destruction. I’m willing to give the government a benefit of the doubt.