The Senator representing Kogi West Senatorial District in the Nigerian Senate, Sunday Karimi, has declared that the Bola Tinubu-led administration inherited the worst economic challenges in Nigeria’s history.
Karimi stated this while speaking at the maiden edition of Igbaruku Day organised by the Igbaruku-Okeri Community Development Association (ICDA) in Igbaruku-Okeri, Yagba West Local Council, Kogi State, yesterday.
His words: “The administration inherited the worst economic challenges so far in the anal of the country. The President’s long-term vision, driven by proactive policy towards achieving sustainable economic recovery, is slowly yielding fruits.
“The government of President Tinubu inherited a bad, in fact the worst situation, so far. Tinubu met the average gross domestic product (GDP) growth rate of 1.8 percent. The four years average preceding the administration of Tinubu was 15.1 percent.
“Nigeria was so bad that government printed money without activities to back it up. It is still our government, the All Progressives Congress(APC). We admit that. Nigerian Naira was almost turned to paper, where one US Dollar equated to N1,900, but the Tinubu’s government is not resting on its oars.
“It is working tirelessly every day to find solutions to the problems. Today, one Dollar equals N1,300. Port Harcourt refinery is back; Warri refinery is back. With patience with President Tinubu, we will live to see the Nigeria of our dream, in the short-term.”
He, therefore, pleaded with Nigerians to exercise patience with the administration.
