"It Will Take A Miracle For Buhari To Revert Naira In 8 Years" - Former Gov. Of CBN Soludo

Date: 03-03-2017 12:31 pm (7 years ago) | Author: onuigbo felicia
- at 3-03-2017 12:31 PM (7 years ago)
Online (f)

Former Governor of the Central Bank of Nigeria (CBN), Charles Soludo has said it will take a miracle for President Muhammadu Buhari to return Naira back to its former rate.
Soludo spoke at the ‘Big Ideas Podium’, a public policy debate organised by the Afri Heritage Institution in Enugu said Buhari inherited a ‘very bad’ economy and has made it even worse..
Soludo added that Nigeria is fast approaching the status of a failed state while calling for a “citizens united” campaign by Nigerians to demand accountability from government at all levels.
He said, “Buhari met a very bad situation when he assumed power, but he has made the situation worse. Nigeria today is a fragile state with a failing economy. Some say failing state; some say failed state.
Quote
“The economy is not just in recession; we are suffering from massive economic compression. Saying it is recession trivialises the issue.
“It will be a miracle if after eight years, by the time it leaves office in 2023, the current administration is able to return the economy in dollar terms to the exchange rate it met when it took over.
“The truth is this government inherited a very bad situation, but it has made it very much worse.”

The former apex bank chief said the country would make progress if political parties kept at least 25 per cent of the promises they made before coming to power.
He called on Nigerians to demand the delivery of campaign promises by government at all levels.

Posted: at 3-03-2017 12:31 PM (7 years ago) | Addicted Hero
- Mykie010 at 3-03-2017 01:11 PM (7 years ago)
(m)
That is very correct.
Posted: at 3-03-2017 01:11 PM (7 years ago) | Gistmaniac
Reply
- willyking at 3-03-2017 01:15 PM (7 years ago)
(m)
U no well na who wan dey office for 8 years, infact ur head no correct.
Posted: at 3-03-2017 01:15 PM (7 years ago) | Gistmaniac
Reply
- akinmanchy at 3-03-2017 09:07 PM (7 years ago)
(m)
Hmmmm na wa ooo

Posted: at 3-03-2017 09:07 PM (7 years ago) | Hero
Reply
- morolayo at 3-03-2017 09:44 PM (7 years ago)
(f)
Before nko?
Posted: at 3-03-2017 09:44 PM (7 years ago) | Gistmaniac
Reply
- 24magic at 4-03-2017 02:02 AM (7 years ago)
(m)
Wise man, well spoken..
Posted: at 4-03-2017 02:02 AM (7 years ago) | Gistmaniac
Reply
- sugarbaby2392 at 4-03-2017 07:34 AM (7 years ago)
(f)
2 and half years remaining
Posted: at 4-03-2017 07:34 AM (7 years ago) | Gistmaniac
Reply
- sugarbaby2392 at 4-03-2017 07:35 AM (7 years ago)
(f)
2 and half years remaining
Posted: at 4-03-2017 07:35 AM (7 years ago) | Gistmaniac
Reply
- Larry28 at 4-03-2017 10:32 AM (7 years ago)
(f)
 Roll Eyes Roll Eyes
Posted: at 4-03-2017 10:32 AM (7 years ago) | Hero
Reply
- BournIdentity at 29-03-2017 03:50 AM (6 years ago)
(m)
I just dey observe
   
Posted: at 29-03-2017 03:50 AM (6 years ago) | Addicted Hero
Reply
- BournIdentity at 31-03-2017 03:14 AM (6 years ago)
(m)
I go
     
Posted: at 31-03-2017 03:14 AM (6 years ago) | Addicted Hero
Reply

fire TRENDING GISTS fire

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