Former governor of the Central Bank of Nigeria, Professor Charles Chukwuma Soludo, lately commented President Muhammadu Buhari has worsened the economic situation of the country.
He added Nigeria is a fragile state and the country’s economy is falling, which may soon get the status of a failed state.
The ex-governor was speaking at the ‘Big Ideas Podium’ organized by the Afri Heritage Institution in Enugu. He said Nigeria is suffering from massive economic compression.
Buhari came to power in 2015 and inherited a very bad economic situation. He will leave office in 2023.
Soludo continued that it would be miracle if after eight years, when he leaves the office, the economy is returned back to the same exchange rate in terms of dollar that it met when it took over.
The former CBN governor also criticized the official policy of the government to wait for the rise of oil price.
He said, “Only citizens united can rescue Nigeria, not just the government alone. It is a big luxury for anybody to say I am minding my business, because what others do will come to mind your own business for you sooner than later.”
He further added Nigerians need such leader who is demanded and not just desired. The leader should work for the country and even if 25 percent of the promises are implemented, Nigeria will be a great nation in future.
Nigeria is a poor country and immediate change is needed in the interest of the Nigerians.