
Nigerians have had enough of President Bola Tinubu’s trial-and-error approaches, according to former Vice President Atiku Abubakar, which led to the country’s current situation.
The former vice president counselled the president and his staff to own their mistakes and have the humility to understand that taxing Nigerians will not solve the country’s present economic problems.
This was said in a statement that Atiku signed on Monday in Abuja.
He was reacting to an assertion made by the Presidency that an Atiku Presidency may have caused Nigeria to endure a more worse economic crisis than it is now.
“I have noted the initial responses that highlight the stark difference between President Tinubu’s failing economic policies and the alternatives I have proposed,” Turakin Adamawa stated.
“Watching such a heated discussion on these important issues is fascinating, and I genuinely hope that this discussion will ultimately help Nigeria and her people.
Like many Nigerians, I am certain that the Tinubu administration’s hurried rise to power without a clear strategy is the reason we are currently experiencing economic unrest.
In sharp contrast, my team made sure that our strategy was inclusive and well-thought-out by not only creating a thorough Recovery Plan but also soliciting valuable feedback from Nigerians.
Isn’t it intriguing that the First Lady and the NSA appear to be leading a national prayer as the sole policy response from the so-called “tested” Tinubu administration? Only twenty-four hours after I put out my substitute solutions! What a daring plan!
According to my modest reading of the Bible, prayer is a noble course of action. Nonetheless, the sacred books also advise us to labour hard and diligently.
Tinubu’s team cannot legitimately claim that my suggestions have not been tested. What’s left
Our current situation is explained by the unpredictable, trial-and-error character of the policies this government has so far put into place.
Remember that Nigeria skyrocketed to the top of Africa’s economies under our economic leadership from 1999 to 2003, but their administration has demoted us to a depressing fourth place.
In contrast to the pitiful 2.8% of the so-called “tested” Tinubu period, the average GDP rate under the Obasanjo government, which I worked in, was 6.59% and reached a pinnacle of 15% in 2002; it was 7.98% during the late Yar’Adua administration and 4.8% during Jonathan’s. I’m sick of the chaotic “bolekaja” economic policy recommendations!
Taxing our way out of the economic mess caused by these foolish experimental ideas of a new government is not an option. Many countries, including the United Arab Emirates,
By encouraging growth through reduced taxes, certain countries, like Monaco (an EU territory with a zero-income tax regime) and Qatar, have become economic superpowers. So why are we obsessed with adding more misery to a population that is already struggling?
One can only speculate that Tinubu’s government is anchored to a mere Tea-plan, which can only lead to a T-pain.
“Furthermore, let me emphasize that the citizens who cast their votes in the 2023 presidential election are well aware that I did not lose; rather, we find ourselves in this predicament because the election was criminally stolen from the Nigerian people.”