The National Security Adviser (NSA), Malam Nuhu Ribadu, has admitted that President Bola Tinubu inherited a bad economy from President Buhari administration that he is working hard to fix.

Though, during the 2023 election, President Tinubu had hailed economic progress of the President Muhammadu Buhari administration and attacked the opposition parties for underscoring the failures of eight years of APC rules and proposals on the economy and the social welfare of the citizens.

In his final broadcast to the nation, President Buhari had said “I am confident that I am leaving office with Nigeria better in 2023 than in 2015.”

Now, apparently in the contrary, Nuhu Ribadu, while addressing a meeting of the Presidential Steering Committee on Palliatives at the Presidential Villa, Abuja, on Monday, admitted that “We inherited a very bad situation,” and pleaded with organised labour to give the administration little chance to fix the battered economy.

“The meeting was an opportunity for us to appeal to the labour leaders by extension Nigerians that we are facing difficulties and challenges that are not our making. We inherited a very bad situation. Most of the problems people are talking about are not a creation of this government. This government is barely two months old and since we have been facing these difficulties and challenges, we have a listening and engaging President, a president who will want to have a conversation and react.

“He is truly, genuinely, honestly doing it. Our appeal is please Nigerians give us the support that is needed and required, we are working, we are trying to change things. We inherited a very bad situation, we are trying to stop all those things we witnessed in the past, we are trying to stop the killings, stop the attacks on trains, stop attacks on prisons, stop IPOB what they are doing, stop bandits, stop Boko Haran,” he said.

However, the organized labour maintained the stand to proceed with its planned protest over the removal of petroleum subsidy.

The President of the Nigeria Labour Congress (NLC), Joe Ajaero, spoke with State House reporters after another round of meeting of the Presidential Steering Committee on Palliatives at the presidential villa, Abuja.

He said the plan for workers to proceed on a peaceful protest from Wednesday has not changed.

Ajaero, who dismissed fears that the peaceful protest could be hijacked by hoodlums, said such had never happened in the history of workers’ protest.

He, however, said it was the responsibility of security agencies to provide security for the protest to protect the workers.

The NLC boss also expressed doubts about President Bola Ahmed Tinubu’s ability to control inflation and gasoline prices due to the unification of the exchange rate.

He said the meeting of the Steering Committee adjourned till 12noon on Tuesday to enable the labour leaders to listen to the president’s national broadcast on Monday.

Reacting to Tinubu’s plan to intervene on exchange rate over inflation and high cost of gasoline prices, Ajaero said:

“By the time you have a single market and you are not having anything that has a comparative advantage, your energy is import driven, then how are you going to control it? How are you going to control somebody that exchanged dollar at about 900 (naira)? Are you going to tell him to sell below the price?

“How are you going to tell even NEPA today, with the cost of production not to increase tariff? Even corn in the villages that was sold at N18,000 by February, now it’s about 56,000. How are you going to control it?”

On his side, the Chief of Staff to the President said that issues were trashed at the closed door meeting and that they adjourned to listen to the President broadcast.

He also said the government was dealing with the oil cabals that have brought the economy to its knees.

“We have been locked behind for a couple of hours, we had a good meeting, issues were thrashed out on the situation in Nigeria today in terms

moredolu:
Same problem Buhari administration told us throughout the 8 wasteful years..... Please don't start again...

001Lagos:
Is Tinubu not part of Buhari APC?

They are birds of the feather

maupe:


https://timeafricamagazine.com/finally-tinubu-govt-admits-it-inherited-a-very-bad-economy-from-buhari/amp/

ganisucks:
An NSA that follows Bulabu around like if he's a handbag. What is an NSA doing at a meeting between Labour and government. Is strike terrorism? This man does not know his job. When I said this man doesn't understand Jack about political security, people were capping nonsense.