Nigeria Was So Bad That Gov’t Printed Money Without Activities to Back It Up – Senator Karimi

The government of President Bola Tinubu, according to Senator Sunday Karimi (Kogi West), inherited the greatest economic difficulties faced by the Fourth Republic to date.

According to The Nation, he claimed the administration had demonstrated a commitment to reviving the economy and turning it into a robust, self-sufficient one.

He asked for additional time, saying that the president’s long-term plan, which is based on proactive policy and aims to achieve a durable economic recovery, is beginning to show results.

He spoke during the inaugural Igbaruku Day event in Igbaruku-Okeri, Yagba West LGA of Kogi State, which was hosted by the Igbaruku-Okeri Community Development Association (ICDA).

He urged the public to be civic-minded and dedicated to the betterment of their communities. He pointed out that the process of economic recovery should be viewed as a joint endeavor between the government and the populace.

He emphasized that the government alone cannot make all that is good for the people happen. According to him, if everyone plays their role, the current administration’s economic problems may be rationally resolved, with significant short-term achievements.

 

He explained, “The government of 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-year average preceding the administration of Tinubu was 15.1 percent.”

“Nigeria was so bad that the government printed money without activities to back it up. It is still our government, the APC. We admit that.”

“Nigerian Naira was almost turned to paper, where one US dollar equated to 1900 Naira. But the Tinubu government is not resting on its oars.”

To find answers to the issues, he said that the administration is working nonstop every day. A dollar is now worth 1,300 naira. The Warri and Port Harcourt refineries have reopened. He expressed tolerance with President Tinubu and hoped that, at least soon, we would live to see the Nigeria of our dreams.

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