Abia State Governor, Alex Otti, has said President Bola Ahmed Tinubu came to power at a very difficult period in Nigeria.
Otti said this after visiting Tinubu on Sunday at his residence in Lagos where he is on holiday.
The governor, however, said if Nigerians are patient with the economic policies of the president things would get better in the country.
“Those policies are good but they come with their negative sides. They come with challenges for an economy where over 60 percent of the population are living below the poverty line.
“So it is not going to be easy immediately, but I believe that if we are patient and go through the policies without compromising that over time, things will turn around.
“He came in at a very difficult time when inflation was close to 30 percent. The debt, the national debt, almost $40 billion, unemployment, close to 33.3 percent.”
Otti stated that the management of the economy at that time was also a bit challenged at that time with almost N34 trillion printed in what was described as ‘ways and means’.
He said anyone that understands how the economy works, will agree that it is a very difficult challenge.
Also, Otti praised Tinubu for having the courage to remove subsidies on premium motor spirit (PMS) and unify the exchange rate.
“The President has been very courageous, unifying the exchange rate and removing fuel subsidy which had become a scam and costing the nation a lot of money.”
