Soludo : Tinubu inherited dead economy

Anambra State Governor, Charles Soludo, has asserted that President Bola Tinubu’s administration inherited an economically challenging situation, describing it as a “dead economy.”

Soludo, during an interview on Channels TV’s Politics Today, linked the current decline of the naira to past violations of the Central Bank’s establishment law.

He criticized the previous management for granting trillions in unbacked financing, breaching legal restrictions and contributing to the current economic challenges.

Soludo argued that, from a macroeconomic perspective, the Tinubu government took charge of an economy that was already beyond recovery before assuming office.