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Oyo State Aide Defends Makinde Against Economic Blame

Politics
Oyo State Aide Defends Makinde Against Economic Blame

Dr Sulaimon Olanrewaju, the Special Adviser on Media to Oyo State Governor Seyi Makinde, issued a statement rejecting allegations from a Campaign Organisation that blamed Governor Makinde for the economic hardships faced by Nigerians. Olanrewaju argued that these difficulties stem from national economic policies and macroeconomic conditions, which are beyond the influence of individual state governments.

He emphasized that the current economic situation is a result of national policy choices affecting the fiscal environment across Nigeria. Key factors such as the naira's depreciation, the removal of the petrol subsidy, and rising inflation have diminished the purchasing power of Nigerians.

Olanrewaju also criticized the notion that increased allocations from the Federation Account equate to improved economic wellbeing, stating that inflation has eroded the real value of these funds. Furthermore, he addressed the issue of local government autonomy, clarifying that it is a constitutional matter involving multiple levels of government and should not be attributed to Governor Makinde.

Plus234Feed summary based on reporting from Nigerian Tribune. Read the original report below.

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