Businessman Criticizes Nigeria's Economic Decline Over Past 20 Years
Businessman Gbenga Hashim expressed concerns about Nigeria's economic performance, noting a decrease in GDP compared to 20 years ago. He cited official economic data to argue that the country's fiscal and monetary management had not kept pace with population growth and development needs.
Hashim compared GDP figures under former presidents like Olusegun Obasanjo and Goodluck Jonathan to the current GDP under Bola Tinubu, highlighting a significant regression. He also criticized Tinubu's infrastructure legacy in Lagos State, contrasting it with Ibrahim Babangida's achievements.
Hashim challenged members of Tinubu's economic management team, including the Governor of the Central Bank of Nigeria and the Finance Minister, to provide transparent explanations for the GDP contraction, currency instability, and inflation. He called for a public debate on economic issues to ensure accountability and transparency.
Plus234Feed summary based on reporting from Daily Trust. Read the original report below.
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