The President of Nigeria’s Senate, Godswill Akpabio, has blamed the current hardship in the country on certain monetary policies and actions implemented by the former CBN governor, Godwin Emefiele.
Akpabio who was speaking on Sunday in a function in Abuja said Emefiele left multiple debts and economic mess for the current administration.
According to the former governor of Akwa Ibom State, the government is presently deliberating which allegations to prosecute Emefiele for, considering his numerous misconducts during his tenure as CBN governor.
He said:
“The kind of debts and economic mess that we are in, a lot of people do not understand. President Obama said you cannot know Washington until you get to Washington, so by the time we went in to look at the economic situation of the country, It was terrible.
“So you know the Former Governor of Central Bank, we don’t even know what to charge him with.
“The hunger in the land is because of the kind of Policies and actions that they took.
“We are battling to make sure that Nigerians can sleep with their eyes closed. We are battling to ensure that Nigerians can afford three square meals in a day.”
Nigeria is currently battling with a rising inflation rate of 29.90% and food inflation rate of 34.41% according to the Nigeria Bureau of Statistics (NBS).
The president who recently met with 36 governors to address the issue of economic hardship and insecurity said his administration will not resort to food importation as it promotes rent seeking and corruption.
Meanwhile, the president announced the release of 40,000 tonnes of grain to crash the prices of food items in the market.
“The first one is that the Ministry of Agriculture and Food Security has been directed to release about 42,000 metric tons of maize, millet, garri, and other commodities in their strategic reserve so that these items will be made available to Nigerians; 42,000 metric tons immediately,” he told reporters.
“The second one is that we have held meetings with the Rice Millers Association of Nigeria. Those who are responsible for producing this rice and we have asked them to open up their stores.
“They’ve told us that they can guarantee about 60,000 metric tons of rice. They will make that available to Nigerians; to bring out to the market to make food available,” the president said.
Are these guys serious or just acting foolish.
Tinubu, akpabio & all of apc are just bundles amd bunch of criminals,
Is it not the same tinubu who connived with buhari to send emefiele to do what he did, why are tinubu and buhari walking free when they’re the real criminals.
Tinubu is only interested in implementing the policies and commands of the evil IMF and World Bank to impoverish the country while stupid and foolish men in police and army uniforms run around to do his evil bidding amd then go back to stand on major roads to beg alms from the same people you deny them of their constitutional rights.
Why is insecurity, poverty, hunger on the rise in Nigeria?
Why is the cost of food prices and transportation increasing everyday?
Why are you trying to stop freedom of speech and expression?
Why is apc in power when in truth we all know you never won the election?
Why are all your policies wrong and not to the benefit of the populace?
It’s high time, tinubu, akapbio and all criminals in apc are apprehended and asked to leave the seat of power they have corruptly claimed for themselves and allow competent and honest men take over the helms of affairs to bring the country back to the right track then most importantly take the prices of everything back to the normal prices while also ensuring the exchange rate is fully resolved to make the Naira gain back its weight.