Senator Sunday Karimi (APC – Kogi West) has urged Nigerians to exercise patience with the Bola Tinubu administration, saying the president inherited the worst economic situation in Nigeria’s history.
The senator said this at an event on Monday in Igbaruku-Okeri, Yagba West Local Council area of Kogi State.
Like Karimi, Tinubu and his predecessor, Muhammadu Buhari, belong to the All Progressives Congress (APC).
However, this did not prevent the senator from painting a gloomy picture of the economy inherited by Tinubu.
He said, “The administration inherited the worst economic challenges so far in the anal of the country. The President’s long-term vision, driven by proactive policy towards achieving sustainable economic recovery, is slowly yielding fruits.
“The government of President Tinubu inherited a bad, in fact the worst situation, so far. Tinubu met the average gross domestic product (GDP) growth rate of 1.8 percent. The four years average preceding the administration of Tinubu was 15.1 percent.
“Nigeria was so bad that government printed money without activities to back it up. It is still our government, the All Progressives Congress(APC). We admit that. Nigerian Naira was almost turned to paper, where one US Dollar equated to N1,900, but the Tinubu’s government is not resting on its oars.
“It is working tirelessly every day to find solutions to the problems. Today, one Dollar equals N1,300. Port Harcourt refinery is back; Warri refinery is back. With patience with President Tinubu, we will live to see the Nigeria of our dream, in the short-term.”