Former minister of Information, Oby Ezekwesili, has criticized the president of Nigeria, Muhammadu Buhari, over his economic policies that have taken the country steps backwards.
Said Oby at Abuja today:
“During the first coming of this our new president, a command and control economic system was adopted. During that era, inflation spiralled. During that era, jobs were lost. During that era, the economic growth level dipped. That era wasn’t the best of eras in economic progress.
“What did not work in 1984 cannot possibly be a solution in a global economy that’s much more integrated? In over one year, the president is still holding to the premise that command and control is the only way out.
“In a year we have lost the single digits inflation status we maintained in past administrations. The President should sit with his team and look at the economic evidence that speaks loudly. It’s time to sit back and review the well-intended idea of command and control economic principle. He should do what the Americans say that if it ain’t broken, don’t fix it.”