Abia State governor, Alex Otti, after visiting Tinubu at his residence in Lagos said that President Bola Ahmed Tinubu came to power at a very difficult period in Nigeria.
Otti however, said if Nigerians are patient with the economic policies of the president things would get better in the country.
โThose policies are good but they come with their negative sides. They come with challenges for an economy where over 60 per cent of the population is living below the poverty line.
โSo it is not going to be easy immediately, but I believe that if we are patient and go through the policies without compromising that over time, things will turn around.
โHe came in at a very difficult time when inflation was close to 30 per cent. The debt, the national debt, almost $40 billion, unemployment, close to 33.3 per cent.โ
Otti stated that the management of the economy at that time was also a bit challenged at that time with almost N34 trillion printed in what was described as โways and meansโ.
He said anyone that understands how the economy works, will agree that it is a very difficult challenge.
Also, Otti praised Tinubu for having the courage to remove subsidies on premium motor spirit (PMS) and unify the exchange rate.
โThe President has been very courageous, unifying the exchange rate and removing fuel subsidies which have become a scam and cost the nation a lot of money.โ
