Former President Olusegun Obasanjo has criticized President Bola Tinubu's policies on fuel subsidy removal and exchange rates, stating that they have had a negative impact on the Nigerian economy.
In a statement released by his media aide, Kehinde Akinyemi, Obasanjo assessed the current government's performance over the past year, highlighting the adverse effects of these policies.
He expressed concerns that the implementation of these policies has driven foreign investors away from Nigeria and emphasized the need for the government to instill confidence and trust in investors.
Obasanjo stressed the importance of production, productivity, and a change in leadership attitude to regain investor confidence and facilitate economic progress.
He also emphasized the need for consistency and transparency in government policies to incentivize both domestic and foreign investment.
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