As Bola Tinubu commemorates one year in office, experts have assessed the current administration’s economic performance.
Bismarck Rewane, the Managing Director/Chief Executive Officer of Financial Derivatives Company Limited, along with Development Activist Nkoyo Toyo, Oil and Gas Expert Wisdom Enang, and CEO of Flame Academy & Consulting Limited Orji Udemezue, participated in a special broadcast on Channels Television to mark this milestone.
They provided insights into the removal of fuel subsidy and its implications on various economic indicators such as inflation, Gross Domestic Product (GDP), and more.
Orji praised Tinubu’s economic policies rolled out so far, but has an issue with the timing of the measures.
He said, “I will suggest average, I won’t say fabulous. the intentions have been good but the timing of the policies has not been right. The management of those policies is not quite okay.”
Enang shared a similar view, saying Tinubu inherited a nearly collapsed economy from the previous administration.
“Above average,” he said. “The President inherited an economy that was almost failing completely.”
For Rewane, the efforts by the President to stabilise the economy are quite commendable.
When asked to rate the administration within the past year, he said: “Average, his efforts are commendable.”
He, however, decried the inflation rate in the country, describing the situation as deteriorating.
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