Abia North Senator, Orji Uzor Kalu, has urged the Tinubu-led government not to adopt all the recommendations of the World Bank and IMF, stating that most of them are wrong
Kalu made this known on Monday while addressing a gathering at the Arochukwu Local Government country home of Chief Sunday Ugwa and was contained in a statement by his media aide, Kenneth Udeh, in Abuja.
Kalu said Tinubu was right not to have accepted the economic policy prescriptions of the World Bank and IMF.
He further added that no president in the history of Nigeria has implemented the kind of decisions Bola Tinubu is taking, fuel subsidy removal inclusive.
His words,”We need to redefine governance models in Africa and some third world countries.
“We must not accept all the recommendations of the World Bank and IMF, most of them are wrong.
“We must use homegrown policies to solve our economic problems, because the majority of our problems are caused by local issues.
“The kind of decisions Tinubu has been taking are the ones no President in the history of this country dared implement, but we all know deep within ourselves that those decisions are inevitable if we truly want to prosper as a nation.”
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