Oshiomhole chides Buhari over current state of Nigeria’s economy
In what seems to be a clear indication that all is not well within the All Progressives Congress (APC) family, particularly, between the the present and immediate past Presidents, a staunch and vocal supporter of the current leadership of Bola Tinubu and firmer Edo State Governor, Adams Oshiomhole has accused the immediate-past President Muhammad Buhari during his time in the country’s saddle of printing N31trillion for the purpose of sharing them under the ways and means policy of the then Central Bank of Nigeria .
Dropping the bombshell while peaking at the Progressives Governors Forum’s meeting and interactive session in Benin, the Edo State, on Saturday, the former governor who is now the Senator representing Edo described the financial indiscretion under Buhari as similar to what transpired in Zimbabwe and Uganda under the junta government of Idi Amin.
Senator Oshiomhole who was forced out of office as the National chairman of APC under Buhari attributed the present collapse of the naira to the financial misjudgement.0
“We are coming from a country that was almost like Zimbabwe or Idi Amin’s Uganda where he asked the Central Bank governor ‘go and print more money for us to share to the people’. And the governor said, ‘if we print more money, Uganda currency will be like a sheet of paper’.
“This is what the immediate past CBN governor was doing. In the Senate, we have the record that they printed over ₦31 trillion which they called Ways and Means,” he alleged.
“You know when the government wants to deceive people they use jargon. They called it Ways and Means but I can tell you what it means: it means a situation in which the government prints banknotes, not based on what we have earned or any resources, just print banknotes to go and share to the people to meet their money illusion,” the firmer Labour leader revealed.
Continuing with his attack, the Senator bitterly noted, “Nigeria was borrowing every day the way fish drink water.”
According to him, the now Tinubu administration has now assumed the responsibility of paying back the loans for the good of Nigeria.
Meanwhile, reactions have trailed Oshiomhole’s criticism with some recalling that he kept mute when his political son turned enemy and immediate past governor of Edo State, Godwin Obaseki was under fire from APC members for revealing the same truth at that time.
