Business

Soludo insists Tinubu’s administration inherited dead economy, accuses CBN of illegality

The Governor of Anambra State, Professor Charles Soludo, has once again reiterated that President Bola Tinubu’s administration inherited a dead economy from its predecessors.

This assertion was made known by Soludo while featuring on a Channels Television programme, Politics Today, on Thursday, November 23, 2023, where he was commenting on the policies of the Central Bank of Nigeria (CBN).

Soludo, who said people did not know the economy was dead, noted that the country is facing humongous challenges which Nigerians need to understand.

Soludo during the interview said,

Soludo, while explaining his role in putting curbs on monetary structures when he headed the apex bank between 2004 and 2009, accused the CBN of illegally printing money.

Soludo, who was also a former CBN Governor said,

He maintained that the CBN failed to comply with the 2007 CBN Act, adding that the current monetary trajectory was avoidable in the first place.