APC fires back at Obasanjo for criticising Tinubu’s economic reforms, says he’s suffering from old age

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The ruling All Progressives Congress (APC) has strongly criticized former President Olusegun Obasanjo’s remarks concerning the present administration’s dealing with of ongoing reforms and the current coup d’état in Niger Republic. Obasanjo had expressed his disapproval of President Bola Tinubu’s implementation of the elimination of gasoline subsidy and the floating of the naira.

In current months, Nigerians have been grappling with rising prices of meals objects and heightened inflation, which many attribute to those financial insurance policies. Regardless of acknowledging the need of those reforms, Obasanjo argued that they had been executed poorly.

Obasanjo’s criticisms had been conveyed by way of a press release launched on Sunday by his Particular Assistant on Media, Kehinde Akinyemi. He asserted that whereas the insurance policies initiated by Tinubu had been important, their implementation left a lot to be desired. Obasanjo’s feedback have sparked a major response from the APC, defending the present administration’s method and choices.

The APC’s rebuttal of Obasanjo’s criticism highlights the continued political debate in Nigeria over the path and effectiveness of the federal government’s financial methods amid widespread public discontent.

The ex-President, in accordance with the assertion, spoke in Abuja on the weekend at a colloquium tagged: “Nigeria’s Improvement: Navigating the Method Out of the Present Financial Disaster and Insecurity.”

“In the present day, the federal government has taken three choices, two of that are mandatory however wrongly applied and have led to the impoverisation of the financial system and of Nigerians. These are the elimination of subsidy, closing the hole between the black market and official charges of alternate and the third is coping with a navy coup in Niger Republic,” Obasanjo mentioned.

It was the primary time he could be overtly criticising Tinubu, whom he didn’t assist to develop into President.

However reacting on Monday, the APC Nationwide Director, Bala Ibrahim, faulted Obasanjo, whom he described as a serial critic.

Ibrahim mentioned that he feared the previous President is perhaps manifesting indicators of previous age.

He mentioned, “As a Nigerian and somebody who respects Obasanjo, I believe senility is starting to come back in. Obasanjo is starting to manifest the signs.

“Ever since he misplaced the bid to have a 3rd time period in workplace, he has constantly attacked each regime that comes after him. He sees himself as the one one who meant nicely for Nigeria from independence thus far. He thinks he’s the very best and each different chief is unhealthy. And this isn’t good for a statesman. No person has monopoly on data or type of management.

“Obasanjo has been constant in his criticisms of individuals in management positions other than himself. So, this isn’t an remoted case. President Bola Tinubu shouldn’t be the primary to be attacked by Obasanjo. Buhari and Jonathan had been additionally victims of his criticisms. He himself didn’t fare higher when he was the chief. In truth, Obasanjo superintended the balkanisation of the Nigerian financial system.

“How can he say somebody who’s making an attempt to place the financial system on a greater pedestal shouldn’t be doing the correct factor? I’m not a spokesman for Tinubu. Despite the fact that the get together has mentioned him to my data, I virtually really feel Obasanjo has erred as he has at all times been doing.”