Palliatives introduced by Tinubu is “limited thinking” – Peter Obi

Palliatives introduced by Tinubu is “limited thinking” – Peter Obi

 The presidential candidate of the Labour Party, Peter Obi,
has said the recent palliatives introduced by the Federal Government is as a
result of “limited thinking,” noting that they are temporary solutions.

 

He made this known while speaking in an interview on Arise
TV’s The Morning Show on Monday.

 

Obi said, “If you look at what this country has been doing
since inception, you could see announcements with limited thinking. Which again
produces limited outcome.”

When asked if he would be willing to work with the current
government, he said, “We are at the point where we are challenging the process
and that has to come to a logical end before any other thing. Even being in the
opposition is part of building the government.”

 

Obi also reiterated that fuel subsidy is an organised crime.
“My approach would be to remove the corruption and criminal side of it.”

 

On the volatility of the naira, Obi advised, “What you
should have done is devalue the currency while trying to manage the supply by
making sure you deal with issues that control the exchange rate. Which is the
reserve. And what controls your reserve is your export. Especially, oil and
other minerals. Encourage (export of) those things and then deal with issues of
foreign exchange while trying to manage what you have.”

Source: Palliatives introduced by Tinubu is “limited thinking” – Peter Obi

 - NigerianEye
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