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Economic Hardship: Nigeria Going through Inevitable Pains – Gov. Soludo | METROWATCH

Seyi Babalola by Seyi Babalola
March 18, 2024
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soludo

*Governor Charles Soludo

By Seyi Babalola

Governor Chukwuma Soludo of Anambra State feels Nigeria’s difficult economic position is an “inevitable” period for the country’s progress.

Soludo said this during an interview on Channels Television’s Sunday Politics.

Recall that Nigeria’s inflation rate surged to 31.70 percent in February, as the cost of living skyrocketed following the withdrawal of fuel subsidy and the floating of the naira.

Reacting to the development, Soludo said this is a phase needed before the country begins to flourish.

He said, “You see, sometimes, I kind of feel we don’t get it.”

On the nation’s economy, Soludo likened the country’s situation to a patient undergoing treatment.

He said, “But whether there will be pains for any step you take or the other, it is going to be. It is inevitable. But that is obviously what we need to pass through,” he said, maintaining that President Bola Tinubu inherited a bad economy upon assumption of office in May 2023.

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“We must realise that things were really bad. We must get it clear that there is no easy way to get this patient who has multiple problems [to become better],” Soludo added.

Tags: AnambraChukwuma Soludo
Seyi Babalola

Seyi Babalola

Experienced Communications Expert and Journalist with an excellent track record of overseeing every aspect of news publishing from research, news collection/sourcing, editing and distribution. Adept at planning and implementing strategic initiatives across PR, broadcast and digital marketing to attract the target audience. Versatile and proactive individual with interest in public relations, media management, and Fact Checks.

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