Anambra State Governor, Charles Soludo, has boldly asserted that President Bola Tinubu's administration inherited a "dead economy." This proclamation came during an insightful interview on Channels TV's Politics Today, where the former governor of the Central Bank of Nigeria (CBN) delved into the complexities of the naira-dollar exchange.
Soludo pinpointed a critical issue, accusing the apex bank of illegally printing money, in direct violation of the 2007 Act governing the financial institution. He highlighted the explicit clauses aimed at preventing reckless lending to the federal government and the subsequent violation of these regulations by the Central Bank.
Soludo emphasized that the current administration inherited a dormant economic landscape, portraying it as a "dead horse" unnoticed by many.