The government inherited a terrible economic situation, there is no quick fix – Oshiomhole

Adams Oshiomhole, the Senator representing Edo North and a prominent member of the All Progressives Congress (APC), has commented that the administration led by Bola Tinubu inherited a deeply challenging economic situation. Oshiomhole made these remarks during a conversation with journalists following a meeting with Vice-President Kashim Shettima at Aso Rock on August 15, Tuesday.

Having previously served as the governor of Edo State, Oshiomhole emphasized that the economic difficulties currently faced by the nation cannot be swiftly resolved. He acknowledged that there are no simple solutions to the complex economic issues that Nigeria is presently grappling with.

“The issues of the economy is work in progress. There is no quick fix. The government inherited a terrible economic situation. Everybody knows it. The government inherited an economy in which our total national revenue was barely enough to service our debt burden. Nothing can be worse. But they came determined that they will have to do business unusual; to arrest the drift; stabilise the economy and then begin to move forward. Some painful decisions are necessary. It is like any of us that has been unfortunate to have an ailment that requires surgery. If you want to pretend, you can be applying vaseline, perfumes, creams and wear babariga to cover all the manifestations of that disease. But a trained doctor that believes in the ethics of medicine will tell you that you need a surgery.” he said