Tinubu doing needful to revamp terrible economic situation inherited from Buhari – Oshiomhole

The senator representing Edo North Senatorial District, Adams Oshiomhole, says the government of President Bola Tinubu inherited a terrible economic situation.

Oshiomhole disclosed this to journalists on Tuesday, shortly after meeting with the Vice President, Senator Kashim Shettima, behind closed doors at the Presidential Villa in Abuja.

According to the former National Chairman of the ruling All Progressives Congress (APC), some of the decisions taken by the current administration are the first step towards revamping the economy.

He added that President Tinubu and his deputy had shown courage and determination to stop the corruption of the subsidy regime and in the Central Bank of Nigeria (CBN), while appealing to Nigerians to be patient.

“The issues of the economy is work in progress. There is no quick fix. The government inherited a terrible economic situation. Everybody knows it,” he said.

“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.”