Obiageli Ezekwesili, former minister of education, has commended President Bola Tinubu’s administration for getting macroeconomic stability.
Ezekwesili spoke on Saturday when she appeared on ‘60 Seconds with Kay’, a TV programme by News Central.
“The only thing we can give to them is that we are getting a hold of macroeconomic stability,” she said.
“For example, the volatility we have with foreign exchange rates is quieter because they are abiding by market principles for FX policies.
“Inflation, even though they then used the methodology to crash it in terms of the numbers, the real thing is that the cost of living for the average citizen is still pretty high.
“By the way, that inflation that spiked did not have to happen, it was a poor management of combination of policies that led to that runway kind of inflation that we have.”
The former
This post was originally published on this site.
