- Policy Of Floating Naira A Mistake, Wasn’t Thought Through
The administration of President Bola Ahmed Tinubu has again come under scathing attack by another critical and important figure in the country.
This time, the criticism of Tinubu’s Administration is coming from no other than a former Governor of Cross River, Donald Duke.
The Matrix reports that Duke and Tinubu served as governors of Cross Rivers and Lagos states respectively when democracy returned to the country in 1999.
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Duke tasked the President to hold security agencies responsible, reform the judiciary, and address the economy with local indigenous solutions, far from those of the Bretton Woods system.
He disclosed that it is a failure of leadership for President Bola Tinubu to buy a new presidential jet and yacht when Nigerians are going through perhaps the worst economic crisis the country has faced since its independence.
Duke gave the criticism while appearing as a guest on Inside Sources with Laolu Akande, a socio-political programme aired on Channels Television on Friday.
“There is no glamour in saying your people are going through hard times. It’s a failure of your leadership. If I’m the head of a family, I want my family to have everything. I don’t want life to be difficult for them.
“If life is difficult then I feel I’ve failed to provide for them or do the things I ought to have done. I’d ask him (Tinubu) to see the Nigerian nation as his family. What is good for his family is good for the nation,” the former governor said.
“Buying a new aircraft or yacht or living large is a failure. You can’t have kids who are hungry and you are living lavishly, going to parties and wearing the biggest agbada.”
Duke, the governor of the South-South state between 1999 and 2007, said the recent #EndBadGovernance nationwide protests by hungry Nigerians showed that the President has not been a good father to Nigerians.
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The former governor said, “A protest is like your kids coming to tell you that ‘Daddy, I am not happy with you. You have failed to do this and do that for me’.
“I’d ask him (Tinubu) to rethink a number of things that are going on and test his policies. The policy of floating the currency was a mistake because it wasn’t thought through.
“The largest pressure on the Nigerian currency is the importation of fuel, and the way it is being done, it is fuelled by corruption. So, we are paying the price for it.”
