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Tinubu Inherited Current Economic Hardship, Interventions Ongoing — Finance Minister



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On Tuesday, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, accused the administration of former President Muhammadu Buhari of being the cause of the current economic hardship plaguing the nation.

News About Nigeria reports that the minister said this in response to Nigerians who are lamenting the hardship they are currently suffering, ranging from the increase of prices of food items to the continuous fall of the naira against the dollar which as of today hit N1,820 per dollar.

Speaking at the Public Wealth Management Conference in Abuja today, the Minister noted that though President Bola Tinubu’s government inherited the rising prices of food and general commodities from the previous administration, it is doing what it can to bring down the prices of food.

He further noted that it is not proper to continue to blame the President Tinubu-led government for what they have no hands in but have been working tirelessly since they assumed office to ensure that they stabilise the economy.

He further noted that the current administration is also working towards bringing an end to the continuous soaring inflation rate in the country.

The minister of finance further noted that the Federal Government is fully aware of the sufferings of Nigerians and is working out ways to alleviate their sufferings.

He therefore revealed that one of the ways through which the current administration wants to help Nigerians in the face of the current economic realities is the release of forty-two thousand metric tonnes of grains and another sixty thousand metric tonnes.