L
LequteMan
Guest
Senator Matthew Urhoghide (Edo South) has complained bitterly about the state of the country's economy, saying the current administration is doing a poor job in governance.
“How can I be satisfied with the way the economy is being managed? No right thinking Nigerian will be satisfied. Even the illiterates that are in the market places are not satisfied because what it does is that it puts negative effect on everything that is monetary which touches every facet of our life”.
According to him, the continued depreciation of the naira has caused a negative ripple effect on the nation's economy.
"It only means today, that the way with which the Jonathan administration or previous administrations managed the economy is completely unknown to this present administration," he said.
“That is why even when they said market forces will determine, we are talking of what we know in basic economy, supply and demand; but now things have gone haywire. It tells you that this whole business about governance cannot be pursued from the platform of ignorance and very wrong assumptions.
“The states have become a bit rudderless because of the people who do not have expert advice and deep knowledge of management of the economy of a state or country. That is what we are faced with” he said.
Daily Independent
“How can I be satisfied with the way the economy is being managed? No right thinking Nigerian will be satisfied. Even the illiterates that are in the market places are not satisfied because what it does is that it puts negative effect on everything that is monetary which touches every facet of our life”.
According to him, the continued depreciation of the naira has caused a negative ripple effect on the nation's economy.
"It only means today, that the way with which the Jonathan administration or previous administrations managed the economy is completely unknown to this present administration," he said.
“That is why even when they said market forces will determine, we are talking of what we know in basic economy, supply and demand; but now things have gone haywire. It tells you that this whole business about governance cannot be pursued from the platform of ignorance and very wrong assumptions.
“The states have become a bit rudderless because of the people who do not have expert advice and deep knowledge of management of the economy of a state or country. That is what we are faced with” he said.
Daily Independent
