The vice-president-elect and a Former Governor of Borno state, Kashim Shettima has asserted that the starting point of the incoming administration led by Bola Ahmed Tinubu might not be rosy. He stated that some issues like the "oil subsidy and multiple exchange rates system" is a drain on the national economy.
According to a report from Sahara Reporters, Kashim Shettima made his statement during the 2023 Presidential Inauguration Public Lecture that was held at the National Mosque in Abuja. Shettima noted that the incoming Tinubu-led administration does not have the luxury of time as the challenges facing the country is numerous.
In his words - “The starting point might not be rosy, let me be very honest with you. The oil subsidy has become an albatross around our necks. The multiple exchange rates system is a drain on the national economy and creates a dual economic system.
“There are certain decisions that the new administration will take, but in the fullness of time, Nigerians will come not only to appreciate but also to celebrate us".
[ Extracts From Sahara Reporters ]
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