- Amaechi’s comments further exposed the cover-up that has followed Buhari’s widely condemned approach to the country’s economy…
Minister of Transportation, Rotimi Ameachi has been caught on tape admitting that President Muhammadu Buhari has always ordered the Central Bank of Nigeria to keep printing money since 2015.
Buhari vowed to revamp the Nigerian economy in his campaign promises, but has been criticised for worsening the economic situation over the past six years of his administration.
Read also: Minimum Wage Was More Than $125 In 1981, Today It Is Less Than $60 – NLC
Peoples Gazette reports that prior to the 2019 general election in which Buhari was re-elected, Amaechi while speaking with journalists, disclosed that they swore an oath never to publicly admit to Nigerians that the government was on a printing spree of the national currency.
“And most of you didn’t know at the time we took over, most Nigerians don’t even know because we have sworn to an oath not to tell anybody we were printing money,” Amaechi said.
“Do you know when a country prints money? When it has no money at all,” he said. “We were just printing money to pay debt.
YOU MAY ALSO LIKE
- Go Ahead, Report Me To Pope – Fr. Mbaka Dares APC
- Akwa Ibom INEC Office Attack May Threaten 2023 Polls – Official
Amaechi’s comments further exposed the cover-up that has followed Buhari’s widely condemned approach to the country’s economy, as millions of citizens continue to plunge into poverty.
Nigeria has since emerged as the country with the highest number of poor people in the world. The country also has the poorest electricity supply and the second country with the most jobless people worldwide.
Earlier this year, renowned credit rating institution Fitch said the Nigerian central bank under Buhari has been printing money at an alarming rate, warning that such tactics could engender additional economic woes for the country’s 200 million people.
Discover more from EkoHotBlog
Subscribe to get the latest posts to your email.
Advertise or Publish a Story on EkoHot Blog:
Kindly contact us at [email protected]. Breaking stories should be sent to the above email and substantiated with pictorial evidence.
Citizen journalists will receive a token as data incentive.
Call or Whatsapp: 0803 561 7233, 0703 414 5611