Hardship: Our economy in tatters – Ned Nwoko gives reason Tinubu’s policies won’t work
Hardship: Our economy in tatters – Ned Nwoko gives reason Tinubu’s policies won’t work. The senator representing Delta North senatorial district in the Nigerian Senate, Ned Nwoko, has insisted that no economic policy would work in the country as long as Nigeria continues to allow use of different currencies. The lawmaker stated this during Wednesday’s edition of Channels Television’s Politics Today, noting that the economy is currently in tatters. The Senator said that Nigeria is the only country where multiple currencies are being used concurrently, thereby making the local currency valueless. “Our economy as it is, is in tatters. It is in some kind of quagmire. It doesn’t matter how you look at it or policies you’re trying to introduce here and there, nothing will work,” the lawmaker said. “Nothing will work as long as we keep tying the exchange rate to our consumption. When we became an independent nation we had naira and our currency was quite strong. “Then suddenly, we...