Dangote gets strong backing over monetary, fiscal policies in Nigeria, see details

  • Peter Obi has lamented that the alleged harsh economic policies of authorities in Nigeria have negative effects on the monetary and fiscal sides
  • Obi said the policies have continued to slow down Nigeria’s economic growth, drive multinationals out of the country, stifle our small businesses, and discourage the inflow of foreign direct investment
  • The presidential hopeful stated that the country needs to “reverse course and only initiate policies that can lead to growth and the birth of a new Nigeria”

Legit.ng journalist Ridwan Adeola Yusuf has over 9 years of experience covering public journalism and governance.

FCT, Abuja – Peter Obi, the presidential candidate of the Labour Party (LP) in the 2023 election, has said Aliko Dangote, Africa’s richest person’s recent outcry against the current interest rate of 30%, underscores his (Obi’s) cry in February on “the negative effects” of the monetary policy of the Bola Tinubu administration.