…Says President can’t fix Nigeria even in 40 years
The candidate of the Social Democratic Party (SDP) in the 2023 presidential election, Prince Adewole Adebayo, has condemned President Bola Tinubu’s neo-liberal economic policies.
Adebayo in a statement issued on Thursday said the President would not achieve anything even in the next 40 years.
“The main primary objective of a monetary policy in a neo-liberal economy is to achieve full employment. Have they done that? They have not. That is the problem. So, they are not going anywhere. You can give them 40 years but they are not going anywhere,” he said.
He blamed the All Progressives Congress (APC) government of President Tinubu for lacking economic policies capable of getting Nigeria out of the woods.
Adebayo said: “The essence of coming is to tell us what you want to do. Dodging debate is not an economic policy. Ba la blu, bu la ba and all those blabbing is not an economic debate. They did not articulate what they wanted to do.
“They did not understand the implications of the decision they were taking. They do not have the executive capacity to run a neo-liberal economic setting. You can run it, it is an alternative.
“You have to first come to power on the merit of your ideas, not on the number of bullion vans you can summon over the weekend.
“You have to support people based on their capacity not because you become a political contractor and they give you N2 billion, N3 billion to go and do media work, then you follow them.”
He lamented that instead of running a government for the benefit of Nigeria, the current leaders are doing business with Nigerians.
“They are not running the country. They are just doing business. Occasionally they get distracted with governmental duties but their primary duty is business and they think, that is why they are trying to run petroleum industry rather than have a regulatory framework.
“They are not running the economy. They are not running government. They don’t see you and I as citizens, they see us as customers. They are mercantile in their approach. They see you as customer since they can get extra money from you by hoarding petrol.
“I can get extra money from you by underfunding public education. So, they are not willing to do anything because they are not ready to comply with chapter 2 of the Constitution which stipulates how governance should be done in Nigeria.”
