Uche Uwaleke: CBN Increasing MPR To 22.75% Is Overkill, Can Distort Economy
He also claimed that GDP rose from 2.54% in Q3 of 2023 to 3.46% in Q4 because the MPC didn’t meet to jack up rates.
He also claimed that GDP rose from 2.54% in Q3 of 2023 to 3.46% in Q4 because the MPC didn’t meet to jack up rates.
“As time goes on, we would definitely harmonize ourselves because at the end of the day, we are going to the same destination.”
He said the overall objective is to reduce the cost of governance, with a second goal being revenue generation.
“Investigations have been conducted and it has been found that there is no merit to those allegations.”
“Freeing the market is the right thing to do…inflation is high and all that, but my advice is to stay the course.”
He said the loan is taking effect as it helps to stabilize the financial system and acute FX shortage
The BASA agreement we signed with the UK is clear that each party will be given access to primary airports.
“We should not cast aspersions on people for a situation that we saw coming.”
“I don’t think that anybody should just wake up and do something contrary to what the party has set down and seek to get that validated.”
“The other factional primaries that took place, I would see it as cosmetic,” he said.
“We should realise that the naira is tumbling because we have not been producing for years.”
“We strongly believe that the key success factor for our mandate is transparency and accountability.”
He urged the NWC to replace Hope Uzodimma as chairman primary election committee.
The Tingo Group founder was charged by SEC with securities fraud, conspiracy, and making false filings.
Reacting to the issue of state policing, he said it would help in fixing the country only if they are excluded from political activities.
He called on President Tinubu to concentrate on tackling issues at hand, rather than play the blame game.
“We need to ask, why did he go back after they had sought to poison him?”
“They hurriedly came up with figures, written on a mere piece of paper and read out. It’s all fraud and they are democracy assassins.”
He said rather, the National Assembly and state executives should lead by example and reduce their budget.
President Tinubu removed fuel subsidy without consulting
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