Economic Hardship: Borrow A Leaf From Zimbabwe, Obasanjo Advises Nigerian Govt
Olusegun Obasanjo

Economic Hardship: Borrow A Leaf From Zimbabwe, Obasanjo Advises Nigerian Govt

March 5, 2024
1 min read

Former President Olusegun Obasanjo has advised the Nigerian government to take a cue from Zimbabwe in tackling the current economic challenges marked by high inflation rate.

Obasanjo gave the admonition while speaking during a Youth leadership symposium held at the Olusegun Obasanjo Presidential Library in Abeokuta, Ogun State, as part of activities to mark his 87th birthday.

Join our WhatsApp Channel

He insisted that the manner in which Zimbabwe successfully tackled its hyperinflation in recent times, calls for Nigeria to approach the government of the southern African country for guidance on how to bring down its inflation which is currently put at 29.9 per cent.

READ ALSO:

Obasanjo urged Nigerians to continue to demonstrate courage in the face of the current circumstances, emphasizing that the strong must persevere through difficult times.

He added that the economic hardship will not be permanent, hence the need to be patient and courageous.

“Committing suicide is not the end of any problem, confront it and take it to God because he could do anything.

“Zimbabwe had this problem recently. Shouldn’t we ask them how they did it even if our approach will be different?

“Even if whatever we shall be doing will be different, we can ask questions to navigate our way out,” Obasanjo stated.

victor ezeja
Correspondent at  |  + posts

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Latest from News

Buhari To Be Buried Tuesday 

Buhari To Be Buried Tuesday 

Former President Muhammadu Buhari will be buried on Tuesday, July 15, in his hometown of Daura, Katsina State, according to Islamic rites, officials have confirmed. Katsina State deputy governor Lawal Jobe gave the confirmation

Don't Miss

Tinubu’s Reforms Won’t Achieve Success Overnight – Buhari

Tinubu’s Reforms Won’t Achieve Success Overnight – Buhari

Immediate past president of Nigeria, Muhammadu Buhari, has