Hope Uzodimma Exposes Fuel Subsidy Beneficiaries and Forex Discrepancies
Governor Hope Uzodimma of Imo State has brought to light the beneficiaries of fuel subsidy and foreign exchange disparities during the tenure of former President Muhammadu Buhari.
Speaking on Channels Television’s Sunday Politics, Uzodimma pointed fingers at influential cabals and deities, alleging their involvement in manipulating critical economic events before President Bola Tinubu’s suspension.
Blaming Cabals for Socioeconomic Challenges
Governor Uzodinma squarely placed the blame on these cabals for the country’s socioeconomic troubles.
He emphasized that actions taken by President Tinubu, such as eliminating gas subsidy and unifying foreign currency windows, were the “passwords to entering the system” of prosperity.
Cabals’ Benefit from Fuel Subsidy and Forex Manipulation
According to Uzodimma, the removal of the fuel subsidy was a blow to a group of cabals who had been benefiting at the expense of Nigerians.
He accused these cabals of becoming billionaires overnight, purchasing private jets, and building castles worldwide in the guise of fuel subsidy.
Companies Leaving Nigeria and Opportunities for Indigenous Firms
Addressing companies leaving Nigeria, Uzodimma argued that these were not genuine investors but entities profiting from the cabal system.
He viewed their departure as a blessing in disguise, creating more opportunities for indigenous companies to participate in the nation’s economic landscape.
Refuting Claims on Tinubu’s Economic Strategies
Governor Uzodimma refuted claims that President Tinubu’s economic strategies were ineffective.
He defended the president, asserting that Tinubu was actively working to strengthen the economy and the Naira.
Despite acknowledging initial challenges during the economic recovery phase, Uzodimma remained optimistic that the implemented policies would lead to a more robust Naira in the long run.
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