A former minister of Aviation, Osita Chidoka, has lamented that the cabinet of President Muhammadu Buhari as presently constituted does not understand the workings of modern economics.
He also stated that the cabinet members are too old to understand how to use technology to drive the nation’s economy.
Chidoka spoke on Saturday at the Platform, an annual discourse organized by Pastor Poju Oyemade.
Chidoka who analysed the problems bedevilling the financial sector and proffered solutions, berated the Federal Government over the institution of fiscal policies that have derailed the country’s economy.
“Our cabinet does not reflect Nigeria, they do not understand Paystack, they do not under Flutterwave. They keep taxing them all their money, we need young people to manage Federal Inland Revenue Service, FIRS.
“We should do away with that tariff on importing raw material so that we can create more jobs for Nigerians… but they cannot understand it, the APC government cannot understand this, the President cannot understand this; they are too old to understand.
“What they understand is borrowing money from the Central Bank. We need to unlock Naija, and to unlock it is our task, our responsibility. It is not the responsibility of the structural leads; they keep on deceiving us, making us wait for that day we are going to change our constitution and Eldorado will come.”
By Mayowa Oladeji…
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