The Presidency has responded sharply to former Kogi West Senator, Dino Melaye, advising him to first gain a basic understanding of economics.
The criticism came on Monday from the Special Adviser to President Bola Tinubu on Media and Public Communications, following Melaye’s recent comments regarding Nigeria’s public debt.
Melaye had mocked the Tinubu administration, suggesting that it might eventually resort to borrowing from fintech companies like Opay or Moniepoint.
Reacting, Dare described Dino Melaye’s comments as misleading and rooted more in drama than economics.
Dare stated that Dino Melaye had once again traded substance for spectacle, after suggesting on television that Nigeria would soon borrow from OPay and Moniepoint.
“You need to acquaint yourself with basic knowledge of economics,” he said.
According to the presidential aide, while such comments may entertain, they fail to reflect the realities of the nation’s fiscal situation.
“Nigeria’s debt-to-GDP ratio remains a moderate 40–45 percent, well below South Africa’s 70 percent or Ghana’s 90 percent plus,” Dare said.
Join Our Social Media Channels:
WhatsApp: NaijaEyes
Facebook: NaijaEyes
Twitter: NaijaEyes
Instagram: NaijaEyes
TikTok: NaijaEyes
