Oba Akamore: Tinubu Inherited Bad Economy, Already Working to Fix It

Oba Abdulfatai Akamo, Olu of Itori in Ewekoro Local Government Area of Ogun State, Encourages Nigerians to Exercise Patience with the Current Administration, Noting that President Bola Tinubu Inherited a Challenging Economy.

Akamo said this at a news conference in his palace in Itori on Wednesday, to commemorate his 20th Coronation anniversary.

The traditional ruler noted that the present administration meant well for the country, saying that the policies of the Tinubu-led administration would yield positive results.

He commended Tinubu for taking a bold step in announcing the removal of fuel subsidy.

He blamed some Nigerians for adding more woes on the masses with high prices on local commodities like yam, garri and tomatoes, wondering how the exchange rate on dollars affected the production of local commodities.

“I know there is poverty on the land, but I want you to realise that Tinubu inherited poverty in Nigeria. I want to commend him for removing the fuel subsidy, that is a bold step.

“We are our enemies, I do not know how dollar inflation affects garri in the market, yam in our farms and tomatoes. We don’t import garri, we don’t import cow or goat,” he said.

Akamo said that as part of activities marking his 20th Coronation anniversary, he would distribute not less than 50 bags of rice, beans and garri to about 250 vulnerable homes in the Itori community.

He noted that the gesture was part of his contribution to cushion the effect of present economic hardship on the people.