HomeBusinessOtedola Talk Wetin Dey Happen for Nigerian Economy

Otedola Talk Wetin Dey Happen for Nigerian Economy

My people, e don happen again o! Otedola, the billionaire wey sabi business like no other, don shine light on our President, Tinubu.

This guy no dey play with him words. For him recent statement wey he drop, e praise President Tinubu for as e dey manage the Nigerian economy well. E talk say Tinubu dey show correct courage and clarity to run dis place as e dey go through some necessary reforms wey we need to make sense of the economy.

As per inflation matter, e don dey slow down small small, and na the Central Bank Governor, Yemi Cardoso, wey dey do the magic. E show discipline, and e don carry us back to normal monetary policy, no be theory o, na real life we dey discuss. Households and businesses dey feel the pressure reduce, and na wetin we dey celebrate.

Otedola talk say for the first time in years, our naira don dey show some respect, e dey strengthen based on market forces, no be the usual artificial koko wey dey cause wahala. E don take our external reserves to over $46 billion, wey be the highest for seven years. Na him steady hand go put us back for the right track.

You know say dem talk say na banks fit carry this economy waka, and Otedola dey shout from the rooftop say we need to raise the minimum capital for international banks to ₦1 trillion. E believe say weak banks no fit help us grow to that $1 trillion economy wey everybody dey dream about. E argue say better capital dey mean better governance and no more personal estates for banks wey don spoil our matter for long.

As e get am for FirstBank matter, dem don meet the ₦500 billion minimum capital wey CBN don set. Otedola dey gaskiya when e talk say Yemi Cardoso na the best Central Bank Governor we don ever get. Him focus dey make sense for dis critical period.

Naija don dey turn corner well well, Otedola believe say all the investors wey sabi true suya go still dey support dis bold reforms wey dey lay better foundation for d future of we country. E don see many administration, but so far, Tinubu dey do hin best to carry us go better place.


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Rachel Adams
Rachel Adamshttps://nnn.ng/
NNN publishes breaking news from Nigeria and around the world, to ensure that every Nigerian can read national news. NNN is committed to publishing news that is accurate, reliable, authoritative, and thoroughly researched.
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