The presidential candidate of the Social Democratic Party (SDP) in the 2023 election, Oluwole Adebayo, has questioned the composition of President Bola Tinubu’s economic team.
Adebayo, who was a guest on Channels Television’s Sunday Politics, said that Tinubu’s economic team is not sharp enough and that it is far from being proactive.
According to him, Tinubu does not need to go outside his party, the All Progressives Congress (APC) to find better hands to run his economic team.
“The problem is that the way he has set up his economic team, there is no sign that they are proactive, they are only reacting to the consequences of their earlier actions. So, they are perpetually defending, perpetually behind. So, the economic team is not nimble enough, it’s not sharp enough,” Adebayo said.
“Even if he doesn’t go outside his party to look for people to run his economic team, within his party he has a lot of talents there within the rubric of their own belief. He has not even used the best of APC people.”
He lamented that even with all the money the Tinubu administration saved from fuel subsidy removal, it is still borrowing to fund the budget.
The SDP chieftain said it is high time the President Tinubu stopped talking about what he met on the ground because what he met on ground is what he used to campaign and eventually won election.
He blamed Tinubu for not stabilizing the economy first when he came in before executing some of the policies which have seen inflation skyrocket.
Adebayo said that he will start taking the Tinubu administration serious when it is able to make the exchange rate stable for at least 120 days without fluctuating.
However, the SDP candidate stated that he does not see the current administration performing at the speed expected to make things change for the better, making it imperative for his party to do everything it can to take power from the APC in 2027.