Why Nigeria Can’t Solve Forex Exchange, Fuel Subsidy Problems – Bwala

Posted by Thandiubani on Fri 02nd Jun, 2023 - tori.ng

Bwala said the country cannot solve the fuel subsidy problem with the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, in charge.

 
Daniel Bwala, the spokesperson for the Peoples Democratic Party (PDP) Presidential Campaign Organisation, has revealed why the country cannot solve the foreign exchange and fuel subsidy problems.
 
He spoke in a tweet via his official Twitter handle on Thursday.
 
According to him, anyone that thinks that the two economic policies can be solved without a drastic change is the definition of insanity.
 
Bwala said the country cannot solve the fuel subsidy problem with the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, in charge.
 
He added that the nation will continue to have issues with the Foreign Exchange (Forex) until the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is removed.
 
He wrote: “We can’t solve problems by using the same kind of thinking we used when we created them – Albert Einstein.

“To think that you can solve Forex exchange problems as well as fuel subsidy with Godwin Emefule and Mele Kyari is the definition of insanity.”
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