Prof. Pat Utomi has warned the Tinubu administration to take caution in how they run the current decline in the value of the Naira. Since the announcement of the removal of subsidy by the president of Nigeria, Bola Ahmed Tinubu on May 29th the Naira has lost 40% of its value in the exchange market causing more hardship for Nigerians. As of press time, the Naira goes for 1150/1200 to one US Dollar on the black market. Professor Utomi …
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Professor of political economy, Pat Utomi has countered the presidency’s claim of “disgruntled religious and past political leaders” working with “external forces” to overthrow the government of President Muhammadu Buhari. Utomi in an interview with PUNCH described the claim as “silly”, and further alleged that people in power are the ones who have ordered a coup against the Nigerian people by giving us a government we are not sure exists. He said; “I have followed the funny exchanges between those who say that …