Presidency faults New York Times Report

THE Presidency has tackled the New York Times over its report on the current economic situation in Nigeria, saying President Bola Tinubu on May 29, 2023, inherited a dead economy.
Reacting to the report, the special Adviser to the President on Information and Strategy, Bayo Onanuga, in a statement, issued on Sunday, said the feature reflected the typical predetermined, reductionist, derogatory, and denigrating way foreign media establishments have reported on African countries for several decades while adding that Nigeria was not the only country in the world facing rising cost of living crisis.
The presidency also justified some of the policy decisions taken by Tinubu’s administration, such as the floating of the naira and fuel subsidy removal, declaring that the policies were taken in the best interest of Nigeria.