**FG should pump more money into economy
By Dipo Olowookere
Governor Aminu Tambuwal of Sokoto State has advised the Federal Government to pump more money into the economy so as to lift Nigeria out of recession.
Mr Tambuwal made this suggestion on Sunday during an interactive session with journalists in Sokoto.
According to him, the release of more funds into the economy will boost “massive construction works and redistribution of money.”
He pointed out that a similar step was taken by the immediate past President of the United States, Mr Barak Obama, during the time his country was in recession in 2008.
He said “Nigeria would not have been experiencing recession had the previous government were prudent enough.”
He said further that “when we raised alarm that time, people thought we hated the former President Goodluck Jonathan, I have nothing personal against Jonathan. But we have now been vindicated.”
“I am not an economist, but ask any economist around the world about the panacea to recession, he or she will tell you that it is the injection of money into the economy,” the Governor said at the event.
“With the release of such funds into the economy, there will be massive construction works and redistribution of money,” he added.
During his time as Speaker of House of Representatives, Mr Tambuwal left the Peoples Democratic Party (PDP) for the All Progressives Congress (APC) and efforts were made to forcefully remove him as Speaker in a move alleged to have been supported by former President Goodluck Jonathan.
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