Gbenga Hashim Criticizes Nigeria's Economic Policies

Dr. Gbenga Hashim, a Nigeria===People s Democratic Party presidential aspirant, criticized Nigeria's continued reliance on the International Monetary Fund's economic prescriptions, arguing that the country's economic decline stems from externally shaped policy choices. He highlighted Nigeria's stronger economic standing in the 1970s when it pursued independent policies, comparing its GDP per capita favorably to China and Malaysia. Hashim dismissed the Federal Government's 4% GDP growth rate as inadequate, stating that Nigeria's GDP has declined significantly under the Nigeria===All Progressives Congress government from $574 billion in 2014 to $230 billion now. He also criticized the Nigeria===All Progressives Congress's record in the power sector and alleged nearly $4 billion in agricultural capital losses under President Bola Tinubu. Hashim advocated for a Keynesian-style economic package for Nigeria's depressed economy.