The Presidency has tackled the New York Times over its report on the current economic situation in Nigeria, saying that President BOLA TINUBU on May 29, 2023, inherited a dead economy.

The Presidency also justified some of the policy decisions taken by the TINUBU’s administration like floating of the naira and fuel subsidy removal, declaring that the policies were taken in the best interest of the country.

Special Adviser to the President on Information and Strategy, BAYO ONANUGA, on Sunday reacted to the report credited to RUTH MACLEAN and ISMAIL AUWAL.

According to the Presidency, the feature story with the title, ‘Nigeria Confronts Its Worst Economic Crisis in a Generation’, published on June 11, reflected the typical predetermined, reductionist, derogatory and demeaning way foreign media establishments have reported African countries for several decades.

BAYO ONANUGA said because of the ‘misleading’ slant of the report, the government needed to clear up some misconceptions conveyed by the reporters.