Atiku Criticizes Tinubu's Economic Policies as Nigeria's Debt Surges
Atiku Abubakar describes Tinubu's administration as one of the most ruinous governments Nigeria has endured.
In Brief
- •Atiku Abubakar describes Tinubu's administration as one of the most ruinous governments Nigeria has endured.
- •Nigeria's public debt increased from N49.85 trillion in March 2023 to N166.79 trillion by June 2026.
- •Atiku criticizes the government's borrowing habits and the widening gap between official economic indicators and the lived reality of ordinary Nigerians.
- •The government celebrates rising public revenues but continues to borrow, making everyday life punishingly expensive.
- •Atiku calls for a full account of the debt, including old debt newly recorded, foreign debt, and new loans contracted since Tinubu's assumption of office.
Why It Matters
Atiku's criticism highlights the economic challenges faced by Nigerians under Tinubu's administration. The surge in public debt and the widening gap between official economic indicators and the lived reality of ordinary citizens underscore the need for transparency and accountability in economic policies. This situation could have significant implications for Nigeria's economic stability and the well-being of its citizens.
Key Details
- Public Debt in March 2023
- N49.85 trillion
- Public Debt in June 2026
- N166.79 trillion
Original Reporting & Sources
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