Tinubu’s administration ‘lying with statistics’ over economy, says Atiku
The former vice president said no amount of statistical presentation or creative accounting can hide what he described as the worsening state of the economy under President Bola Tinubu. In a statement issued through his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku dismissed comments defending the administration’s reforms, including fuel subsidy removal, debt management and workers’ welfare initiatives. He argued that the government’s claim that subsidy savings are being used to reduce debt is contradicted by borrowing figures he said show federal exposure to the Central Bank of Nigeria rising sharply. Atiku said the Federal Government’s debt to the CBN rose from about ₦26.9tn in May 2023 to over ₦40.38tn by May 2026, describing the move as debt restructuring rather than debt repayment. He also said workers are yet to feel the benefits of subsidy savings, alleging that […]
