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Atiku Criticizes Tinubu’s Policies And Says Rising Costs Are Hurting Nigerians

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Atiku Abubakar, the Peoples Democratic Party’s (PDP) presidential candidate in the 2023 election, has criticized President Bola Tinubu’s economic policies, claiming they are placing significant strain on Nigerians.

Atiku’s statement was issued through his Special Assistant on Public Communication, Phrank Shaibu.

On Sunday, Bayo Onanuga, a spokesperson for Tinubu, accused Atiku of harboring envy following his election loss.

Shaibu responded, dismissing Onanuga’s comments as baseless, emphasizing that Atiku is far from jealous of Tinubu’s policies, which he claims are only worsening life for Nigerians.

In a strong statement, Shaibu said, “Atiku jealous of Tinubu inflicting pain on Nigerians? Hell no.

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Wickedness is an exclusive preserve of T-Pain.”

Atiku mentioned the government’s failure to implement its own economic promises.

He cited Tinubu’s July 8, 2024 announcement, where the President pledged a 150-day suspension on import duties for essential items like food.

However, more than 120 days later, Atiku pointed out that the policy has yet to be executed, even as Nigerians grapple with skyrocketing prices.

Food inflation, which now stands at over 40%, is one of the highest seen in decades, worsening living conditions and putting essential goods out of reach for many.

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He further criticized Tinubu’s administration for what he described as a “brazen disregard” for its own policies, particularly the finance ministry’s delay in formalizing the import duty waiver through an official gazette.

This delay, Atiku argues, shows the incompetence and disorganization in Tinubu’s government.

He added that rather than focus on much-needed governance, the administration is more interested in verbally attacking political opponents like himself and Peter Obi.

He claimed that the administration is even using questionable court actions to create disarray in the opposition.

Atiku also questioned Tinubu’s preparedness for office, calling his administration a series of “policy flip-flops” that have harmed rather than helped Nigerians.

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One of his biggest criticisms was Tinubu’s abrupt removal of the petrol subsidy, which Atiku said was done without planning for any support measures to ease the transition for Nigerians.

He noted that the President’s compressed natural gas (CNG) initiative, intended as an alternative, has so far stalled due to inadequate gas infrastructure across most states.

And this is leading to rising transportation costs that further increase food prices.

Atiku also questioned Tinubu’s economic planning in light of his mid-term expenditure framework, which projects an exchange rate of N700 to $1 by 2024 and N650 to $1 by 2025.

Atiku urged Tinubu to dismiss his economic advisers, whom he accused of unrealistic planning and deceiving Nigerians by promoting a foreign exchange reserve of $40 billion, when the net reserve is allegedly much less.

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Ngozi Okonjo-Iweala Says Nigeria Lacks a Maintenance Culture

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The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has spoken on Nigeria’s economy, stating that the country lacks a good maintenance culture.

She said “The fact is that endowments alone do not add value. Budgetary allocations alone do not lead to new roads or good maintenance.”

“We lack a maintenance culture in the country. I have to say that. I’m Nigerian, but we need that. We need better ports and digital infrastructure, and lower trade costs. Execution is what matters, and successful execution requires focus. It requires prioritisation.”


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Peter Obi Criticises President Tinubu’s Statement on Hunger

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Politician and former presidential candidate Peter Obi speaks on President Bola Tinubu’s comments regarding the rising hunger and worsening economic situation in Nigeria.

It can be noted that the President recently stated that hunger has always existed in Nigeria.

Peter Obi responded “I watched with deep concern the statement made by President Bola Tinubu to the Catholic Bishops, that there has always been hunger in Nigeria, even before he was born.”

“While it is true that hunger has been a part of human life and has existed in our country for decades, such a statement appears insensitive to the plight of the millions of Nigerians who face worsening economic hardship today.”


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Nigerian Army Launches New IED Training Programme

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Reports have been shared stating that the Nigerian Army has launched a new programme designed to train and improve the skills of engineers in tackling threats posed by Improvised Explosive Devices (IEDs).

The seminar is being organised by the 41 Engineer Brigade of the 1 Division Nigerian Army.

It was stated “Improvised Explosive Devices have become one of the greatest security threats confronting the Nigerian Army in ongoing counter-insurgency operations. Their widespread use has complicated military operations and humanitarian activities in conflict-affected areas.”


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