Tinubu fixing economy PDP mismanaged under your watch, Presidency replies Atiku

The Presidency has replied to former Vice President Atiku Abubakar over his comments on the state of Nigeria’s economy, saying that President Bola Ahmed Tinubu is fixing the economic mismanagement during the Peoples Democratic Party (PDP) years, when Atiku was the vice president.

The Presidency accused Atiku of only engaging in “cheap talk” and not being in touch with the reality and positive development in the nation’s economy, emphasising that the rising reserves and consistent fall in inflation were an indication that the bold reforms aimed at correcting the past mismanagement of the nation’s economy are working.

Atiku Abubakar, on Monday, speaking through his media office, warned that worsening poverty and hunger in the country risked pushing citizens toward criminality and social unrest.


He cited historical examples, including the French Revolution of 1789, the 1917 Russian Bolshevik Revolution, and the Arab Spring, as outcomes of widespread deprivation and government indifference.

Atiku also drew parallels to Nigeria’s own ENDSARS protests, attributing them to public frustration and hunger.

“The masses of Nigerians are progressively wallowing in misery and poverty under the watch of the Tinubu-led APC administration,” Atiku said.

He further stressed that two years into Tinubu’s government, there were still “no manifest signs” that hunger and poverty were being addressed effectively.

“Reforms must have a human face and prioritise citizens’ welfare. Whatever reform the Tinubu government might claim to be undertaking, the point remains that food insecurity is a daily occurrence nationwide,” he added.

But the Presidency, in a swift response in a statement by Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and Strategy, described the former vice president’s statements as “grossly misleading” and “out of touch with the positive developments currently unfolding in the country.”

Onanuga flayed Atiku for comparing Nigeria’s current conditions to historic revolutions, saying such comparisons showed a “disconnect from the authentic Nigerian reality.”

The statement read: “Talk is cheap. Former Vice President Atiku Abubakar and his handlers are clearly out of touch with the positive developments currently unfolding in our country.

“Their claim that hunger is ravaging Nigeria, and their comparison of our situation to the unrest in France before the 1789 Revolution or the 1917 Bolshevik Revolution in Russia, is grossly misleading.

“Their latest statement demonstrates a disconnect from the authentic Nigerian reality, as recent data tells a different story. Just today, the National Bureau of Statistics (NBS) released its figures for August, showing that headline inflation has declined for the fifth consecutive month.

“Over the weekend, the NBS also reported a record trade surplus, with the contribution of non-oil exports to our trade balance now nearly matching that of crude oil at a ratio of 48:52 per cent.

“Our foreign exchange reserves are on the rise, now approaching $42 billion. When President Tinubu assumed office, reserves stood at $32 billion, much of it encumbered. This administration has since cleared over $7 billion in arrears, including $800 million owed to airlines.

“Under President Tinubu, Nigeria is recording unprecedented revenues. States are now able to pay salaries and gratuities promptly and still have surplus funds for capital and social projects, an achievement not previously witnessed at this scale.

“Nigeria is moving in the right direction. In contrast, Atiku and his party remain stuck in the past, fixated on doomsday scenarios and revolutionary rhetoric. Ironically, many of the challenges we face today stem from the economic mismanagement during the PDP years, when Atiku was Vice President. President Tinubu and his team are working relentlessly to correct those errors, with bold reforms.

“After just two years and five months in office, we are proud of the progress being made under President Tinubu’s leadership. Atiku and his allies may choose to ignore these gains, but Nigerians can see and feel the positive changes taking place across the nation,” it stated.

Ardo  Zubairu 
National Secretary 
TInubu Re- Election Project 2027 . Office Phones: 
08033305195
08098885195
07033454053

Follow this link to join  https://chat.whatsapp.com/GGyI5S8pxi78dcZ3fKciGB

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