Advocates Criticize Atiku's Economic Claims as Propaganda

Advocates have condemned former Vice President Atiku Abubakar's criticism of Nigeria's economy, describing his remarks as "cheap politics" and "pure propaganda." At a press conference on Tuesday, the group asserted that Atiku's comments lacked genuine economic analysis and were driven by bitterness over his unsuccessful attempts to lead the country. Dr.

Opialu Fabian dismissed Atiku's reference to Nigeria's external reserves of $48.45 billion as evidence of failure, noting that the reserves are projected to rise above $51 billion within the year. The advocates argued that reserves are influenced by various factors, including exchange rate management and capital flow.

They praised President Bola Ahmed Tinubu's administration for macroeconomic improvements, including a projected economic growth rate of 4.49% and a significant drop in inflation from 34% to an expected 12.94%. The group highlighted the importance of structural reforms and urged Nigerian politicians, particularly Atiku, to engage honestly with the economic realities rather than recycling talking points.