Atiku Abubakar Demands Accountability from Tinubu on Loans

Atiku Abubakar, the former Vice President and ADC presidential candidate, has called on President Bola Tinubu to provide an account of Nigeria's previous borrowings before pursuing a new $1.5 billion loan from the World Bank. He criticized Tinubu's administration for its approach to debt, noting that Nigeria's public debt has reached N166.79 trillion.

Atiku accused the government of demanding sacrifices from citizens while continuously seeking new loans without delivering tangible results. He highlighted that if Nigeria's debt were divided among the population, each person's share would be N716,822, an 87% increase from three years ago.

Atiku emphasized the need for transparency regarding how previous loans were utilized and insisted that the government must publish details about funded projects, beneficiaries, and measurable outcomes before taking on additional debt. He questioned the government's claims of increased revenue and savings from the removal of petrol subsidies, demanding accountability for existing debts.