
Tinubu and Atiku
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Former vice president, Atiku Abubakar, on Monday continued his brick back with President Bola Tinubu.
“The brazen disobedience to a government policy by Tinubu’s appointees and the failure of the finance ministry to issue a gazette after over four months reflects the fatuousness, inanity and incompetence that characterizes the Tinubu administration.
“Sadly, rather than focus on governance, they are preoccupied with verbally assaulting their opponents – Atiku Abubakar and Peter Obi – while using compromised courts to foster crisis in the opposition. What a shame!”
The former vice president accused Tinubu of being unprepared for the presidency.
“Tinubu was obviously unprepared for office. He acts first and thinks of the consequences afterwards. This was why he announced an abrupt removal of petrol subsidy without any cushions. After seeing the effect, he then hurriedly decided to push a CNG initiative, which even he and his ministers have not embraced, hence their refusal to use it,” he said.
“The CNG initiative has so far failed to fully kick-off because of a lack of gas infrastructure in most states. The result is that transport costs continue to soar along with prices of food.
“In his mid-term expenditure framework, he projected an exchange rate of N700/$1 in 2024 and N650/$1 by 2025. Rather than sack his economic advisers, he continues to live in a fool’s paradise, deceiving Nigerians about the FX reserve of $40bn when, in fact, the net reserves are less than 20% of that. Let the CBN release its financial statements of 2023 if he is sure of his achievements.”

