News

Presidency tackles Atiku for faulting Tinubu economic reforms

Presidency tackles Atiku for faulting Tinubu economic reforms

The presidency on Sunday fired back at the Peoples Democratic Party’s (PDP) presidential candidate in the 2023 election, Atiku Abubakar, over his proposed economic reforms .

Abubakar had in a post on social media claimed his policy reforms would have shielded Nigeria’s fragile economy from collapse and prevented widespread business failures.

He also described as an “overkill” President Tinubu administration’s decision to remove petrol subsidies, float the exchange rate, and increase the electricity tariffs.

However, the Special Adviser on Information and Strategy to the President, Bayo Onanuga, in a statement on Sunday said Abubakar’s ideas lacked substance and were rejected by Nigerians during the 2023 presidential poll.

READ ALSO:

“Talk is cheap, and it’s easy to paint a flowery to-do list,” Onanuga said, emphasizing that President Tinubu inherited a country facing significant challenges, including fuel subsidies that drained resources and forex market arbitrage.

He argued that President Tinubu took bold measures to address these issues, which Abubakar and his predecessor should have tackled during their tenure.

“While advocating for gradual reforms may sound appealing, Tinubu took measures that should have been taken decades ago,” he argued.

The presidential aide highlighted that the Tinubu administration prioritizes social safety nets and targeted support for vulnerable individuals affected by recent economic changes.

“Alhaji Abubakar calls for empathy and a human face to reforms. We have no problem with this, as it resonates well with our administration’s focus,” Onanuga concluded.

Presidency tackles Atiku for faulting Tinubu economic reforms

Trends Admin

Recent Posts

Trump asks Supreme Court to suspend law for TikTok ban

Trump asks Supreme Court to suspend law for TikTok ban US President-elect Donald Trump filed a brief…

2 hours ago

Romeo and Juliet actress Olivia Hussey dies at 73

Romeo and Juliet actress Olivia Hussey dies at 73 Actress Olivia Hussey, who shot to international prominence…

2 hours ago

Niger’s president faces fire at home over attack on Nigeria

Niger’s president faces fire at home over attack on Nigeria Niger’s President Abdourahmane Tchiani is…

3 hours ago

Israel attacks: UN warns humanitarian disaster in Yemen may get worse

Israel attacks: UN warns humanitarian disaster in Yemen may get worse NEW YORK CITY: The humanitarian crisis…

3 hours ago

Wike: My fallout with Secondus was his opposition to Fubara

Wike: My fallout with Secondus was his opposition to Fubara The Minister of the Federal Capital Territory,…

3 hours ago

Bashar Assad relatives while trying to fly out of Lebanon

Bashar Assad relatives while trying to fly out of Lebanon BEIRUT: The wife and daughter of one…

3 hours ago