You are real definition of economic ignorance, Atiku replies Tinubu

Presidential candidate for the African Democratic Congress, Atiku Abubakar, has lashed out at President Bola Tinubu, accusing him of demonstrating economic ignorance. During a recent meeting, Tinubu mocked Atiku's promise to restore fuel subsidy if elected president in 2027, calling it a demonstration of "serious ignorance on governance and the economy."

In response, Atiku described Tinubu's comment as the sermon of a failed economic experimenter who mistakes Nigerians' endurance for success. He labeled Tinubu's administration as one that "detonated simultaneous fuel-price, exchange-rate and cost-of-living shocks across a fragile economy." Atiku argued that Tinubu's removal of fuel subsidy is an act of "economic vandalism" that has led to skyrocketing petrol prices, increased transportation costs, a depreciating naira, soaring food prices, business closures, and decimated household purchasing power.

He further accused Tinubu of hypocrisy, pointing out that the NNPC's audited accounts still contain significant energy-security costs and petroleum under-recoveries, despite Tinubu's claim that subsidy is dead. Atiku emphasized that a responsible government would address citizens' needs instead of enriching itself by transferring solvency from households to government treasuries.