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2027: Tinubu exporting Nigeria’s wealth, importing hardship – Atiku

The African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, on Tuesday accused President Bola Tinubu of running an economic policy that ships Nigeria’s wealth abroad in raw form while leaving Nigerians at home with higher prices, weaker purchasing power and struggling factories. In a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku…

2027: Tinubu exporting Nigeria’s wealth, importing hardship – Atiku

Atiku Abubakar, the presidential candidate of the African Democratic Congress (ADC), has criticized President Bola Tinubu's economic policy, accusing him of exporting Nigeria's wealth while importing hardship for ordinary Nigerians. In a statement, Atiku alleged that Tinubu's approach has resulted in Nigeria exporting raw materials while local manufacturers sit on unsold goods worth trillions of naira due to unaffordable prices.

He emphasized that the nation's exports have increased by 106 percent, from N1.86 trillion to N3.84 trillion, yet citizens are struggling to make ends meet. Atiku argued that exporting raw materials without processing them limits Nigeria's potential for economic growth. He cited examples such as exporting cocoa beans rather than cocoa products, hides instead of leather, and cotton without garment production.

Atiku called for an end to Nigeria's role as a mere "loading bay" for raw materials, urging the country to develop its manufacturing sector instead.

Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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