Atiku demands answers as Nigeria’s debt hits N166.79tn
Former VP Atiku Abubakar demands a full reconciliation of Nigeria’s public debt as it climbs to N166.79tn under the Tinubu administration. Read More: https://punchng.com/atiku-demands-answers-as-nigerias-debt-hits-n166-79tn/
Former Vice-President Atiku Abubakar has called for a comprehensive accounting of Nigeria's public debt, which has reached N166.79tn, as the country grapples with the economic consequences of recent reforms. The former leader demanded an apology from President Bola Tinubu's administration over the hardships faced by Nigerians since the removal of the petrol subsidy and other economic changes implemented in 2023.
The demand was made in a statement by Phrank Shaibu, the Director of Strategic Communications of the African Democratic Congress Presidential Campaign Council, following the release of the latest data from the Debt Management Office. Atiku's criticism comes as the country faces a fiscal gap in the 2026 budget, projected to leave a deficit of N31.45tn, with borrowing expected to cover a significant portion of the shortfall.
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Also reported by 5 other outlets
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- Atiku demands answers as Nigeria’s debt hits N166.79tn punchng.com
- Nigeria’s Debt Hits N166.79tn as Interest Accounts for 56.5% of External Payments thisdaylive.com