The Digest:
The Presidency has sharply rebuked former Vice President Atiku Abubakar’s claims of widespread hunger and impending revolution in Nigeria, asserting that the country is instead making measurable economic progress under President Tinubu. In a strongly worded response, the administration presented data to counter what it called “doomsday scenarios” from opposition figures.
Key Points:
- The Presidency described Atiku’s hunger claims as “grossly misleading” and out of touch.
- It cited the fifth consecutive monthly decline in inflation and a record trade surplus.
- Foreign reserves have grown to nearly $42 billion, up from $32 billion at Tinubu’s inauguration.
- The administration highlighted cleared arrears, including $800 million owed to airlines.
- States are reportedly paying salaries promptly and funding projects due to improved revenues.
- The response blamed current challenges on “economic mismanagement during the PDP years.”
- It framed Tinubu’s reforms as necessary corrections to past errors.
Sources: Vanguard
