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FORMER Vice-President, Atiku Abubakar, has challenged the Federal Government’s claim of stronger public finances, arguing that the sharp increase in Federation Account Allocation Committee (FAAC) disbursements has largely been wiped out by naira depreciation and inflation. Atiku, the presidential candidate of the African Democratic Congress (ADC), said the growth in allocations to the federal, state […]
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FORMER Vice-President, Alhaji Atiku Abubakar, has questioned the Federal Government’s decision to borrow N24.7 trillion from the domestic market between January and August 2026, arguing that the pace of borrowing is putting pressure on credit available to businesses. Atiku raised the concerns in a statement issued on Monday by his Senior Special Assistant on Public […]
FORMER Vice-President, Mr Atiku Abubakar, has challenged President Bola Tinubu to explain the circumstances surrounding the forfeiture of $460,000 to the United States government, rather than focusing on the Washington lobbying firm he hired. Atiku, the presidential candidate of the African Democratic Congress, made the demand in a statement issued on Wednesday by his Senior […]
MINISTER of the Federal Capital Territory, Mr Nyesom Wike, has vowed to remain actively involved in the political affairs of Rivers State ahead of the 2027 general elections, saying he will not stay in Abuja and allow former Vice President Atiku Abubakar to win. Wike, who spoke during his monthly media parley in Abuja on […]
FORMER Vice-President Atiku Abubakar has pledged to enforce financial autonomy for Nigeria’s local governments if elected president in 2027. Atiku, the African Democratic Congress (ADC) presidential candidate, said his administration would comply with the Supreme Court’s ruling directing that allocations from the federation account be paid directly to the 774 local government councils. His spokesperson, […]
THE African Democratic Congress (ADC) has alleged that the Federal Government’s newly launched $1 billion Household Prosperity and Economic Social Protection Project (HOPE-SP) is an attempt to respond to a proposal earlier made by its presidential candidate, Atiku Abubakar, on targeted subsidies. The opposition party said the initiative, unveiled in Abuja on Wednesday, came after […]
FORMER Vice-President, Alhaji Atiku Abubakar, has challenged the Federal Government to provide Nigerians with full details of its $5 billion financing arrangement with First Abu Dhabi Bank, warning that taxpayers and future generations will ultimately repay the debt. Atiku’s demand followed comments by the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo […]
FORMER Cross River State governor Donald Duke has recounted an encounter in which former military ruler Ibrahim Babangida allegedly cautioned ex-President Olusegun Obasanjo about his then vice-president, Atiku Abubakar. Duke’s account appears in Seun Oloketuyi’s new book, ‘How to Win Elections in Nigeria,’ which examines political manoeuvring surrounding the early years of Nigeria’s Fourth Republic. […]
FORMER Vice-President Atiku Abubakar has called on President Bola Tinubu’s administration to publish a comprehensive ledger showing federation revenues, deductions, savings, transfers and other funds generated since the government assumed office. Atiku, the African Democratic Congress (ADC) presidential candidate, said the latest federation account figures for July 2026 had heightened concerns over how government revenues […]
FORMER Vice-President Atiku Abubakar has criticised President Bola Tinubu’s media team for attacking Cardinal John Onaiyekan instead of responding to concerns raised by the Catholic Bishops’ Conference of Nigeria (CBCN) about the country’s economic and social challenges. In a statement issued on Sunday by his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku said […]