Former Vice President Atiku Abubakar has criticized President Bola Tinubu’s administration for its economic policies, describing them as “misguided, erratic, trial-and-error and shambolic.” Atiku contends that the current economic difficulties facing Nigerians cannot be resolved through increased taxation, as proposed by Tinubu, but rather require a more comprehensive and thoughtful approach.
In response to comments made by the Presidency regarding his defeat in the 2023 presidential election, Atiku defended his economic proposals, which he claims were well-developed and inclusive, incorporating feedback from Nigerians. He contrasted his approach with what he perceives as the Tinubu administration’s lack of a coherent economic strategy, suggesting that the government’s reliance on prayer as a solution is insufficient.
Atiku pointed to the economic performance during his tenure as Vice President under President Olusegun Obasanjo, arguing that Nigeria experienced significant growth at that time. He contrasted this with the current administration’s performance, which he claims has led to a decline in economic standing.
He also highlighted examples of successful economic models in other countries that have thrived with lower taxation, questioning the rationale behind imposing further financial burdens on Nigerians. Atiku concluded by asserting that the 2023 election was marred by irregularities, suggesting that he did not truly lose but rather that the election was “criminally stolen” from the people.