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Tinubu’s Initiatives Are Uninformed, Arbitrary, Chaotic, Atiku Lashes Out at President Again
A former Vice President and presidential candidate of the Peoples Democratic Party (PDP), in the 2023 presidential elections, Atiku Abubakar, has again faulted the economic policies of President Bola Tinubu, saying they are adding hardship to Nigerians.
This is contained in a statement the former Vice President signed himself.
He condemned the 2024 budget as another “business-as-usual exercise, bereft of concrete ideas and actions that would support Nigeria’s journey toward economic transformation.”
Atiku, who contested Tinubu’s electoral victory in the tribunal up to the Supreme Court, maintained that every initiative that has emanated from the administration remains literally uninformed, arbitrary, and chaotic.
Atiku’s statement is presented in full:
STATEMENT BY H.E ATIKU ABUBAKAR ON CURRENT ECONOMIC CHALLENGES
The performance of the economy has, in recent weeks and months, been a subject of intense discourse among Nigerian citizens at home and abroad. Nigerians are gravely concerned, and rightly so, that Tinubu’s poor response to Nigeria’s economic challenges is setting the stage for a prolonged and deeper domestic economic crisis.
His economic policies, drawn from a so-called renewed hope agenda, are ironically dashing hopes, creating pain, and causing despair. The private sector is shrinking by the day as small businesses are emasculated, and as Multi-National Companies, confused and weary of the economy, leave Nigeria in droves. The intense cost of living pressures has created more misery for the poor in towns and villages. There is HUNGER IN THE LAND as basic commodities, including BREAD, are becoming out of reach of the average Nigerians.
His 2024 budget is a business-as-usual exercise, bereft of concrete ideas and actions that would support Nigeria’s journey toward economic transformation. Consisting largely of wasteful expenditures to cater to a bloated Federal Government, Budget 2024 will not facilitate growth and is incapable of empowering our citizens to earn a living and live a decent life.
BAT has shown no capacity to deal with the adverse and disastrous impact on the people and on businesses, of the new subsidy regime, and the new foreign exchange policy, which provides for a free-floating exchange rate. His initiatives are literally uninformed, arbitrary, and chaotic. BAT’s palliatives are too mean, pitiable, and contemptuous of the poor. He seems truly lost, bewildered, and overwhelmed.
To mask their failures, BAT and his political appointees are busy blaming his predecessor in office for bequeathing a ‘dead’ economy. This is an all too familiar game popularized by former President Buhari while in office. It reinforces what we already know: that BAT came into office unprepared.
Tinubu and his economic management team must swallow their pride, admit their missteps and failures, and follow those who know the terrain. They must act fast before the economy sinks deeper into the abyss.
The question is, will they? -AA
President Bola Tinubu has issued a passionate call for unity, resilience, and renewed patriotism, urging Nigerians to stand firm behind ongoing reforms aimed at rebuilding the country’s economic foundation.
Speaking during a grand reception in Awka, Anambra State, on the occasion of his state visit, President Tinubu acknowledged the current challenges facing the nation but assured the people that the hard choices were necessary for lasting prosperity.
“We continue to plead with Nigerians for their patience and understanding,” Tinubu appealed.
“We call on all patriots and progressives to rise and continue to work hard every day for the greatness of our dear country. We have no other country but Nigeria. We must make it great as the pride of the black race.”
He reaffirmed his administration’s commitment to inclusive development, citing progress made in economic reform, infrastructure investment, and improved public finance management.
“We met near-insolvent public finance… unsustainable multiple subsidies… a chaotic and debilitating forex regime. These monsters have been tackled,” he said.
Highlighting renewed investor confidence and growth in agriculture, manufacturing, and technology, Tinubu said the “Renewed Hope Agenda” was already yielding visible results.
He particularly commended Anambra for leading in innovation and development, referencing the commissioning of the Solution Fun City and Government House Mini-City as signs of progress.
Describing Governor Chukwuma Soludo as “a brilliant man” and “a thinker who knows the way,” Tinubu added: “We are working together for a better Anambra and Nigeria.”
The president also praised Anambra State for fully implementing and even surpassing the new national minimum wage, calling it “a signal of true leadership and compassion for the working class.”
Asserting the federal government’s commitment to equitable development, Tinubu promised increased investment in roads, power, rail, and digital infrastructure across all regions, including the Southeast.
White smoke has risen above the Sistine Chapel, the signal that cardinals have chosen a new pope on the second day of the conclave. His identity, and the name he will take as pontiff, will be revealed soon.
There are 133 voting cardinals, who have all been sequestered inside the Vatican during the conclave. Any one of them needed two-thirds of the vote to become the next pope. Take a look at how the voting process works.
As soon as the news of the white smoke spread through the Italian capital, some people began running through the streets of Rome to get to St. Peter’s Square. People continue to stream into the square from every alley that leads to the Vatican.
In the square itself, people are hugging and crying tears of joy.
While earlier the crowd was angling to get a good view of the Sistine Chapel chimney, they are now inching closer to the balcony of St. Peter’s Basilica where the new pope is expected to emerge any moment.
Source: CNN
The Senator representing Delta North, Ned Nwoko, has told Governor Sheriff Oborevwori of Delta State to leave “old habits” of the Peoples Democratic Party (PDP) behind as he joined the ruling All Progressives Congress (APC).
Following Oborevwori’s defection, Nwoko, in a statement addressed to the governor, advised him to ensure his move to the APC is transformative.
Although he commended the governor for dumping the PDP, he advised him to leave behind “old deals” that destroyed the opposition party in Delta State.
He said, “Leave behind the politics of survival and step into the politics of legacy.”
“No one pours new wine into old wineskins. Old habits, old politics, and the old deals that led to the gradual decline of the PDP in Delta must be left behind.”
Nwoko also maintained that the ruling party has already begun preparing for constitutional amendments, including the creation of Anioma and New Delta states.
“Let me remind you, this agenda was declared a done deal by the party leadership long before your defection, a testament to the APC’s commitment to correcting historical imbalances and ending regional marginalisation,” he said.
Therefore, he urged Oborevwori to embrace a new sense of purpose, lead the charge for constitutional reforms and demonstrate renewed dedication to fairness, inclusive development, and progressive governance.
He said: “Your defection must not be symbolic; it must be transformative. This is your opportunity to embrace a new sense of purpose and demonstrate renewed dedication to progressive governance, fairness, and inclusive development.
“The creation of Anioma State will finally give voice, identity, and institutional power to the aspirations of Delta North. It is a long overdue recognition of a people who have sought parity with their kinsmen.
“The proposed New Delta will address the deep internal asymmetries within the current Delta state structure. It will empower neglected communities, bring government closer to the people, and unlock new paths for economic growth.
