Atiku tackles Tinubu over fresh N3.3trn power debt bond, demands full disclosure

Presidential candidate Atiku Abubakar has strongly criticized President Bola Tinubu's administration over its intention to raise an additional N3.3 trillion bond to settle debts within the power sector. Abubakar described the plan as a manifestation of "fiscal recklessness, institutional dishonesty, and contempt for public accountability."

In a statement released on Sunday, the former vice president argued that such a move demonstrates a disregard for prudent financial management and public trust. He emphasized the need for transparency in handling the nation's finances, particularly concerning the critical power sector.

Abubakar demanded a comprehensive disclosure from the Tinubu administration regarding the exact nature of the power sector debts and the justification for issuing a new bond. He seeks to ensure that public funds are managed responsibly and that citizens are fully informed about government financial dealings.

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plan to raise another bond to settle power sector debts as a display of fiscal recklessness, institutional dishonesty, and contempt for public accountability.