Atiku Abubakar, presidential candidate of the African Democratic Congress (ADC), criticized President Bola Tinubu's decision to issue a new N3.3 trillion power sector debt bond. Atiku accused the administration of fiscal recklessness, institutional dishonesty, and a lack of public accountability. He pointed out the repeated borrowing for the same issue without proper disclosure of previous funding uses. The article references the government’s prior announcements regarding power sector bonds in late 2025 and early 2026.
Bias read (Left): The article presents Atiku Abubakar's criticism of the Tinubu administration using strong language such as 'fiscal recklessness,' 'institutional dishonesty,' and 'contempt for public accountability.' It frames the repeated borrowing as a failure of governance and emphasizes the need for transparency
Official sources cited
- press release Statement by Atiku Abubakar via Senior Special Assistant Phrank Shaibu