Former Vice President and Presidential Candidate of the African Democratic Congress (ADC), Atiku Abubakar, has expressed concern over the Tinubu administration's handling of the economy, stating that it has failed to protect ordinary Nigerians from crushing economic hardship. In a statement, Atiku said the administration's policies have made fuel and basic necessities increasingly unaffordable. He emphasized that the government's inability to address these issues has led to significant hardship for Nigerians.
Atiku's criticism comes in response to President Tinubu's Independence Day address, which he felt was out of touch with the daily reality of Nigerians. The President's speech highlighted prosperity, but Atiku argued that this contrasts sharply with the experiences of ordinary citizens who are struggling with the rising costs of living. Atiku also challenged Tinubu's claim that salaries and pensions have been paid "on time and in full," citing reports of delays and protests from federal workers and pensioners.
Atiku pointed to Germany as an example of a country that has taken proactive measures to mitigate the impact of rising fuel prices on its citizens. Germany cut gasoline and diesel taxes by €0.17 per litre from October through December, at an estimated cost of €2.5 billion, resulting in falling prices at the pump. He suggested that Nigeria could adopt a similar approach by restoring targeted, budgeted support for fuel refined in the country.
According to Atiku, the proposed support system would involve strict auditing and a guarantee that the benefit lowers pump prices. He emphasized that the support would follow the barrel refined in Nigeria, creating jobs and easing costs for Nigerians. The plan would be funded by cutting waste and would be protected against diversion and price manipulation, and would not apply to imported fuel.
Atiku expressed deep sympathy for Nigerians who are forced to choose between feeding their families, paying for transport, or meeting other basic needs. He stated that Nigerians did not deserve the hardship caused by the current administration's policies and promised to make life affordable again if given the opportunity. Atiku's plan aims to reduce the burden on Nigerians by making essential goods and services more affordable.
Atiku highlighted the potential benefits of lower fuel costs, including cheaper bus rides, more affordable goods at the market, and more money left in a family's pocket. He emphasized that Nigeria's wealth should ease the burden on its people, rather than exacerbate their struggles. By addressing the root causes of economic hardship, Atiku believes that the government can help Nigerians enjoy a better quality of life.
The ADC Presidential Campaign Council has reiterated Atiku's commitment to addressing the economic challenges facing Nigerians. As the country continues to grapple with the impact of economic hardship, Atiku's proposals have sparked a renewed debate about the government's role in protecting its citizens from the effects of economic shocks. The administration's response to Atiku's criticisms remains to be seen.
Key points
- Atiku Abubakar criticizes Tinubu's administration for failing to protect Nigerians from economic hardship.
- Atiku proposes restoring targeted, budgeted support for fuel refined in Nigeria to ease costs for Nigerians.
- Atiku expresses sympathy for Nigerians struggling with economic hardship and promises to make life affordable again.
