Post by TheCable (@thecableng)

Atiku faults FG’s domestic borrowing, demands account of oil windfall

Atiku Abubakar, former vice-president and presidential candidate of the African Democratic Congress (ADC), has questioned the federal government’s continued domestic borrowing despite “higher-than-expected” oil revenues.

In a statement issued on Sunday by Phrank Shaibu, his senior special assistant on public communication, Atiku said the Tinubu administration’s economic management was “contradictory, opaque, and bereft of fiscal discipline”.

The former vice-president said the federal government had raised about N5 trillion from the domestic bond market in the first half of 2026, representing almost 80 percent of the amount borrowed during the corresponding period in 2025.

https://www.thecable.ng/atiku-faults-fgs-domestic-borrowing-demands-account-of-oil-windfall/

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