Group tackles Atiku over criticisms of Tinubu’s $2.2bn foreign loan
The Arewa Professionals for Democracy and Development (APDD) has reacted to the recent criticisms of former Vice President Atiku Abubakar on the loan request by President Bola Tinubu. Recall that the National Assembly had approved a $2.2 billion foreign loan request from President Tinubu. This development was greeted with many reactions from Nigerians. One of […]
The Arewa Professionals for Democracy and Development (APDD) has reacted to the recent criticisms of former Vice President Atiku Abubakar on the loan request by President Bola Tinubu.
Recall that the National Assembly had approved a $2.2 billion foreign loan request from President Tinubu. This development was greeted with many reactions from Nigerians.
One of the critique of this foreign loan request is the 2023 People’s Democratic Party (PDP) Presidential candidate, Atiku Abubakar, who raised concerns that the loan would be embezzled by the government.
In quick reaction to the former Vice president, the APDD said Atiku’s criticism of the borrowing’s approval mirrors the fitful twitching of an expired creature in its final throes.
The group in a statement signed by its President, Engr. Moses Odaudu, said as it is important to scrutinise government actions, it is equally important to consider the broader context and potential benefits of these loans.
“He blatantly trivialised the strategic intent behind the loans by asserting that they are “bone-crushing” and bring “insufferable pressure” on the economy whereas when properly managed and invested in critical infrastructure and development projects, the loans can stimulate economic growth, create jobs, and improve public services.
“This is even as President Tinubu has assured that his government will ensure transparency and accountability in using these funds, which should have been Atiku’s focus instead of the infantile tantrums he threw in the public opinion space.
“This is why we ask the former vice president to differentiate between constructive criticism aimed at improving governance and accusations that can undermine public trust in Nigeria”, the group said.