Atiku Faults Tinubu’s Economic Record, Cites 767 Factory Closures

Former Vice President Atiku Abubakar has criticised the Presidency’s defence of President Bola Tinubu’s economic record, calling it “propaganda instead of performance.” He said Nigerians are becoming poorer despite government claims of improved economic indicators. Atiku cited the IMF’s Article IV consultation, which he said found that 63% of Nigerians live below the national poverty line and that about 27 million people faced food insecurity in late 2025. He argued that GDP figures and debt-ratio improvements do not reflect the rising cost of food, fuel and other essentials. He also questioned continued government borrowing after higher revenue and subsidy removal. Citing the Manufacturers Association of Nigeria, Atiku said 767 companies had shut down, 335 were distressed and businesses were holding about ₦2.14 trillion in unsold inventory. He said the government should be judged by whether families can afford food, businesses can operate and young people can find jobs.

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