Former Vice President Atiku Abubakar has urged Nigeria's Federal Government to explain the real impact of rising Federation Account Allocation Committee (FAAC) disbursements, arguing that higher naira figures should be weighed against currency value, inflation, and state obligations. According to Tribune Online, Atiku made the call on Wednesday through his Senior Special Assistant on Public Communication, Phrank Shaibu, questioning whether the increased allocations translate into genuine benefits for citizens.

Former Vice President Atiku Abubakar has described President Bola Tinubu's Federation Account Allocation Committee (FAAC) revenue boom as a scam, arguing it has delivered no tangible value to Nigerians. According to a statement issued by his spokesperson, Phrank Shaibu, and shared on X on Wednesday, Atiku said the much-celebrated FAAC boom has not translated into improved living standards for citizens despite increased allocations to government tiers.

Atiku Abubakar, presidential candidate of the African Democratic Congress (ADC), has criticised the rise in federal allocations, describing it as a scam of numbers without economic value. According to ThisDay Live, Atiku argued that the increased allocations mean more naira but less value, alongside mounting debts. He accused the federal government of presenting figures that do not translate into real economic benefits for Nigerians, the outlet reported from Abuja.

Former Vice President Atiku Abubakar has criticised President Bola Tinubu's touted rise in FAAC allocations, calling it a 'money illusion'. According to Atiku, the nominal increase masks a 40% fall in the naira's dollar value, weakened purchasing power, and about ₦5.3 trillion in state debt, challenging the administration's claims of economic progress for states and citizens.

Former Vice-President Atiku Abubakar has criticized the current administration under President Tinubu, claiming that hunger has become a prominent issue during his tenure. He accused the Presidency of deflecting blame onto the media for the escalating insecurity and economic difficulties in Nigeria, describing this response as a dangerous denial of the realities faced by ordinary citizens, according to a statement from his Senior Special Assistant on Public Communication, Phrank Shaibu.

Former Vice President Atiku Abubakar has accused President Bola Tinubu's administration of creating an illusion of economic prosperity by celebrating rising naira-denominated revenues. According to a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, Nigerians are simultaneously facing currency depreciation, inflation, declining purchasing power and mounting public debt. Atiku argued that bigger naira revenue figures mask reduced real economic value for ordinary citizens.