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Vanguard (NG)·September 7, 2026 at 6:14 PM

Atiku Abubakar, presidential candidate of the African Democratic Congress (ADC), has accused the administration of President Bola Tinubu of reckless borrowing despite a windfall in oil revenue. According to Vanguard, Atiku said the Federal Government has continued to accumulate domestic debt even as crude oil prices have risen well above the benchmark used in budget planning. He likened the government's borrowing pattern to that of a drunken sailor, criticising its fiscal management.

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Atiku AbubakarNigeriafederal governmentborrowingoil revenueTinubu

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