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Legit.ng·September 9, 2026 at 6:55 PM

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.

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Atiku AbubakarBola TinubuFAACNairaNigerian economy

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