Former Vice President Atiku Abubakar has faulted the President Bola Ahmed Tinubu-led Federal Government’s latest plan to raise another bond to settle debts in the power sector.
Atiku described the plan as a scandalous display of fiscal recklessness.
He disclosed this in a statement issued on Sunday by his spokesperson, Phrank Shaibu.
Recall that President Tinubu, in his Democracy Day message, said his administration plans to raise a N4 trillion bond to tackle legacy power sector debt.
Reacting, Atiku noted that Nigerians have every right to be outraged by what is fast becoming a recurring cycle of borrowing, deception, and non-disclosure under the Tinubu administration.
According to him, no government acting in good faith can repeatedly raise funds to solve the same problem while refusing to account for previous funds raised for the very same purpose.
“Yet, before the applause from that announcement could
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