Atiku, ADC Reject Tinubu’s Fresh $20bn, £1bn Loan

Former Vice President and African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, and the ADC Presidential Campaign Council (ADC-PCC) have rejected President Bola Tinubu’s request for approval to borrow $20.52 billion and €1.045 billion, describing the move as reckless and a danger to Nigeria’s future.
Atiku said the President’s request vindicates his October 12 warning about a loan plan of up to $20 billion.
In a statement issued by Phrank Shaibu, Director of Strategic Communication of the ADC Presidential Campaign Council, Atiku said the President’s failure to identify the specific projects the loans would fund raises serious concerns that borrowed public money cou...