Atiku Slams Proposed N4tn Bond, Calls For Transparency In Power Debt Settlement

Former Vice President and presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has criticised the Federal Government’s latest move to raise fresh funds to settle debts in the power sector, describing the proposed intervention as evidence of fiscal recklessness and poor accountability.
Atiku stated this in a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, on Sunday.
According to the him , Nigerians deserve explanations over what Atiku described as repeated borrowing initiatives targeted at resolving power sector liabilities without clear disclosure on the utilisation of previously raised funds.
Atiku argued that suc...