Power sector: Tinubu’s N4trn bond fiscal recklessness, says Atiku

From Ndubuisi Orji, Abuja
Former Vice President Atiku Abubakar has faulted plans by the Federal Government to raise N4 trillion bond to settle debts in the power sector, noting that it is a “display of fiscal recklessness and brazen contempt for public accountability.”
Atiku, in a statement by his Senior Special Assistant on Public Communication, Phrank Shaibu, on Sunday, decried endless borrowing and alleged non-disclosure under the President Bola Tinubu’s administration.
President Tinubu, in his Democracy Day Address, last Friday, had disclosed that the Presidential Power Sector Task Force has been authorised to raise N4 trillion through bond to pay verified legacy debts in the po...