Tinubu’s $500m Loan Is Debt Trap For Me, Atiku Claims

Former Vice President and Presidential Candidate of the African Democratic Congress, Atiku Abubakar, has condemned the Tinubu administration’s pursuit of a proposed $500 million World Bank loan, describing it as a debt trap for his incoming administration and Nigerians.
Atiku said President Bola Tinubu cannot borrow in the final days of his tenure and leave the Atiku administration and the Nigerian people to repay it.
“No outgoing president has the right to burden his successor with fresh debt days before handing over power,” he said.
In a statement issued by Phrank Shaibu, Director of Strategic Communication, ADC Presidential Campaign Council, Atiku said: “Taking loans as if you we...