Atiku Calls Tinubu's FAAC Boom a 'Money Illusion' as Naira Loses Dollar Value

Tinubu's FAAC boom scam, valueless to Nigerians – Atiku

Former Vice President Atiku Abubakar has said President Bola Ahmed Tinubu’s Federation Account Allocation Committee, FAAC, boom is a scam because it has not added value to Nigerians. Atiku made this disclosure in a statement by his spokesperson, Phrank Shaibu, which was shared on X, Wednesday. He noted that the much-celebrated FAAC “boom” is a […] Tinubu’s FAAC boom scam, valueless to Nigerians – Atiku

Tinubu’s FAAC boom scam, valueless to Nigerians – Atiku - NewsTmes.com.ng

Former Vice President Atiku Abubakar has said President Bola Ahmed Tinubu’s Federation Account Allocation Committee, FAAC, boom is a scam because it has not added value to Nigerians. Atiku made this disclosure in a statement by his spokesperson, Phrank Shaibu, which was shared on X, Wednesday. He noted that the much-celebrated FAAC “boom” is a … The post Tinubu’s FAAC boom scam, valueless to Nigerians – Atiku appeared first on NewsTmes.com.ng.

Atiku calls Tinubu's FAAC boom a 'money illusion' as Naira loses Dollar value

Atiku Abubakar says rising FAAC allocations mask a 40% fall in dollar value, weaker purchasing power and ₦5.3tn in state debt, challenging Tinubu's claims.

Nigeria Gets Bigger Naira Figures, Less Value

Former Vice President Atiku Abubakar has accused the President Bola Tinubu administration of creating an illusion of economic prosperity by celebrating rising naira-denominated revenues while Nigerians contend with currency depreciation, inflation, declining purchasing power and mounting public debt. Atiku, in a statement issued on Wednesday by his Senior Special Assistant on Public Communication, Phrank Shaibu, […]