Higher FAAC Allocations Haven’t Made Nigerians Richer

Higher FAAC allocations haven’t made Nigerians richer

ABUJA: Former Vice-President and presidential candidate of the African Democratic Congress, ADC, Atiku Abubakar, has described the Federal Account Allocation Committee, FAAC, disbursements to the three tiers of government as an “illusion”, arguing that rising nominal allocations have not translated into improved living standards for Nigerians. Atiku, in a statement issued on Wednesday by his […]

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

Atiku Accuses Tinubu Govt of Reckless Borrowing Despite Oil Revenue Windfall

The presidential candidate of the African Democratic Congress, ADC, Atiku Abubakar, has criticised the Federal Government over its domestic borrowing, arguing

“Tinubu is celebrating GDP growth while the market tells a different story” — Atiku’s aide

GistReel Paul Ibe, an aide to the African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has criticised the Tinubu administration’s economic narrative, arguing that Nigerians’ lived experiences do not reflect the positive macroeconomic figures being highlighted by the government. Ibe made the remarks in a post on X while questioning the administration’s repeated celebration of GDP …

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.