Former Vice President Atiku Abubakar calls on President Bola Tinubu to identify those responsible for Nigeria’s alleged omission of public expenditure equivalent to 2% of GDP from recent budgets, after an International Monetary Fund (IMF) disclosure. Both outlets report that Atiku made the request through a statement released by his spokesperson, Phrank Shaibu. Atiku frames the issue as more than an accounting irregularity, describing it as indicative of entrenched institutional corruption and questioning the government’s transparency. He cites Nigeria’s constitutional requirement that withdrawals from the Consolidated Revenue Fund require proper legislative approval, referencing Section 80. Atiku asks a direct question—who “stole” the missing 2%—and argues that the government should provide clear explanations rather than treat the omission as a simple error. The dispute is reported in the context of broader scrutiny of the Tinubu administration, including mention of the Presidential Foreign Intervention Promotion Council (PFIPC) controversy. The outlets focus on Atiku’s demand and the IMF-referenced budget omission rather than providing details of any specific individuals or formal government responses.
Atiku demands Tinubu disclose missing 2% of Nigeria’s GDP reported by IMF
Former Vice President Atiku Abubakar calls on President Bola Tinubu to identify those responsible for Nigeria’s alleged omission of public expenditure equivalent to 2% of GDP from recent budgets, afte...
- Atiku Abubakar asks President Bola Tinubu to disclose who is responsible for missing expenditure.
- The demand follows an IMF report that Nigeria omitted public spending equal to 2% of GDP from recent budgets.
- Atiku’s request is issued through his spokesperson, Phrank Shaibu.
- Atiku argues the omission is not a mere accounting error and points to constitutional rules on legislative approval of funds.
- The reports place the controversy within wider scrutiny of the Tinubu administration, including PFIPC-related allegations.
Former Vice President and African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has called on President Bola Tinubu to disclose the individuals responsible for the alleged theft of two per cent of Nigeria’s Gross Domestic Product (GDP).Atiku’s demand followed a revelation by the International Monetary Fund (IMF), which reported that Nigeria omitted public expenditure equivalent to two per cent of its GDP from recent budgets. In a statement released by his spokesperson, Phrank Shaibu, Atiku described the disclosure as evidence of entrenched institutional corruption under Tinubu’s administration.He argued that the omission is not a mere accounting error but a constitutional and moral scandal. Citing Section 80 of the Nigerian Constitution, Atiku stressed that no funds should be withdrawn from the Consolidated Revenue Fund without proper legislative approval.“If, as the IMF has revealed, expenditure amounting to two per cent of Nigeria’s GDP was omitted from the budget process, then Nigerians are entitled to one simple question: Who stole the missing two per cent of our GDP?” Atiku stated.He further warned that until the government provides clear answers, its claims of transparency will remain unconvincing. The controversy comes amid growing scrutiny of the administration following the scandal surrounding the Presidential Foreign Intervention Promotion Council (PFIPC).
4 hours agoFormer Vice President and presidential candidate of the African Democratic Congress, ADC, Atiku Abubakar, has asked President Bola Tinubu to reveal to Nigerians those who stole two per cent of the country’s Gross Domestic Product. Atiku made the demand in statement released on Saturday by his spokesperson, Phrank Shaibu. The demand followed a revelation by the International […] IMF: Reveal those who stole 2% of Nigeria’s GDP – Atiku to Tinubu
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