
$4.5bn Oil-Backed Loan: Tinubu is weapon fashioned against Nigeria – Atiku
Atiku recalled that only days earlier, the Presidency had responded to his revelation of an unexplained ₦17 trillion crude oil windfall by claiming Nigeria could not fully benefit from soaring international crude prices because future earnings had already been committed to oil-backed foreign loans.
Atiku called on the administration to immediately publish full details of the refinancing arrangement, including its terms, repayment obligations and the volume of crude oil committed under the deal, insisting that Nigerians deserved transparency and a government that protects rather than mortgages the nation’s future.5 billion refinancing of the Nigerian National Petroleum Company NNPC Limited’s oil-backed loan, describing President Bola Tinubu as a weapon fashioned against Nigeria’s economy.
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