Atiku defends new subsidy model, accuses Tinubu of economic arson

By Omeiza Ajayi Former Vice President Atiku Abubakar on Friday mounted a robust defence of his newly unveiled petroleum-sector intervention model, accusing President Bola Tinubu of economic arson, vandalism and propaganda in his condemnation of the proposal.“If the price Nigerians must pay for governors to meet their basic obligations is crushing transport costs, diminished purchasing power, food inflation and deepening poverty, then Tinubu has merely transferred solvency from the kitchen tables of ordinary families to government treasuries.

In a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, the African Democratic Congress ADC Presidential Candidate said there was an almost comical audacity in Tinubu calling anyone economically ignorant after presiding over an economy where government revenues have ballooned while citizens’ purchasing power has collapsed.