Atiku rejects Tinubu’s economic scorecard, cites unpaid wages
He further faulted attempts to blame rising debt servicing costs solely on high interest rates, pointing instead to government borrowing patterns under the current Monetary Policy Rate regime.
Atiku said government’s insatiable appetite for borrowing has crowded out productive businesses while pushing debt servicing to unsustainable levels, adding that to now blame interest rates is nothing short of an admission of policy failure.” On the administration’s public debt profile, Atiku cited figures from the Central Bank of Nigeria CBN, noting that the Federal Government’s exposure to the apex bank stood at approximately ₦26.
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