Former Vice President Atiku Abubakar on Friday alleged that President Bola Tinubu administration, whom he refers to as “the President’s men,” is pushing the Nigerian economy into a deeper crisis.
Atiku also stated that Tinubu’s reforms are without a human face.
The former vice president made this statement on Friday while criticising the government’s decision to increase electricity tariffs.
He lamented that the government unleashed “another dose of reforms” without adequate notice and a post-reform plan to mitigate the pain.
“The increase in electricity tariff comes at a time when Nigerian citizens are going through excruciating difficulties occasioned by the withdrawal of subsidy on PMS and floating of the domestic currency,” Atiku said.
“The hike in electricity tariff will create more difficulties for the citizens as inflationary pressures are elevated. Our manufacturing sector will similarly be impacted negatively.”
Atiku, however, urged Tinubu to ensure that these reforms are sequenced, implement measures to mitigate the pain, and hold the NERC responsible for ensuring improved service delivery.
“It is important that we understand the root cause of the inefficiencies in the power sector before unleashing another dose of reforms. It is time to revisit the privatisation exercise that produced the DISCOs.”
