Former Vice President Atiku Abubakar has expressed strong disapproval of President Bola Tinubu's administration's intention to issue a new bond aimed at settling debts within the power sector, amounting to N4 trillion. In a statement released by his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku characterized the proposed bond as an example of "fiscal recklessness" and labeled it a "racket" that fails to ensure accountability. He emphasized the need for responsible financial management in addressing the challenges facing the power sector.
Don't miss out on breaking stories and in-depth articles.
