Former Vice President Atiku Abubakar has alleged that the President Bola Tinubu administration presides over opaque Federation Account deductions, questionable management of oil revenues, parallel funding arrangements and allegations of off-book transactions. The former Vice President said these alleged irregularities come as Nigerians are now buying petrol at as much as ₦1,470 per litre. Atiku said it is unconscionable for a government that has extracted unprecedented sacrifice from citizens in the name of subsidy removal to keep raising the cost of survival while refusing to provide a clear, verifiable account of the enormous revenues, savings and deductions accumulated under its watch. In a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku said Nigerians were told that subsidy removal would free resources for education, healthcare, infrastructure and other essential services, but nearly three and a half years later citizens are yet to see the benefits.
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