News

Purge Yourself Of Petty Politics -Onanuga Slams Atiku

Published

3 hours ago

Nov 18, 2024.

The Special Adviser to President Bola Tinubu on information and strategy, Bayo Onanuga, has slammed former Vice President Atiku Abubakar.

Onanuga urged Atiku to purge himself of petty politics, saying he is peddling economic fantasies.

Over the weeks, there has been exchanges between the presidency and Atiku after he proposed solutions to the country’s economic challenges.

The former vice-president, had last week said he could not be envious of Tinubu because he inflicts pain on Nigerians.

Onanuga, in a statement on Sunday, re-emphasized that Nigerians rejected Atiku and his ideas during the 2023 presidential election.

“Atiku’s critiques of Tinubu’s presidency are mere harebrained propositions devoid of realistic alternatives.

“He must reckon with the decades of mismanaged economy inherited by the current administration, including exorbitant subsidy expenditures far exceeding government earnings from crude oil.

“As of mid-2023, the landing cost of fuel was between N500 and N600, while it was sold nationwide at an average of N200. The 2023 budget allocated N3.36 trillion for fuel subsidies until June 2023 against a projected N2.23 trillion in oil revenue for the year.

“The Nigerian state was on life support.We expect Atiku to commend what the Tinubu administration has done concerning revenue generation for the Federation.

“Without factoring in oil sales, revenue proceeds generated by the Federal Inland Revenue Service almost doubled in the first half of 2024, compared with the level Tinubu met in 2023. The states and councils are more prosperous because of it, as many states have increased the minimum wage for their workers to between N70,000 and N85,000.

“Atiku’s proposal to privatise the four government-owned refineries, which collectively can only meet a fraction of the nation’s daily fuel consumption when activated, lacks originality,” he said.

Click here to watch our video of the week: