Presidency Accuses Atiku Abubakar of Spreading Misleading Claims and Hypocrisy

In a recent press statement issued by the State House, Alhaji Atiku Abubakar, former Vice President and Peoples Democratic Party Presidential Candidate in the 2023 election, was accused of distorting facts to discredit the current administration led by President Bola Tinubu.

Presidency Accuses Atiku Abubakar of Spreading Misleading Claims and Hypocrisy
Presidency Accuses Atiku Abubakar of Spreading Misleading Claims and Hypocrisy

The statement highlighted Atiku’s alleged penchant for manipulating facts to serve his own agenda, particularly in undermining the efforts of the current government to foster economic growth and attract investments. It disputed Atiku’s claims and provided counterarguments to set the record straight.

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According to the State House, the Tinubu administration had attracted over $20 billion into the economy within its first year, with notable investments from Indian and Dutch businesses, among others. It emphasized a significant increase in foreign investment in Nigeria’s stock market and cited various sectors like telecoms, manufacturing, and oil and gas as receiving substantial foreign direct investments.

The statement also addressed Atiku’s accusation of conflict of interest regarding the award of the Lagos-Calabar Coastal highway project to Hitech Construction Company, allegedly owned by the Chagoury family, due to Seyi Tinubu’s association with CDK, a tiles manufacturing company. It defended Seyi Tinubu’s right to pursue legitimate business interests and clarified his role on the CDK board.

Furthermore, the State House criticized Atiku’s opposition to transformative projects like the Lagos-Calabar Highway, suggesting it was driven by political motives rather than genuine concern for national development. It called for Atiku to acknowledge and support such initiatives, which it claimed would bolster the country’s economy and prosperity.

In conclusion, the statement reiterated the Tinubu administration’s commitment to ambitious economic programs and critical infrastructure projects, aiming to elevate Nigeria to a $1 trillion economy in the coming years

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