Nigerians Future Mortgaged By Tinubu – Atiku

Mayowa DurosinmiAugust 22, 20241 Mins read762

Atiku Abubakar, the 2023 presidential candidate of the Peoples Democratic Party (PDP), stated on Wednesday that President Bola Tinubu, his family, and associates have mortgaged the future of Nigerians.

This was contained in a statement released by his Media Adviser, Paul Ibe, stating that Atiku believes that even after Tinubu leaves office, breaking from Tinubu’s shackles will be nearly impossible.

Drawing a parallel, Atiku likened Tinubu’s entwining of his business interests in the Lagos State government’s public enterprises to his similar efforts at the federal level.

Just as Alpha Beta, Primero, and others act as Tinubu’s proxies in Lagos, managing critical sectors and generating revenue for him and his family, he has begun to replicate this at the federal level,” he stated.

Atiku marvelled at the operation of the Nigerian National Petroleum Company Limited (NNPCL) and how the government-owned oil company had put its retail arm under the control of OVH, a company in which Oando Plc, led by Wale Tinubu, a relative of the President, owns 49 per cent.

This, he described as “criminal hijacking of the NNPC by corporate cabals around the current president.”

He said this represents a clear case of illogical business transactions and abuse of office by Tinubu, who has prevented NNPC from becoming a public liability company as stipulated by the Petroleum Industry Act (PIA).

Meanwhile, the Organised Crime and Corruption Reporting Project (OCCRP), a global network of investigative journalists, reported that the coastal highway project had been taken to court and revealed a close relationship between Tinubu’s son, Seyi, and Gilbert Chagoury, who was awarded the contract without competitive bidding.

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