Onanuga Hails Tinubu’s ‘Prudent Management’, Taunts ADC as Nigeria’s External Reserves Hit $41bn

Presidency has mocked Atiku, Obi, El-Rufai, Lawal as external reserves hit $41bn, citing Tinubu’s prudent economic management.

The Presidency on Thursday mocked opposition coalition leaders, including former Vice President and 2023 presidential candidate on the platform of the People’s Democratic Party (PDP), Alhaji Atiku Abubakar; his counterpart in the Labour Party (LP) and former Anambra State governor, Mr Peter Obi; former Kaduna State governor, Mallam Nasir El-Rufai; and ex-Secretary to the Government of the Federation, Babachir Lawal, as the nation’s external reserves hit the $41 billion threshold.

The four are key figures in the African Democratic Congress (ADC), a new political coalition aiming to displace the ruling All Progressives Congress (APC) in the 2027 general elections.

The ADC has, in recent times, criticised the President Bola Tinubu-led government for reforms it claims have yet to make a tangible impact on the nation’s economy.

In response, presidential spokesman Bayo Onanuga, writing on his Facebook account, said: “The latest milestone was reached without our country having a massive inflow from oil sales. Indeed, oil prices are sliding southwards.

“It’s all about the prudent management of the economy by President Bola Tinubu. I can bet that Atiku Abubakar, Peter Obi, Nasir El-Rufai and Babachir Lawal would never acknowledge this remarkable success. They are more interested in their doomed campaign to overthrow Bola Tinubu.

“This obsession has blinded them from recognising the progress being delivered by President Bola Tinubu’s government on multiple fronts.” Arise News

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