Nigerian govt gives reasons why Atiku’s attack on Tinubu’s economic policies is ‘preposterous’

The Presidency has described the attack by former Nigeria’s Vice-President, Alhaji Atiku Abubakar on the economic policies of the President Bola Ahmed Tinubu led administration as preposterous.

Rather, the Presidency, in a statement by Special Adviser to the President on Information & Strategy, Bayo Onanuga late on Sunday, February 18, 2024 said FG’s policies were beginning to yield fruit as evidenced in the raft of policies by the Central Bank of Nigeria (CBN) to stabilise the Naira and end volatility in the market and this was already yielding some positive results and the increase in capital importation into the country amongst others.

Ripples Nigeria had earlier reported that Atiku in a statement issued on Sunday accused Tinubu’s government of hurriedly putting together a new FX management policy without proper plans and consultations with stakeholders, and for failing to anticipate or downplaying the potential and real negative consequences of its actions.