IMF Report confirms Nigerians’ ‘renewed hardship’ under Tinubu — Atiku
Former Vice President Atiku Abubakar Critiques IMF Report on Nigeria’s Economic Situation
Former Vice President Atiku Abubakar has responded to a recent report from the International Monetary Fund (IMF) that suggests the economic reforms introduced by President Bola Tinubu have intensified hardship in Nigeria.
Atiku’s spokesperson, Phrank Shaibu, released a statement on Sunday highlighting the IMF’s latest assessment, which indicates a downward revision of Nigeria’s growth forecast to 4.1% and warns that the country is entering a more fragile economic phase.
The report has generated significant reactions from the public and various stakeholders. Atiku remarked that the IMF’s findings mirror the daily struggles many Nigerians face, contradicting the government’s optimistic portrayal of the economy.
He noted that while officials may discuss reforms in technical terms, everyday citizens are experiencing mounting economic pressures, with wages eroding against rising living costs. “The hardship has deepened under this administration, despite assurances of renewed hope,” Atiku stated.
He emphasized the dire circumstances at the grassroots level, pointing out that many families are opting to withdraw their children from school due to escalating expenses. Additionally, ongoing insecurity is compelling farmers to abandon their land.
As the situation unfolds, the implications of the IMF’s report remain a significant concern for both citizens and policymakers.
