Former Vice President Atiku Abubakar has criticized President Bola Tinubu’s economic policies, stating they have created a hostile environment for businesses to thrive. He argued that the private sector is overwhelmed and burdened by the president’s failure to address policy fallout.
Atiku recommended six economic rescue strategies, including pausing and reflecting on reforms, reviewing the 2024 budget, and mitigating the impact of policies on vulnerable households.
He also cautioned against introducing new taxes or increasing tax rates, providing clarity on the fuel subsidy regime, and tackling security challenges head-on.
Atiku’s critique comes as President Tinubu marks his first year in office, with the economy facing challenges such as rising input prices, higher energy and borrowing costs, and exchange rate complexities.
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