By Omeiza Ajayi, ABUJA
Former Vice President and Presidential Candidate of the African Democratic Congress ADC, Atiku Abubakar, has said the International Monetary Fund, IMF’s disclosure that Nigeria omitted public expenditure equivalent to two per cent of its Gross Domestic Product GDP from recent budgets has exposed what appears to be a deeply entrenched system of institutional corruption under the President Bola Tinubu administration.
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In a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku said the IMF’s disclosure, coming on the heels of the scandal surrounding the controversial Presidential Foreign Intervention Promotion Council PFIPC, paints the picture of a government where public institutions are increasingly being converted into instruments for opaque financial dealings.
He maintained that until the question of who stole the missing two per cent of Nigeria’s GDP is honestly answered, every claim of transparency by the administration will ring hollow.
