Atiku Abubakar, presidential candidate of the African Democratic Congress (ADC), has accused the administration of President Bola Tinubu of undermining its claims of fiscal discipline, citing the alleged allocation of N1.08 trillion to the Federal Cooperative College, Oji River, Enugu State, for the execution of 2,791 capital projects across the country in the 2026 Appropriation Act.
In a statement issued Tuesday by Phrank Shaibu, his Senior Special Assistant on Public Communication, Atiku described the allocation as a glaring example of budget distortion, saying it contradicted the administration’s insistence that painful economic reforms, higher taxes and increased borrowing were necessary to restore fiscal stability.
Commending civic organisation Tracka for uncovering the budget provision, Atiku argued that it was illogical for a cooperative college to serve as the implementing agency for thousands of projects nationwide.
“Nothing exposes the hollowness of that claim more than a budget that turns a federal cooperative college into one of Nigeria’s largest project-implementing agencies,” he said. Related News Kaspersky uncovers new malware framework targeting cryptocurrency users across 25 countries Osun gov'ship poll critical to state's future, Bashiru rallies APC members SEC holds Abuja investor clinic on unclaimed capital market assets
