By Omeiza Ajayi
ABUJA: Presidential Candidate of the opposition African Democratic Congress ADC, Atiku Abubakar, has challenged President Bola Tinubu to account for approximately ₦30 trillion in Federation revenues, deductions, savings and transfers requiring transparent reconciliation, saying the latest July 2026 Federation Account figures show that the troubling pattern has continued.
Atiku, in a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, said the administration must particularly account for the revenues and fiscal gains arising from the removal of petroleum and energy subsidies, noting that Nigerians were specifically promised that the painful reforms would release resources for development.
“President Tinubu did not ask Nigerians to endure the agony of subsidy removal so that the proceeds could become unexplained stashed funds beyond public scrutiny. The savings and additional revenues generated by these reforms belong to the Nigerian people. They are not the private reserves of the Presidency or any government agency. Where is the subsidy-removal windfall?” he queried.
Such resources, he said, should have been visibly invested in transformative projects that directly improve the lives and productive capacity of Nigerians.
