By Omeiza Ajayi

Former Vice President Atiku Abubakar on Friday mounted a robust defence of his newly unveiled petroleum-sector intervention model, accusing President Bola Tinubu of economic arson, vandalism and propaganda in his condemnation of the proposal.

He insisted that the president has mistaken Nigerians’ capacity to endure suffering for evidence that his economic policies are working.

In a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, the African Democratic Congress ADC Presidential Candidate said there was an almost comical audacity in Tinubu calling anyone economically ignorant after presiding over an economy where government revenues have ballooned while citizens’ purchasing power has collapsed.

Shaibu quoted Atiku as saying: “If economic ignorance had a presidential seal, Tinubu and his family would be its official logo. Here is an administration that detonated simultaneous fuel-price, exchange-rate and cost-of-living shocks across a fragile economy, watched millions become poorer, and now struts around Abuja demanding applause for the wreckage.