Sunday, June 15, 2025
22.2 C
Tallinn

Bayo Onanuga Responds to Atiku, Points to Reforms and Growth

Lagos, Nigeria (CHATNEWSTV) — A senior aide to President Bola Tinubu has strongly rejected former Vice President Atiku Abubakar’s recent criticisms of the administration, calling them “unfair” and driven by “animosity” rather than objective analysis.

Bayo Onanuga, Special Adviser on Information and Strategy to President Tinubu, issued the response Thursday, highlighting what he described as significant progress made by the government in its first two years.

“Unless former Vice President Atiku allowed personal grievances to cloud his judgment, he should, in good conscience, acknowledge the significant progress and positive achievements made by this administration over the past two years,” Onanuga said.

Onanuga defended key economic reforms, including the removal of the fuel subsidy and unification of the foreign exchange system, which previous administrations, including that of Obasanjo and Atiku, had pledged but failed to implement.

“These reforms have stabilized government finances, curbed systemic corruption, and enabled direct investments into social programmes and infrastructure,” he said.

The adviser also pointed to a surge in the Nigerian Exchange’s All-Share Index from 50,000 to over 110,000 since 2023, with market capitalization rising to N69.4 trillion from about N30 trillion.

Onanuga rejected Atiku’s claim that the government’s policies were “anti-people,” citing increased investments in social safety nets, a doubling of the minimum wage from N30,000 to N70,000, and the launch of a Student Loan Scheme benefiting over 600,000 students.

“Contrary to Atiku’s claim that education was out of reach for poor Nigerians, the government has made higher education more accessible to deserving youths,” Onanuga said.

The adviser also disputed allegations that the government was borrowing fresh funds to finance the 2025 budget, citing Finance Minister’s clarification that only $1.2 billion in new borrowing is planned this year.

On fiscal performance, Onanuga said the government had paid off a $3.4 billion IMF loan, reduced the debt service ratio to revenue from 93% to 60%, and ended decades of deficit financing.

“This government has admitted honestly that the reforms come with attendant challenges and has worked vigorously to lessen the pain,” he added.

Onanuga concluded by urging constructive criticism from opposition leaders and warned against partisan rhetoric.

“Nigerians deserve opposition leaders who offer solutions, not just criticism,” he said.

Hot this week

Dozens killed in coordinated overnight Fulani Herdsmen attack on Benue village

YELEWATA, Nigeria (CHATNEWSTV) — Suspected Fulani herdsmen stormed the...

SERAP to Tinubu: End impunity over June 12, mandate e-transmission of results

LAGOS, Nigeria (CHATNEWSTV) — The Socio-Economic Rights and Accountability...

Iran-bound Nigerian businessman nabbed at Port Harcourt airport for swallowing 53 wraps of cocaine

PORT HARCOURT, Nigeria (CHATNEWSTV) — A Nigerian businessman heading...

Op-Ed: Mohammed Lawal Uwais, 12 June 1936 – 6 June 2025 By Chidi Anselm Odinkalu

When he opened the All Nigerian Judges Conference in...

Israelis React With Defiance, Despair After Iran’s Retaliatory Strikes

TEL AVIV, Israel (CHATNEWSTV) — In the wake of...

Latest

Dozens killed in coordinated overnight Fulani Herdsmen attack on Benue village

YELEWATA, Nigeria (CHATNEWSTV) — Suspected Fulani herdsmen stormed the...

SERAP to Tinubu: End impunity over June 12, mandate e-transmission of results

LAGOS, Nigeria (CHATNEWSTV) — The Socio-Economic Rights and Accountability...

Iran-bound Nigerian businessman nabbed at Port Harcourt airport for swallowing 53 wraps of cocaine

PORT HARCOURT, Nigeria (CHATNEWSTV) — A Nigerian businessman heading...

Op-Ed: Mohammed Lawal Uwais, 12 June 1936 – 6 June 2025 By Chidi Anselm Odinkalu

When he opened the All Nigerian Judges Conference in...

EU Urges Restraint After Israeli-Iran Strikes, Warns of ‘Dangerous Escalation’

BRUSSELS (CHATNEWSTV) — The European Union on Friday expressed...

How Trump and Netanyahu Outfoxed Iran With Words and Missiles

WASHINGTON — In a world of diplomatic ambiguity and...
spot_img

Related Articles

Popular Section

spot_imgspot_img

MORE FROM CHATNEWSTV

SERAP to Tinubu: End impunity over June 12, mandate e-transmission of results

LAGOS, Nigeria (CHATNEWSTV) — The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to “promptly set up a presidential panel of...

Pistorius again rejects his party’s Russia policy demands

Agency Report - German Defence Minister Boris Pistorius on Thursday again rejected demands from his centre-left colleagues for a reversal in the government's Russia policy,...

California Senator Alex Padilla Forcibly Removed From DHS Event in LA

California Senator Alex Padilla was forcibly removed from a news conference held by Homeland Security Secretary Kristi Noem at a federal building in Los...

Full Text: President Tinubu’s Address To Joint National Assembly On Democracy Day

President Tinubu’s Address To Joint National Assembly On Democracy Day ADDRESS BY PRESIDENT BOLA AHMED TINUBU, GCFR AT THE JOINT SESSION OF THE NATIONAL ASSEMBLY IN...

Abia Ex-Milad Denounces Marginalization of Okpe Kingdom

Air Vice Marshal (rtd) Frank Ajobena may have stirred another round of controversy among Delta political leaders where he observed that the Okpe Nation...

Tinubu Smarter Than Peter Obi, Atiku, Says Former Atiku Campaign Spokesman Sowunmi

LAGOS, Nigeria (CHATNEWSTV) — Segun Sowunmi, former spokesman for Atiku Abubakar’s presidential campaigns in 2019 and 2023, has praised President Bola Tinubu as “smarter...

PDP Stakeholders Demand Southern Presidential Candidate for 2027, Reaffirm Sam Anyanwu as National Secretary

ABUJA, Nigeria (CHATNEWSTV) — Stakeholders of the Peoples Democratic Party (PDP) on Tuesday called for the party’s 2027 presidential ticket to be zoned to...

Funds Abacha Kept for Nigeria ‘Vanished After His Death,’ Wife Alleges

Maryam Abacha, widow of the late former Nigerian military head of state, General Sani Abacha, has said her husband didn’t embezzle public funds. While speaking...

2027 Polls: Reconsider Partisan INEC Appointments, SERAP Urges Tinubu

LAGOS, Nigeria (CHATNEWSTV) — The Socio-Economic Rights and Accountability Project (SERAP) on Sunday called on President Bola Tinubu to reconsider the appointment of at...