ATIKU CHALLENGES TINUBU OVER ₦3.3TRN POWER DEBT BOND, DEMANDS FULL ACCOUNTABILITY

Former Vice President and opposition leader, Atiku Abubakar, has questioned the Federal Government’s decision to approve a fresh ₦3.3 trillion power sector debt bond, demanding full disclosure on the liabilities and beneficiaries involved.
Atiku expressed concern over the growing financial obligations linked to the power sector, arguing that Nigerians deserve transparency regarding how the debt accumulated and how the proposed bond will be managed.
According to him, the government must provide detailed information on the nature of the debt, the entities involved, and the expected impact on public finances.
The former presidential candidate warned against burdening future generations with additional debt without clear accountability and measurable improvements in electricity supply.
He also called for greater transparency in the management of the power sector, insisting that reforms must be accompanied by public scrutiny and responsible financial governance.
The development has sparked fresh debate over Nigeria’s energy sector challenges, with stakeholders demanding clearer explanations on the debt structure and the long-term implications for the economy.