Nigeria is broke says Atiku

The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar has said that Nigeria is currently being dressed in borrowed robes.

Abubakar said the All Progressives Congress-led government has distorted the economy since 2015, adding that basic commodities are now beyond the reach of ordinary Nigerians.

The PDP standard bearer spoke on Tuesday at the presidential economic agenda forum of the Lagos Chamber of Commerce and Industry (LCCI).

“Nigeria is being dressed in borrowed robes. APC has consistently run on a budget deficit since 2015… above three percent permissible threshold under FRA… and more if you add CBN and AMCON debt in ways and means,” he said.

Speaking on his plans for the economy, Abubakar said he will pursue a “warm handshake policy for the private sector”.

He said, “We will ensure we give a warm handshake to the private sector. They are important for any sector or economy to succeed.

“I enjoy making people rich. I feel fulfiled when I make opportunities for others.”