Atiku to Tinubu: $20.5bn loan plan vindicates my warning

Atiku Abubakar says President Bola Tinubu’s request for approval to borrow $20.52 billion and €1.045 billion in external loans vindicates his earlier warning. He faults the government for not identifying the projects, costs, locations and contractors, and questions whether the funds could benefit political allies, particularly through the Lagos–Calabar Coastal Highway. Atiku urged the National Assembly to withhold approval until loan details and repayment obligations are published. He vowed to scrutinise loans taken during Tinubu’s final year in office if elected and challenge any that violate constitutional or legal requirements.