Atiku warns Tinubu against squandering oil windfall, external reserves

Former Vice President Atiku Abubakar condemned President Bola Tinubu's economic management, warning against the reckless depletion of external reserves to artificially support the Naira. He noted that external reserves had dropped by approximately $1.57 billion since March 11, reaching $48.45 billion, while Nigeria reportedly earned a ₦5 trillion oil windfall. Atiku called for structural economic reforms to restore confidence in the Naira and demanded that the oil windfall not be redirected into recurrent expenditure or political patronage.