Former Vice President Atiku Abubakar has outlined six critical actions for President Bola Tinubu to consider in order to effectively navigate his current role.
Firstly, Atiku emphasizes the importance of pausing and reflecting to establish a clear reform framework with defined objectives and strategies.
Secondly, he suggests a comprehensive review of the 2024 budget within this reform framework to address structural economic issues and the rising cost of living.
Thirdly, Atiku advocates for a thorough review of the Social Investment Programme to support vulnerable households and prioritize micro, small, and medium-sized enterprises (MSMEs).
Fourthly, he warns against burdening the poor with new taxes, urging instead for fiscal restraint and efficiency in revenue utilization.
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Fifthly, Atiku calls for transparency regarding the fuel subsidy regime and its impact on the economy.
Finally, he highlights the urgent need to address security challenges, particularly in agricultural regions, to mitigate food scarcity and economic instability.
Atiku also critiques Tinubu’s first year in office, arguing that his policies have exacerbated economic challenges and failed to deliver promised prosperity. He warns against implementing reforms without proper planning and outlines the negative consequences, including increased poverty and inflation.