APC Spokesman Claims: Atiku Publicly Admitted Squandering $21 Billion Meant For Power

The National Publicity Secretary of the All Progressives Congress (APC), Felix Morka, has accused former Vice President Atiku Abubakar of mismanaging funds during his time in office.

Morka’s comments came in response to Atiku’s criticism of the Bola Tinubu-led administration over the country’s economic challenges.

Speaking on Channels Television’s Politics Today on Monday, Morka argued that Atiku lacks the moral authority to critique the current government.

According to the APC spokesman, Atiku had publicly admitted to squandering $21 billion earmarked for electricity projects during his tenure from 1999. He further claimed that despite Nigeria enjoying an oil windfall under Atiku’s administration, the resources were not directed toward sustainable development.

Morka stated:
“When was the last time in this country’s history that we recorded consecutive trade surpluses, lowered imports, and optimized non-oil exports as we are seeing today? During Atiku’s administration, from 1999, Nigeria enjoyed a massive oil windfall. What did they do with it? This same Atiku has publicly confessed to squandering $21 billion meant for electricity. Has he forgotten?

“I respect Nigerians’ right to speak about economic issues, but when people who were entrusted with authority fail to solve problems, and then criticize subsequent governments, it is disingenuous. On this matter, Atiku should remain quiet.”