Was there really money available for your stimulus plan, as the IMF showed?
Yes. The IMF has shown that ₦8.8 trillion, about $5.5 billion at current exchange rates, was available. It was not unavailable, and it was not non-existent. I raise this because my plan was dismissed as unrealistic, when the resources to support it were there.
Where this comes from
Article on X Article by @atiku on X · https://x.com/atiku/status/2073404094681588038 2026-07-04 ›
I wish to place this figure in concrete human terms. In the 2023 presidential election, I presented to Nigerians a comprehensive economic recovery programme anchored on a $10 billion stimulus package, an intervention designed to recapitalise the productive economy, restore exchange rate stability, reduce the cost of borrowing for Nigerian businesses, and create millions of jobs across the agricultural, manufacturing, and technology sectors. Critics and supporters of the Tinubu administration dismissed that proposal as ambitious, even unrealistic, asking where the resources would come from. The IMF has now answered that question. ₦8.8 trillion, the equivalent of approximately $5.5 billion at current exchange rates, was available. It was not unavailable. It was not non-existent.