Ask Atiku Abubakar — Official Citizen Engagement Platform

What is the point of record government revenue if food, transport and electricity remain unaffordable?

I have said that the real test is not the size of the figures announced after FAAC meetings, but what those allocations can actually buy and what obligations they can meet. Government cannot become richer on paper while you become poorer in reality. If FAAC is truly booming, that boom should show up in the price of food, in transport, in electricity, healthcare, housing and jobs, and in the purchasing power of your salary.

Where this comes from

Article on X Article by @atiku on X · https://x.com/atiku/status/2097745799593841116 2026-09-09 ›
Government counts the naira but conveniently refuses to count what the naira can buy.” Atiku said the proper test of an economy is therefore not the size of the figures announced after FAAC meetings, but what those allocations can actually purchase and what obligations they are capable of meeting. “If FAAC is truly booming, then where is the boom? Where is it in the price of food? Where is it in transport? Where is it in electricity, healthcare, housing and jobs? Where is it in the purchasing power of salaries? Government cannot become richer on paper while the people become poorer in reality and then expect Nigerians to applaud the contradiction.” He said the contradiction becomes even more glaring when the debts still carried by states are placed beside claims of unprecedented revenue.
Ask another question Talk to Atiku

← Ask your own question  ·  More answered questions