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    HomeNewsIf Atiku Won 2023 Election, Nigeria’s Economy Would Be Worse – Presidency

    If Atiku Won 2023 Election, Nigeria’s Economy Would Be Worse – Presidency

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    President Bola Tinubu was smart to eschew former Vice President Atiku Abubakar’s suggestion that he follow in the footsteps of Argentina’s president, Javier Milei.

    According to Dada Olusegun, the President’s Senior Special Assistant on Social Media, if Tinubu had heeded Atiku, Nigeria would have had the same economic disaster as Argentina.

    According to reports, Argentina is awaiting a $2 billion International Monetary Fund (IMF) rescue fund. If accepted, the South American nation would have $41 billion in IMF debt, making it the largest debtor in the world.

    In response to the report, Olusegun reexamined Atiku’s remarks from February 25, 2024, in which he commended Milei’s economic policies for bringing down Argentina’s inflation rate.

    In the statement, the former Peoples Democratic Party (PDP) presidential candidate urged Tinubu to adopt Milei’s economic strategies.

    On Thursday, April 3, 2025, Olusegun said on his 𝕏 account that if Atiku had won the 2023 election, he would have caused an economic catastrophe in Nigeria.

    According to reports, the actual economy of Argentina, which Alhaji Atiku wants Nigeria to imitate, is currently experiencing a serious problem, he wrote.

    The nation now owes more to the IMF than any other nation in the world, and its public debts have hit all-time highs. In the meantime, massive deindustrialization is causing its manufacturing, construction, and education sectors to collapse. Argentina owes the Fund $28% of its total debt, or $41 billion in outstanding credit.

    The way that President Milei is handling the nation’s troubled economy is akin to loading it into a washing machine and hope it comes out clean. Exciting? Perhaps. A good plan? Let President Tinubu handle that.

    The Naira is stabilizing, the foreign exchange rate is rising, investors’ trust has risen, states are earning more money, the Nigerian stock market is booming, and many other positive developments are already evident in Nigeria as a result of economic reforms.

    If Nigerians had erred in appointing Alhaji as their country’s pilot, he would have guided Nigeria into the abyss of Venezuela. Perhaps it’s time to update your economic notes at last.

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