Former Vice President Atiku Abubakar accused President Bola Tinubu of turning Nigeria into a personal enterprise and essentially “mortgaging the future of Nigerians to himself, his family, and his associates.”
Atiku, through his media adviser Paul Ibe, expressed concern that Nigeria might remain under Tinubu’s influence even after his presidency ends.
He compared Tinubu’s current actions to how he previously merged Lagos’s public businesses with his private interests.
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“Atiku said, ‘Just as Alpha Beta, Primero, and others acted as Tinubu’s proxies in Lagos, managing key sectors and generating revenue for him and his family, he is now doing the same at the federal level.’
He pointed out the controversial acquisition of OVH by NNPC Retail, a deal involving Wale Tinubu’s Oando, which holds a 49 percent stake. Atiku criticized this move, calling it a “criminal hijack” that undermines transparency.
Atiku explained that the terms of the acquisition were kept secret and questioned the credibility of the ongoing investigation into NNPC due to its ties with Tinubu allies.
“Senator Opeyemi Bamidele, leading the investigation, is a known ally of Tinubu,” Atiku said.
“His past connection with Tinubu raises concerns about the impartiality of the investigation.”
Atiku also highlighted the Lagos-Calabar Coastal Highway project, now in court over its controversial awarding to Gilbert Chagoury, noting the close ties between Chagoury and Tinubu’s family.
“This project, which I previously criticized as fraudulent, is now under legal scrutiny,” Atiku stated. “The connections between Chagoury and Tinubu’s family suggest serious conflicts of interest.”
