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Why Not Consider An Atiku? - Politics - Nairaland

Nairaland Forum › Nairaland General › Politics › Why Not Consider An Atiku? (351 Views)

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Why Not Consider An Atiku? by Famoosky(op): 3:58am On Sep 08
A Tinubu supporter won’t be wrong to say that President Tinubu's administration has been performing excellently in areas of economic management. Increasing external reserves is not a joke. At the early stage of his first term, at the end of 2023, gross external reserves were approximately $33.22 billion. The reserves kept increasing year on year. They rose from roughly $33.22bn in 2023 to $40.19bn in 2024, then to about $45.7bn in 2025. Now, in September 2026, reserves have risen to about $54.1bn.

The CBN also reported that net FX reserves rose from only about $3.99 billion two years earlier to $34.8 billion by the end of 2025. This is indeed a substantial improvement, as higher reserves give the CBN greater capacity to manage foreign-exchange shocks. Of course, such economic data suggests greater confidence in the naira, improved ability to finance imports, and even the country's potential to meet external obligations. We must not forget that good macroeconomic data can also shape sovereign risk perception, foreign investor confidence, and resilience against oil price or global financial shocks.

However, if we examine the statement closely, we can argue against that point. First of all, the word “economic management" is broad. More precisely, a nation's economic management covers both macro and microeconomics. What was said above focuses on macroeconomic data.

How about the microeconomic data? Obviously, a Tinubu supporter may intentionally stay silent on this for a reason—reliable data doesn't show that household economics is worthwhile. For instance, the World Bank estimates that more than 60% of Nigerians were below the national poverty line in 2025 and that around seven million additional Nigerians fell into poverty during 2025, despite improving macroeconomic conditions. Furthermore, poor households can spend as much as 70% of their income on food.

Nigeria's headline inflation fell to 15.43% in July 2026, down from 15.91% in June. In May 2024, inflation reached 33.95%, then its highest level in roughly 28 years, while food inflation reached about 40.66%. So economically, 33.95% → approximately 15.4% is a huge change.

Sadly, lower inflation does not mean prices have fallen. It means prices are increasing more slowly. Imagine that something went: ₦10,000 → ₦14,000 → ₦17,000 → ₦19,000. If inflation later falls dramatically, the product does not automatically return to ₦10,000.

That explains why Atiku can also credibly argue that Nigerians remain under severe cost pressure. Perhaps you’re among those under severe cost pressure; you may want to consider Atiku!

Do you think Atiku is worth voting for?
Re: Why Not Consider An Atiku? by MIKOLOWISKA: 5:16am On Sep 08
Famoosky:
A Tinubu supporter won’t be wrong to say that President Tinubu's administration has been performing excellently in areas of economic management. Increasing external reserves is not a joke. At the early stage of his first term, at the end of 2023, gross external reserves were approximately $33.22 billion. The reserves kept increasing year on year. They rose from roughly $33.22bn in 2023 to $40.19bn in 2024, then to about $45.7bn in 2025. Now, in September 2026, reserves have risen to about $54.1bn.

The CBN also reported that net FX reserves rose from only about $3.99 billion two years earlier to $34.8 billion by the end of 2025. This is indeed a substantial improvement, as higher reserves give the CBN greater capacity to manage foreign-exchange shocks. Of course, such economic data suggests greater confidence in the naira, improved ability to finance imports, and even the country's potential to meet external obligations. We must not forget that good macroeconomic data can also shape sovereign risk perception, foreign investor confidence, and resilience against oil price or global financial shocks.

However, if we examine the statement closely, we can argue against that point. First of all, the word “economic management" is broad. More precisely, a nation's economic management covers both macro and microeconomics. What was said above focuses on macroeconomic data.

How about the microeconomic data? Obviously, a Tinubu supporter may intentionally stay silent on this for a reason—reliable data doesn't show that household economics is worthwhile. For instance, the World Bank estimates that more than 60% of Nigerians were below the national poverty line in 2025 and that around seven million additional Nigerians fell into poverty during 2025, despite improving macroeconomic conditions. Furthermore, poor households can spend as much as 70% of their income on food.

Nigeria's headline inflation fell to 15.43% in July 2026, down from 15.91% in June. In May 2024, inflation reached 33.95%, then its highest level in roughly 28 years, while food inflation reached about 40.66%. So economically, 33.95% → approximately 15.4% is a huge change.

Sadly, lower inflation does not mean prices have fallen. It means prices are increasing more slowly. Imagine that something went: ₦10,000 → ₦14,000 → ₦17,000 → ₦19,000. If inflation later falls dramatically, the product does not automatically return to ₦10,000.

That explains why Atiku can also credibly argue that Nigerians remain under severe cost pressure. Perhaps you’re among those under severe cost pressure; you may want to consider Atiku!

Do you think Atiku is worth voting for?
no
He is a thief that didn't fix anything for 26yrs
Re: Why Not Consider An Atiku? by helinues: 5:31am On Sep 08
We should consider Atiku that wants to open the borders that are not closed? Isn't that a big sign that he has no clue about the happenings in Nigeria?
Re: Why Not Consider An Atiku? by ogolemati: 6:17am On Sep 08
Famoosky:
A Tinubu supporter won’t be wrong to say that President Tinubu's administration has been performing excellently in areas of economic management. Increasing external reserves is not a joke. At the early stage of his first term, at the end of 2023, gross external reserves were approximately $33.22 billion. The reserves kept increasing year on year. They rose from roughly $33.22bn in 2023 to $40.19bn in 2024, then to about $45.7bn in 2025. Now, in September 2026, reserves have risen to about $54.1bn.

The CBN also reported that net FX reserves rose from only about $3.99 billion two years earlier to $34.8 billion by the end of 2025. This is indeed a substantial improvement, as higher reserves give the CBN greater capacity to manage foreign-exchange shocks. Of course, such economic data suggests greater confidence in the naira, improved ability to finance imports, and even the country's potential to meet external obligations. We must not forget that good macroeconomic data can also shape sovereign risk perception, foreign investor confidence, and resilience against oil price or global financial shocks.

However, if we examine the statement closely, we can argue against that point. First of all, the word “economic management" is broad. More precisely, a nation's economic management covers both macro and microeconomics. What was said above focuses on macroeconomic data.

How about the microeconomic data? Obviously, a Tinubu supporter may intentionally stay silent on this for a reason—reliable data doesn't show that household economics is worthwhile. For instance, the World Bank estimates that more than 60% of Nigerians were below the national poverty line in 2025 and that around seven million additional Nigerians fell into poverty during 2025, despite improving macroeconomic conditions. Furthermore, poor households can spend as much as 70% of their income on food.

Nigeria's headline inflation fell to 15.43% in July 2026, down from 15.91% in June. In May 2024, inflation reached 33.95%, then its highest level in roughly 28 years, while food inflation reached about 40.66%. So economically, 33.95% → approximately 15.4% is a huge change.

Sadly, lower inflation does not mean prices have fallen. It means prices are increasing more slowly. Imagine that something went: ₦10,000 → ₦14,000 → ₦17,000 → ₦19,000. If inflation later falls dramatically, the product does not automatically return to ₦10,000.

That explains why Atiku can also credibly argue that Nigerians remain under severe cost pressure. Perhaps you’re among those under severe cost pressure; you may want to consider Atiku!

Do you think Atiku is worth voting for?
grin grin grin grin grin grin grin grin grin grin grin grin grin grin ; this one helinues and his best friend yarimo are hiding from me . hope I haven't done anything wrong. Please avoid this twins below for a better Nigeria is still POssible

Re: Why Not Consider An Atiku? by seunmsg(m): 6:36am On Sep 08
The president is already performing well. So, why change a winning team?
Re: Why Not Consider An Atiku? by SECDA(m): 6:53am On Sep 08
Hehehehe....

This one is actually living abroad. No Clue on the hunger and anger in the land of Nigeria grin




seunmsg:
The president is already performing well. So, why change a winning team?
Re: Why Not Consider An Atiku? by Typing: 7:24am On Sep 08
The entire North is locked for Atiku.

Re: Why Not Consider An Atiku? by DrAkpa(m): 8:33am On Sep 08
MIKOLOWISKA:
no
My father is a useless thief that didn't fix anything in my life
Ok
Re: Why Not Consider An Atiku? by favor914: 8:35am On Sep 08
DrAkpa:
Ok
Complete typing waste of time mr. mohbadliveson, & ottersberger, the honest truth is that an Igbo man can never be president of The Federal Republic of Nigeria till earliest 2039.

Same way that a Northerner can never be president until 2031.
Re: Why Not Consider An Atiku? by favor914: 8:36am On Sep 08
SECDA:
Hehehehe....

This one is actually living abroad. No Clue on the hunger and anger in the land of Nigeria grin
No food for Lazy Man in the concrete jungle.
Re: Why Not Consider An Atiku? by helinues: 8:37am On Sep 08
SECDA:
Hehehehe....

This one is actually living abroad. No Clue on the hunger and anger in the land of Nigeria grin
What are you people in the opposition experiencing under this government that those who are supporting the government are not aware of?

Are you people more Nigerian than others?
Re: Why Not Consider An Atiku? by SECDA(m): 9:52am On Sep 08
hmm.... you know that there hunger n suffering under this Bababulu govt!!!

And you still want him again!!!


Classic Stockholm Syndrome. cool



helinues:
What are you people in the opposition experiencing under this government that those who are supporting the government are not aware of?

Are you people more Nigerian than others?
Re: Why Not Consider An Atiku? by helinues: 9:54am On Sep 08
SECDA:
hmm.... you know that there hunger n suffering under this Bababulu govt!!!

And you still want him again!!!


Classic Stockholm Syndrome. cool
Why not tell us the extent at which this government has subjected your and your family into with the hunger and suffering. No offense
Re: Why Not Consider An Atiku? by SECDA(m): 9:56am On Sep 08
You are clearly talking about your own life and experiences.

We all know.

Classic Narcissist Archetype. grin



favor914:
No food for Lazy Man in the concrete jungle.
Re: Why Not Consider An Atiku? by MIKOLOWISKA: 2:38pm On Sep 12
DrAkpa:
Ok
in 2026?
Smh
Re: Why Not Consider An Atiku? by AMINDA: 3:00pm On Sep 12
Atiku Abubakar will win the 2027 presidential elections. The only thing standing in-between that is time.
Re: Why Not Consider An Atiku? by nairalanda1(m): 3:14pm On Sep 12
Opposition should stop campaigning on 'we will make things cheaper for you'...because that is how APC came, said they would make fuel N40 and so forth, and the result was the massive debt we have now that is forcing up borrowing.


Opposition should tell NIgerians the truth, that we need to be more productive, need to end unproductive subsides on electricity to attract investment to make it grow, actually fight corruption, and pour in more financing for small and medium scale industires that do domestic production

Not 'we will make prices low' and worsen our debt.
1 Reply

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