Former Vice President Atiku Abubakar has criticized a proposed bond arrangement. He described it as a sign of the administration's growing appetite for borrowing. Atiku's criticism comes as diesel prices exceed ₦2,000 per litre and energy costs affect factories.

Atiku's Senior Special Assistant on Public Communication issued a statement on his behalf. The statement questioned the government's decision to seek overseas financing without explaining its dependence on debt despite improved revenues.

Further details on Atiku's criticism and the proposed bond arrangement are available from the source. Atiku's statement highlighted the impact of energy costs on Nigerian factories, which spend a significant portion of their operating costs on keeping the lights on.