Atiku Denounces FG’s Plan To Utilize N20 Trillion Pension Funds For Infrastructure Development

Atiku Denounces FG’s Plan To Utilize N20 Trillion Pension Funds For Infrastructure Development

Atiku Abubakar, former vice-president, has expressed strong opposition to the federal government’s plan to use Nigeria’s pension fund to finance infrastructure projects…..read also Just In: Atiku Abubakar Hosts Peter Obi, Stirring Political Speculations (Details)

Following Finance Minister Wale Edun’s announcement on May 14 regarding the government’s strategy to access the N20 trillion pension fund and other local resources for infrastructure development, Atiku condemned the initiative as misguided. He emphasized the importance of adhering to the Pension Reform Act of 2014 and cautioned against any actions that deviate from its provisions. Atiku stressed the need for proper reforms to attract private investment and address infrastructure funding challenges, highlighting that shortcuts should not be taken.