Atiku shown video of his avowing PDP’s failure

thecornetadmin July 21, 2022

0 1 minute read

Abubakar Atiku, the presidential candidate of the Peoples Democratic Party (PDP), was slammed with a video in which he admitted he and his former boss, President Olusegun Obasanjo failed to revamp Nigeria’s power sector. The standard bearer was Nigeria’s vice president, under the PDP government, between 1999 and 2003.

Atiku, in a raft of tweets, deplored the collapse of the national electricity grid and had gone ahead to proffer his solutions, if he emerged president.

“I am reliably informed that there was a total National Grid Collapse at precisely 12:23pm today. This is one collapse too many. It is the 6th time this is happening this year alone”, he said.

“I am proposing innovative financing of infrastructure that will involve the facilitation of a review of the financial, legal, and regulatory environment to promote private investment in power, among other sectors.

“I’ll promote the incentivisation, with tax breaks, a consortium of private sector institutions to establish an Infrastructure Debt Fund (IDF) to primarily mobilise domestic and international private resources for the financing and delivery of large infrastructure projects across all the sectors of the economy.

“The IDF will have an initial investment capacity of approximately US$20 billion.
In addition, I’ll cause the creation of an Infrastructure Development Credit Guarantee Agency to complement the operation of the IDF by de-risking investments in infrastructure to build investor confidence in taking risks and investing capital.”

However, below Atiku’s thread, a tweep Theresa Tekena slammed the candidate with the said video, in what seemed like a taunt.

See video below: