Shaibu claimed that Tinubu was attempting to steal public monies with his plan to distribute N8,000 to 12 million homes for a period of six months.
He claimed that Tinubu’s proposal to spend $800 million on palliative care “under an opaque arrangement was reminiscent of former President Muhammadu Buhari’s conditional cash transfer and COVID-19 intervention initiative, which saw politicians keeping food and supplies in their homes while the poor went without,”
Shaibu noted in a statement he signed that a National Bureau of Statistics study revealed that previous President Muhammadu Buhari’s interventionist policies ultimately resulted in impoverished Nigerians.
Shaibu states that Tinubu has requested permission of a $800 million loan that he claims will be distributed to 12 million households for six months at a rate of N8,000 per household per month after announcing the elimination of the gasoline subsidy without adequate planning. This is an extension of the All Progressives Congress hoax.
Statistics show that a Nigerian home had an average of 5.06 individuals as of 2019. Therefore, each member of a home will receive N1,600 per month, or N53 per day, under Tinubu’s uninspired plan. How should they handle it? Spend the money for a daily cup of boiling groundnuts or a sachet of purified water. And he is the one they mention as having changed Lagos State’s economy? This has to be a joke or a more nefarious scheme to steal money from the government.
Shaibu said that Tinubu’s only economic strategy was to tax Nigerians.
He claimed that Tinubu had been revealed as an economic illiterate as a result of his fraudulent ascent to the presidency.
The so-called palliatives Tinubu wants to distribute to the underprivileged are only another way to drain public monies.
Since the so-called palliatives are all a hoax, the Nigerian government has consistently refused requests to reveal a list of their recipients.
Tinubu has to quit attempting to mislead Nigerians who are still experiencing the negative effects of his poor economic policies.