Facebook Instagram Twitter Youtube
  • Home
  • News
    • National News
    • State News
  • Business
  • Features
    • Insight
    • Opinion
  • FAAC
  • Financial
    • Facts & Figures
    • Monetary
    • Tax Matters
  • Sidelines
  • Profile
  • Special Focus
Search
Friday, June 13, 2025
  • Home
  • About
  • Adverts
  • Contact
Facebook Instagram Twitter Youtube
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
Economic Confidential
  • Home
  • News
    • AllNational NewsState News

      NNPC Records N5.891trn Profit in April 

      President Bola Ahmed Tinubu

      Tinubu Confers National Honours on Yar’Adua, Soyinka, Others

      Dangote Retires as Sugar Refinery Chairman

      President Bola Ahmed Tinubu

      We Remain Committed to Boosting Economy’s Productive Base – Tinubu

  • Business
    • NNPC Records N5.891trn Profit in April 

      Dangote Retires as Sugar Refinery Chairman

      Gas Companies Appeal to FG to Clear N2.7 tn Legacy Debt

      Vice President of Nigeria, Kashim Shettima

      Tourism Key to Driving Local Entrepreneurship, Says Shettima

      Blackout Looms as FG Starts Grid Maintenance

  • Features
    • AllInsightOpinion
      The Comptroller-General of the Nigeria Customs Service (NCS), Mr Bashir Adewale Adeniyi

      GEOINT: The Intelligence Edge Nigeria Customs Needed, By Tahir Ahmad

      DG NITDA Kashifu Inuwa

      When Borrowing Becomes Harm and NITDA Responds, By Fatimah Yusuf Usman

      Zakat or Tax? Rethinking Islamic Obligations in a Modern Economy, By Abdulrazaq…

      CBN Governor, Olayemi Cardoso

      As the “Headmaster” Heads Nigeria’s Economy out of the Woods, by…

  • FAAC
    • FAAC

      FAAC: FG, States, LGs Share N1.7tn in February

      Federal Account Allocation Committee FAAC

      FAAC: FG, States, LGs Shared N1.7trn in January

      FAAC

      N13.7trn Federation Account Revenue Unremitted by NNPCL – FAAC

      FAAC

      FAAC Revenue Declines by N303bn in December

      cbn

      Federation Account grew by 7.48% in Q3 2024

  • Financial
    • AllFacts & FiguresMonetaryTax Matters
      President Bola Ahmed Tinubu Cop

      ‘Tinubu’s Reforms Bold, But Brought Pains on Citizens, Businesses’

      TAX

      Tax Reforms Not Just About Revenue, Says Presidential Aide

      Nigeria Spends $1bn to Upgrade Telecom Infrastructure

      Treasury Bills

      CBN Recieves N1.17trn in Bids for Treasury Bills Auction

  • Sidelines
    • Saliu Mustapha

      Visit Kwara: Saliu Mustapha Pens Foreward For New Book Spotlighting Kwara…

      Apple Data Breach: Marketing Strategy or Security Issue

      Dangote-BUA Sugar Scarcity Feud

      Google: Expanding 2-Step Verification Enrollment

      SAEMA Awards 2021: Submit Nominees for Security and Emergency Management Awards

  • Profile
    • Sambo Dasuki

      Polo, Politics, and the Dasuki Family

      The immediate-past Director in charge of Executive Secretary’s Office at the National Sugar Development Council (NSDC), Mallam Ahmed M. Waziri.

      Ahmed Musdafa Waziri: A Quintessential Civil Servant at 60, by Abdulrahman…

      PROFILE: Ten Things to Know About New CCB Chairman, Dr Abdullahi…

      CBN's Acting Director of Corporate Communications, Hakama Sidi Ali

      Hakama Sidi-Ali: The CBN’s First Female Spokesperson and Reputation Management

      Aisha Rimi

      PROFILE: Aisha Rimi, a Square Peg in NIPC’s Square Hole

  • Special Focus
    • Point of Sale Transaction (PoS)

      SPECIAL REPORT: Cash Crunch, Exorbitant POS Charges in the Face of…

      SPECIAL REPORT: Sickle Cell Awareness- A Public Health Imperative for Nigeria,…

      Governor Abba Yusuf of Kano, President Tinubu of Nigeria and Governor Sim Fubara of Rivers

      Shambolic Local Elections: Are Governors Setting ‘Standard’ for Tinubu’s 2027 Re-Election…

      Obamodi Oluwadamilola Faith

      Palliatives Distribution: A Culture FG Must Stop By Obamodi Oluwadamilola Faith

      health care sector

      EXCLUSIVE: How Health Ministry Scuttled Plot to Frustrate Multi-billion Naira Malaria…

Home News National News Buhari’s Social Investment Programme Is Largesse For Supporters, Cronies, Says Atiku/Obi Advocacy...
  • News
  • National News

Buhari’s Social Investment Programme Is Largesse For Supporters, Cronies, Says Atiku/Obi Advocacy Group

By
economic Confidential
-
November 12, 2018
Your browser does not support the video tag.

Buhari’s Social Investment Programme Is Largesse For Supporters, Cronies, Says Atiku/Obi Advocacy
Group

 

The Atiku/Obi Advocacy Group has flayed the Buhari Media Organisation (BMO) for accusing the leadership of the Senate of playing the script of His Excellency Atiku Abubakar, PDP presidential candidate, by its decision to probe the Social Investment Programme.

The group described the statement by the BMO as vacuous and crass, saying it reeks of desperation to blackmail, to distract, and to stoke controversy.

In a statement issued by the chairman of the Atiku/Obi Advocacy Group, Fredrick Nwabufo, the group said the Social Investment Programme lacked sincerity and transparency.

“The Buhari administration claims it has spent more than N66bn feeding school children. But it is clear that this programme is an avenue for enriching supporters because it has not improved our education in any way. In fact, the number of out of school children has multiplied since this programme started. The number rose from 10 million to 13.5 million,” the group said.

“And the schools where this feeding programme take place are at best hovels; totally inhabitable. Our education continues to take a nose-dive, yet the government is pumping money into a failed programme to enrich its supporters.

Read Also:

  • NNPC Records N5.891trn Profit in April 
  • Tinubu Confers National Honours on Yar’Adua, Soyinka, Others
  • Dangote Retires as Sugar Refinery Chairman

“We are aware that the Buhari Media Organisation enjoys this ‘Social Investment Programme’. In fact, it was designed for them. A group which goes around government ministries and agencies demanding money lacks the integrity and moral right to question a legitimate probe into what has become a political largesse for cronies, hangers-on and minions.

“To show that the Social Investment Programme lacks sincerity, no Nigerian has been lifted out of poverty by this programme. Instead every minute, six Nigerians become extremely poor – according to the World Poverty Clock, which reported that Nigeria is now the poverty capital of the world. In fact, 88 million Nigerians now live in extreme poverty, and with 1.1 million citizens slipping into extreme poverty between June and October, 2018.

“We are also aware that Nigerians are being compelled to show party membership card and voter card to access the N10,000 Trader Moni. Does this not show that the programme is a political gambit?

“And to show that the programme lacks transparency, there is no verifiable data of the beneficiaries, their location and total cash received so far.

“Only patriotic Nigerians who are not benefitting from this farce will support the Senate’s probe of the programme. All well-meaning Nigerians are enjoined to support the effort of the Senate to purge the underbelly of this failed programme.”

spokesperson
PRNigeria.com
EconomicConfidential.com
PRNigeria.com/Hausa
EmergencyDigest.com
PoliticsDigest.ng
TechDigest.ng
HealthDigest.ng
SpokesPersonsdigest.com
TeensDigest.ng
ArewaAgenda.com
Hausa.ArewaAgenda.com
YAShuaib.com
  • TAGS
  • Atiku/Obi Advocacy Group
  • Buhari Media Organisation
  • Social Investment Programme
Previous articleN13.2bn Spent By FG To Reactivates Export Grant – Udoma
Next articleOn 45 Deals, we Secured Investment Interest Worth $32bn, Says AfDB
<a Href="https://economicconfidential.com/byline/economic-confidential/" Rel="tag">economic Confidential</a>
economic Confidential

RELATED ARTICLESMORE FROM AUTHOR

National Grid
National News

Nationwide Blackout as Electricity Grid Collapses Again

President Bola Ahmed Tinubu
National News

Tinubu Appoints New Accountant-General of the Federation

FEC Meeting
National News

FEC Okays N2.5bn Satellite Tech to Tackle Illegal Mining

Inflation
Facts & Figures

Inflation Rate Drops to 24.48%

National News

20,000 Communities without Electricity in Nigeria – REA

CBN Governor, Olayemi Cardoso
Business

CBN Pursues Stronger Nigeria-Middle East Trade Ties

Recent Posts

  • NNPC Records N5.891trn Profit in April 
  • Tinubu Confers National Honours on Yar’Adua, Soyinka, Others
  • Dangote Retires as Sugar Refinery Chairman
  • We Remain Committed to Boosting Economy’s Productive Base – Tinubu
  • GEOINT: The Intelligence Edge Nigeria Customs Needed, By Tahir Ahmad

EDITOR PICKS

NNPC Records N5.891trn Profit in April 

Business June 13, 2025
President Bola Ahmed Tinubu

Tinubu Confers National Honours on Yar’Adua, Soyinka, Others

News June 12, 2025

Dangote Retires as Sugar Refinery Chairman

Business June 12, 2025

POPULAR POSTS

Nigerian Maritime

FG Loses $1bn Annually In Maritime Sector

Monetary May 19, 2020

Ajaokuta Steel Company Gets N4.3bn for Revival

Business January 9, 2017
MTN Office

MTN Nigeria Opens Offer Of N100bn Commercial Paper Issuance

Business May 29, 2020

POPULAR CATEGORY

  • Business13308
  • Monetary3024
  • News2922
  • Featured Post2776
  • Financial2716
  • Editors Pick2178
  • National News1955
  • Opinion1702
  • Features876
ABOUT US
Economic Confidential is the Abuja based Nigerian News Magazine. Economic Confidential Magazine is Factual, Authoritative and Accessible.
Contact us: [email protected]
FOLLOW US
Facebook Instagram Twitter Youtube
© 2017 Economic Confidential . All Rights Reserved.
Latest News
NNPC Records N5.891trn Profit in April Tinubu Confers National Honours on Yar'Adua, Soyinka, OthersDangote Retires as Sugar Refinery ChairmanWe Remain Committed to Boosting Economy's Productive Base – TinubuGEOINT: The Intelligence Edge Nigeria Customs Needed, By Tahir AhmadWhen Borrowing Becomes Harm and NITDA Responds, By Fatimah Yusuf UsmanPRNigeria Fact-Check Debunks Viral Video Allegedly Showing Nigerian Soldiers Abducted by Terrorists on MotorcyclesZakat or Tax? Rethinking Islamic Obligations in a Modern Economy, By Abdulrazaq Hamzat Gas Companies Appeal to FG to Clear N2.7 tn Legacy DebtTourism Key to Driving Local Entrepreneurship, Says ShettimaBlackout Looms as FG Starts Grid MaintenanceJune 12: Tinubu to Deliver Address at NASS, Cancels Nationwide BroadcastCivil Society Pushes for Transparency and Reform in Nigeria’s Defence SectorCBN Debunks Report on BDC Recapitalisation Deadline‎Naira Holds Firm Against Dollar in Black Market Amid Forex Volatility
X whatsapp