N33bn Cash Transfer: Atiku Calls Tinubu’s ₦25,000 Palliative 'Audio', Vows to Take Action

N33bn Cash Transfer: Atiku Calls Tinubu’s ₦25,000 Palliative 'Audio', Vows to Take Action

  • Atiku Abubakar described the Tinubu administration's household cash transfer as 'audio palliative', questioning whether the funds ever reached vulnerable Nigerians
  • The Auditor-General of the Federation raised questions over ₦33.75bn paid to 3.29 million households, alongside billions disbursed without pre-payment audit
  • Atiku said he would deploy independent financial and audit experts to trace the payments and hand findings to Nigerians

Former Vice President Atiku Abubakar has condemned the Tinubu administration's household cash transfer programme as an "audio palliative," questioning whether billions of naira meant for vulnerable Nigerians were ever actually delivered to them.

Atiku's remarks, released on Saturday, September 5, through his Senior Special Assistant on Public Communication, Phrank Shaibu, came in response to audit findings that have cast serious doubt on the government's social intervention spending.

Atiku Abubakar challenges the Tinubu administration's cash transfer programme. He questions the alleged payment of ₦33.75 billion to 3.29 million households.
Atiku Abubakar challenges the Tinubu government's cash transfer programme. ₦33.75 billion was intended for 3.29 million households but questions remain. Photo credit: @atiku/@officialABAT
Source: Twitter

The Numbers Under Scrutiny

The Auditor-General of the Federation, Shaakaa Chira, is reportedly questioning ₦33.75 billion described as payments to 3.29 million vulnerable households.

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Atiku said that figure, when divided among the number of beneficiaries, amounts to roughly ₦10,258 per household, which he described as both cruel and inadequate given the economic conditions the government's own policies created.

Beyond that, the audit has flagged ₦36.74 billion in payments reportedly made without a pre-payment audit, and ₦4.62 billion for which no payment vouchers were produced.

The former vice presidential candidate noted that these figures sit uncomfortably alongside the government's own claim of having disbursed over ₦600 billion to more than 10 million households, having earlier told Nigerians the figure was 15 million households.

"A ministerial announcement is not proof of payment. A name on a social register is not a bank alert. If more than 10 million households received over ₦600 billion, government should be able to show who received the money, how much each household received and when the payments were made," Atiku said.

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Atiku's Pledge to Investigate

Atiku said his team would set up an independent group of financial, audit, technology and public-accounting experts to examine the available records surrounding the cash-transfer payments.

He said the group would review beneficiary figures, payment channels, reconciliation records and audit queries, and would make its findings public.

"We will follow the money as far as the available public and institutional records permit. There must be no black box around the poor man's money," he said.

He also commended Auditor-General Chira, who was appointed by the Tinubu administration in October 2023, for raising questions he described as "profoundly uncomfortable" for the government that appointed him.

Atiku said any official found to have diverted funds meant for poor Nigerians must face prosecution, and called on the government to publish a verifiable payment trail or recover every naira that cannot be accounted for.

He closed with a direct challenge to President Tinubu: "WHERE IS THE POOR MAN'S MONEY?"

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Atiku dares Tinubu to open records

Previously, Legit.ng reported that the 2027 ADC presidential candidate, Atiku Abubakar, fired back at political opponents he says are recycling allegations from the Obasanjo era because they can no longer defend the economic hardship Nigerians are living through under the current administration.

The Former Vice President said the sudden resurrection of old claims was not a show of strength but an admission that those in power have run out of answers on hunger, purchasing power and the cost of living.

Source: Legit.ng

Authors:
Ezra Ukanwa avatar

Ezra Ukanwa (Politics and Current Affairs Editor) Ezra Ukanwa is a Reuters-certified journalist with over 5 years of professional experience. He holds a Bachelor of Science in Mass Communication from Anchor University, Lagos. Currently, he is the Politics and Current Affairs Editor at Legit.ng. He previously worked as a senior correspondent at Vanguard Newspapers. Ezra was recognized as Best Campus Journalist at the Anchor University Communications Awards in 2019 and is also a Fellow of the Nigerian Institute of Management (NIM). Contact him at: ezra.ukanwa@corp.legit.ng or +2349036989944