Atiku Demands Tinubu's Resignation Over PFIPC Contradictions
Former Vice President Atiku Abubakar has called on President Bola Tinubu to apologize to Nigerians and resign, following contradictory statements from the Central Bank of Nigeria (CBN) and the Office of the Accountant-General of the Federation (OAGF) regarding the Presidential Foreign Investment Promotion Council (PFIPC) accounts. Atiku described the situation as a credibility crisis that has trapped the Tinubu administration in a web of deception.
In a statement issued on Tuesday, July 22, 2026, by his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku noted that the OAGF denied authorizing the opening of the PFIPC accounts and alleged forgery, while the CBN told the House of Representatives that the accounts were opened on the Accountant-General's directive after due process. “Both accounts cannot be true. When two of your most sensitive financial and monetary authorities publicly contradict each other on the same transaction, no serious leader needs a clairvoyant to know that his administration is trapped in a web of deception and a profound crisis of credibility,” Atiku said.
Atiku Challenges Tinubu to Choose Which Institution to Believe
Atiku demanded that President Tinubu answer a direct question: which institution does he believe? He also challenged the president to explain why no independent investigation has been ordered. “President Tinubu owes Nigerians an unreserved apology for presiding over this unprecedented collapse of public accountability. If he cannot immediately restore public confidence through a genuinely independent investigation and ensure that everyone responsible is held to account, then he has forfeited the moral authority to continue in office,” Atiku added.
Call for National Assembly Summons
Atiku urged the National Assembly to summon both the Accountant-General and the CBN Governor to appear before its investigative committee under oath at the same time, so that Nigerians can hear a single truthful account. He questioned how many other potential abuses may have gone undetected due to weak oversight and institutional failure.
Atiku Also Reacts to ₦8.05 Billion Allocated for Religious Projects
Earlier, Atiku challenged the Tinubu administration over ₦8.05 billion set aside for religious projects in the 2026 budget. A breakdown by accountability group Tracka showed ₦1.91 billion went to church projects and ₦6.14 billion to mosque-related projects. Atiku's spokesman demanded the government name every beneficiary institution and project location or face accusations of using religion to hide misuse of funds.
Atiku Slams Tinubu Over 2026 Budget
Atiku also described the 2026 Federal Budget as the most brazen assault on transparency in Nigeria's democratic history. The Service-Wide Vote in the 2026 Appropriation Act ballooned from ₦638 billion to ₦12.8 trillion, a near 1,918% increase in one year. Atiku demanded the National Assembly launch a line-by-line investigation into the allocations and asked who the workers earning ₦2.19 trillion in personnel costs are.
