Atiku Abubakar plans $25 billion fund to boost Nigeria’s economy
Alhaji Atiku Abubakar, the Peoples Democratic Party (PDP) presidential flag bearer is planning to set a $25 billion fund once elected in Nigeria, a report on Bloomberg has said.
According to the presidential candidate’s statement, this fund would mainly support private investments.
He also indicated that he would use part of the fund to reform the sector and increase the portion of infrastructure to 50 per cent of the Gross Domestic Product (GDP) by 2025.
The Nigerian businessman, however, criticise president Muhammadu Buhari’s mandate, accusing him of sinking the economy, saying that the president should have done more to fight corruption.