Tuesday, July 21, 2026

Abacha’s bagman Bagudu says Nigerians must make sacrifices for country to grow

“The simple truth is that we have to make sacrifices in order for our country to achieve the growth that it requires,” Mr Bagudu said.

• July 23, 2024
Atiku Bagudu
Kebbi State governor, Atiku Bagudu (Photo Credit: @AABagudu)

Minister of Budget and Planning Atiku Bagudu, a bagman for late Nigerian military ruler Sani Abacha, says Nigerians must make sacri­fices and stop comparing the country to other developed ones for the black nation to grow.

“The simple truth is that we have to make sacrifices in order for our country to achieve the growth that it requires,” Mr Bagudu said while defending the 2024 budget increment by N6.2 trillion before the House of Representatives committee on appropriations.

He added, “Those countries whom we are teaching our children that they have achieved this and that; we should stop comparing ourselves to where they (the countries) are today. But what choices did they make in the past to bring them to where they are?”

The minister, who admitted that Nigeria had not advanced as expected, said the developed countries “took choices that maybe we should have taken. We have a leader (Mr Tinubu) who is not even saying, Let us blame this or blame that.”

“How do we mobilise all together? Our children need to appreciate this fact. It is not a pleasant conversation when any father calls the children and says, Look, I am not as rich as you think I am. Let’s face it,” he said.

Mr Bagudu’s call for increased sacrifice comes as Nigerians face severe economic hardship marked by soaring food prices while the government allocates funds for luxury vehicles for the legislature.

An editorial in the Financial Times published on July 17 critiqued Mr Tinubu’s administration, labelling his economic policies as “disjointed” and suggesting they have exacerbated the suffering of Nigerians.

While Nigeria’s economic difficulties predate Mr Tinubu’s presidency, his recent policies, including the removal of the fuel subsidy and the devaluation of the naira, have seen petrol prices surge from N145 to N710 per litre, and the country’s currency plummet to approximately N1,500 against the dollar.

With food prices rising by more than 100 per cent nationwide, as reported by the Peoples Gazette, Mr Tinubu’s economic strategies are under intense scrutiny, both within Nigeria and abroad, amid growing plans for nationwide protests against his government.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Canadian Prime Minister Mark Carney

Economy

U.S. 50% tariff violates trade agreement, threatens Canada’s sovereignty: Carney

Canadian Prime Minister Mark Carney condemned the U.S. 50 per cent trade tariff, saying it violates the free trade agreement between Canada, America, and Mexico.

Photo used to illustrate divorce

Hot news Home top

Husband pays ‘hired killer’ $1,720 advance to murder his wife, mother-in-law

The aggrieved husband wanted his wife killed because she planned to file for divorce.

Scoular Company

Anti-Corruption

Agricultural firm Scoular to pay over $10 million to resolve foreign bribery case

Scoular employees communicated about shipments and bribes. In total, Scoular authorised bribes of more than $400,000 and avoided fees and costs of more than $6.5 million.

FRSC

States

FRSC mobilises stakeholders against overloading in Sokoto

The zonal commanding officer in charge of Zone 10, Shaba Bariam-Akanbi, inaugurated the three-day exercise on Monday in Sokoto.

Africa

ECOWAS approves appointment of new officials

The Economic Community of West African States (ECOWAS) has approved new appointments to its strategic statutory positions and specialised institutions for 2026 to 2030.

Accident involving a tipper

States

Two persons killed in Ogun motorcycle, truck collision

Two people died on Monday in a crash involving a motorcycle and a Dongfeng pickup truck at Koto-Ajala, inbound Owode, in Obafemi Owode council area of Ogun.