Oshiomhole Blames Atiku, Obasanjo for Collapse of Nigerian Industries

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Key Takeaways

Adams Oshiomhole blamed former President Olusegun Obasanjo and Atiku Abubakar for the collapse of Nigerian industries.
He made the allegations at an APC presidential campaign rally in Ekiti State.
Oshiomhole cited the closures of Michelin and Dunlop as examples of Nigeria’s industrial decline.
The senator recalled Atiku’s reported comments about the Obasanjo administration spending $16 billion on the power sector.
He challenged Atiku’s criticism of unemployment by questioning the economic record of the government in which he served.
Oshiomhole urged Ekiti residents to support President Bola Tinubu in the 2027 general election, citing the approval of a new minimum wage.

Senator Adams Oshiomhole has blamed former President Olusegun Obasanjo and his deputy, Atiku Abubakar, for the collapse of several Nigerian industries, accusing their administration of contributing to the country’s growing dependence on imported goods.

Oshiomhole, who represents Edo North Senatorial District and is a chieftain of the All Progressives Congress (APC), made the allegations during the party’s presidential campaign rally in Ekiti State.

The former Edo State governor specifically mentioned companies such as Michelin and Dunlop, arguing that their closure contributed to Nigeria’s industrial decline.

Oshiomhole Recalls Atiku’s Comments On $16 Billion Power Expenditure

During his remarks, Oshiomhole recalled what he described as a previous television statement by Atiku Abubakar concerning the Obasanjo administration’s expenditure on the power sector.

The senator used the reported $16 billion expenditure to question the former vice president’s position on the country’s economic challenges and the performance of the administration in which he served.

Oshiomhole said:

Atiku Abubakar, as Vice President, was crying on television that his government and his oga, Obasanjo, spent $16 billion on power. So you ask Atiku how many more US dollars do you need?

His comments formed part of his broader criticism of the Obasanjo administration’s handling of the country’s economy, particularly its record on industrial development and electricity.

Oshiomhole Accuses Obasanjo Government Of Closing Michelin And Dunlop

Oshiomhole also challenged Atiku’s criticism of rising unemployment in Nigeria, arguing that the former vice president’s administration should be held responsible for some of the economic problems it was now discussing.

He questioned what happened to major Nigerian industrial companies, specifically mentioning Michelin and Dunlop as examples of businesses whose closure he attributed to the former government.

The senator further argued that Nigeria had become dependent on imported products, extending his criticism to everyday consumer goods.

In his words:

I understand that Atiku is lamenting about unemployment; who closed down Nigerian industries? Who closed down Michelin? Who closed down Dunlop? Who reduced Nigeria to importer of everything from underwear to socks? It was done by the government and party to which Atiku belonged.

Through the remarks, Oshiomhole sought to connect the industrial challenges he described with the unemployment concerns raised by Atiku.

However, the claims about the responsibility for the closure of the companies represent Oshiomhole’s political allegations as reported at the rally.

Oshiomhole Urges Ekiti Residents To Support Tinubu In 2027

Beyond his criticism of Atiku and the Obasanjo administration, Oshiomhole also urged residents of Ekiti State to vote for President Bola Tinubu in the 2027 general election.

He cited the Tinubu administration’s approval of a new minimum wage for workers as part of his argument for supporting the president.

His appeal brought the remarks back to the APC’s political campaign message, linking his criticism of the previous administration’s economic record with his call for continued support for the ruling party.

The senator’s comments therefore combined an attack on the economic record of the Obasanjo administration with an appeal for support for Tinubu ahead of the next presidential election.

Frequently Asked Questions (FAQs)

1. What did Adams Oshiomhole say about Atiku and Obasanjo?

Adams Oshiomhole accused Atiku Abubakar and former President Olusegun Obasanjo of contributing to the collapse of Nigerian industries during their time in government.

2. Why did Oshiomhole mention Michelin and Dunlop?

Oshiomhole mentioned Michelin and Dunlop as examples of major companies whose closure he attributed to the Obasanjo administration.

3. What did Oshiomhole say about the $16 billion power expenditure?

He recalled what he described as Atiku Abubakar’s previous television comments about the Obasanjo administration spending $16 billion on the power sector. He used the reported expenditure to question the administration’s performance.

4. Where did Oshiomhole make the allegations?

The senator made the remarks at the APC presidential campaign rally in Ekiti State.

5. What did Oshiomhole say about Atiku and unemployment?

Oshiomhole dismissed Atiku’s criticism of rising unemployment by questioning the former vice president’s role in the administration he accused of contributing to the closure of Nigerian industries.