(Ecofin Agency) - Atiku Abubakar (photo) is planning to set a $25 billion fund once elected in Nigeria, Bloomberg reported this week.

According to the presidential candidate’s statement, this fund will mainly support private investments. He also indicated that he would use part of the fund to reform the sector and increase the portion of infrastructures to 50% of the GDP by 2025.

Former vice-president of his current challenger, the Nigerian businessman did not hesitate to criticize president Buhari’s mandate accusing him of sinking the economy. According to him, the president should have done more to fight corruption.

On February 16, 2019, the 72 year old challenger will contest against the current president, 76, whose political power seems to have been weakened by a mandate affected by sickness and economic crisis.

Moutiou Adjibi Nourou