2027: ADC raises alarm as Governors allegedly use FAAC allocation to fund Tinubu’s re-election

The African Democratic Congress (ADC) has accused the ruling All Progressives Congress (APC) of allegedly converting public governance into a “fundraising machine” for President Bola Tinubu’s 2027 re-election bid following reports of an internal crisis among APC governors over alleged campaign funds.

Reacting to reports claiming that deductions from Federation Account Allocation Committee (FAAC) funds were channelled into accounts linked to Imo State Governor, Hope Uzodimma, the ADC described the allegations as “political corruption” and “a direct theft of resources belonging to the Nigerian people.”

In a statement posted on X on Tuesday, ADC spokesperson, Bolaji Abdullahi, alleged that the reported movement of funds through platforms identified as “Renewed Hope Ambassadors” and later “Renewed Hope Network” exposed the misuse of public resources while Nigerians continue to face economic hardship.

According to the report, President Tinubu had reportedly intervened in a growing disagreement within the APC Governors Forum over the handling of alleged 2027 campaign funds.

The report claimed that tensions arose among governors after questions emerged over how the funds were allegedly managed and spent.

“Under this APC government, states are receiving more money than at any other period in Nigeria’s history, yet Nigerians are poorer, hungrier, and more desperate than ever before,” Abdullahi said.

“Roads are still collapsing. Hospitals are still empty. Schools are still underfunded. Workers are underpaid. Communities remain unsafe. The only thing growing is the political appetite of the ruling party.”

The ADC spokesman argued that FAAC allocations were meant for governance, development projects, salaries, healthcare, education and public welfare, not political campaigns.

“To divert public allocations into political accounts while citizens cannot afford food is wickedness on an industrial scale,” he stated.

Abdullahi further alleged that the reported revelations may explain why some APC-controlled states appear more focused on politics than governance despite increased revenues generated after the removal of fuel subsidy and naira devaluation.

“The same government that told Nigerians there is no money to reduce suffering somehow found a way to allegedly mobilise over N800 billion for politics,” he said.

“The same government asking citizens to endure sacrifice is allegedly supervising one of the largest political funding operations in Nigeria’s democratic history. This is not leadership. This is exploitation.”

He called for an independent investigation into the allegations, including scrutiny of all accounts and structures allegedly involved in the transactions.

“Nigerians deserve to know whether money belonging to states and local governments was diverted for partisan political purposes,” Abdullahi added.

“If these allegations are true, then this represents a dangerous abuse of public trust and a scandal of enormous national consequence.”

Follow Very Nigerian WhatsApp Channel
For Verified Breaking News, Exclusive Reports, Trending Stories, And Real-time Updates.
CLICk HERE TO JOIN!