The National Chairman of the All Progressives Congress (APC), Dr. Abdullahi Ganduje, has appealed to President Bola Tinubu for a bailout to settle the party’s N8.9 billion election debts.
Speaking at the APC National Executive Committee (NEC) meeting on Wednesday, Ganduje revealed that the party’s accounts had been garnisheed due to outstanding legal fees from pre-election and post-election cases involving President Tinubu, APC governors, and legislators.
The meeting, which took place a day after the party’s national caucus meeting at the Presidential Villa in Abuja, was attended by top party leaders, including Tinubu, Vice President Kashim Shettima, Senate President Godswill Akpabio, and Speaker of the House of Representatives Tajudeen Abbas.
However, notable APC figures such as former President Muhammadu Buhari, ex-Vice President Yemi Osinbajo, and former Kaduna State Governor Nasir El-Rufai were absent.
Ganduje disclosed that the National Legal Adviser, Prof. Abdul Kareem Kana (SAN), has been working to reduce the financial burden through alternative dispute resolution mechanisms but stressed the need for urgent intervention.
“Your Excellencies, the current NWC inherited debts and legal liabilities amounting to N8,987,874,663. These debts stem from legal engagements during pre-election matters, election cases, and appeals for legislative, governorship, and presidential elections. Some of our accounts remain garnisheed,” Ganduje stated.
Additionally, the APC chairman urged Tinubu to help secure a parcel of land in the Federal Capital Territory for a new party secretariat, arguing that the current facility was outdated and inadequate for a ruling party.
In response, President Tinubu acknowledged the concerns and assured party leaders that the government would explore solutions.
The NEC also passed a vote of confidence in Tinubu’s leadership, with former Edo State Governor Adams Oshiomhole hailing the administration’s economic reforms.
