ADC Alleges APC Governors Diverted FAAC Funds For Tinubu’s Re-election Bid

By Odita Sunday

 

The African Democratic Congress has accused governors elected on the platform of the All Progressives Congress of allegedly diverting Federation Account Allocation Committee (FAAC) funds to finance President Bola Ahmed Tinubu’s re-election campaign ahead of the 2027 general elections.

 

The opposition party described the alleged diversion of over N800 billion from FAAC allocations as “criminal, cruel, and shameless,” particularly at a time when millions of Nigerians are grappling with worsening poverty, hunger, inflation, and economic hardship.

 

In a statement issued on Tuesday by its National Publicity Secretary, Bolaji Abdullahi, the ADC said the allegations reinforced public suspicion that the ruling party was allegedly converting public resources into a political war chest while urging citizens to endure the impact of ongoing economic reforms.

 

The party said it was morally indefensible that state governments receiving what it described as record-breaking allocations had failed to significantly improve living conditions for citizens, yet were allegedly able to mobilise huge funds for political purposes.

 

According to the ADC, if the allegations are proven true, the action would amount to a direct theft of resources meant for development, healthcare, education, infrastructure, security, and workers’ welfare.

 

“FAAC allocations are meant for development, salaries, healthcare, education, infrastructure, security, and the welfare of citizens, not for financing the re-election plans of one man,” the party stated.

 

ADC further alleged that despite increased inflows into state coffers following fuel subsidy removal and naira devaluation policies, many Nigerians continue to face severe economic hardship, while several state governments appear more focused on political calculations than governance.

 

The party called for an independent investigation into the allegations, including the reported use of FAAC deductions and related financial structures allegedly linked to the operation.

 

It insisted that Nigerians deserve transparency on how public funds are being utilised, warning that any confirmed diversion of state and local government allocations for partisan activities would constitute a major abuse of public trust.

The party maintained that no amount of political spending could restore public confidence in a government that, according to the party, has failed to address worsening economic and social conditions across the country.