More Trouble: Tinubu Officially Stops Funding The APC


The National leader of the All Progressives Congress, Asiwaju Bola Tinubu, has withdrawn his financial support from the party headquarters following an ongoing rift between him and the party chairman, Chief John Odigie-Oyegun, reports.

According to the media report, a senior chieftain of the party made the disclosure under the condition of anonymity. The APC chieftain told the afore-mentioned media house over the phone:

 “Things have gone from bad to worse. Ever since the refusal of President Buhari to fund the party activities, Asiwaju has been the sole financier of the party.

“But he has withdrawn his financial support due to the way he was humiliated by the party chairman in the Ondo primary.” 

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The party chieftain also confirmed as true, the rumours about plans by anti-Oyegun elements in the APC to remove him and add his name in President Buhari’s list of ambassadorial nominees saying:

 “I can confirm that the report is true. The truth is even members of the APC NEC have lost confidence in Oyegun.

“Why do you think they have not come out to pass a vote of no confidence on him, which is the norm in politics when a leader is under duress. 

“Majority of the NEC members are tired of Oyegun’s antics and they are all pre-occupied with positioning themselves for government appointments than staying put in party politics.”

Bola Tinubu
Fear Grips APC Headquarters As Tinubu Withdraws Financial Support

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Another of the party chieftain who was also contacted corroborated the story although he too did not want his identity revealed, having received no authorisation to comment on the issues.

His words:

“Baba (referring to President Buhari) has not sent a kobo to the party since he came into office. When we went to Aso Villa to complain, he asked the party chairman how the monies for the forms sold to party aspirants was expended.

“The party chairman could not give a reasonable explanation, so Baba asked us to go and look for ways to make money for the party.

“Tinubu has been the one funding us since then because we could not even approach the governors knowing their situation.” 

These are indeed hard times for the APC. Just yesterday, it was reported that the Abuja Electricity Distribution Company had cut off power supply to the party’s national secretariat because of its failure to offset its N1.7 million debt.

An electricity payment receipt pasted on the gate of the APC secretariat which was seen by Vanguard showed that the party had only recently paid N500, 000 out of the total debt.

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