ADC Condemns Reported Diversion Of Federal Allocation Funds FAAC For Tinubu’s 2027 Re-Election
ADC Condemns Reported Diversion Of Federal Allocation Funds FAAC For Tinubu’s 2027 Re-Election
Reacting to a report alleging that deductions from Federation Account Allocation Committee (FAAC) funds were channelled into accounts linked to Imo State Governor, Hope Uzodimma, the spokesperson of the ADC, Bolaji Abdullahi, described the allegations as “political corruption” and “a direct theft of resources belonging to the Nigerian people.”
The African Democratic Congress (ADC) has accused the ruling All Progressives Congress (APC) of allegedly turning public governance into a “fundraising machine” for President Bola Tinubu’s 2027 re-election ambition, following reports of an internal crisis among APC governors over alleged campaign funds.
Reacting to a report alleging that deductions from Federation Account Allocation Committee (FAAC) funds were channelled into accounts linked to Imo State Governor, Hope Uzodimma, the spokesperson of the ADC, Bolaji Abdullahi, described the allegations as “political corruption” and “a direct theft of resources belonging to the Nigerian people.”
According to the report, President Bola Tinubu had reportedly intervened in a growing dispute within the APC Governors Forum over the management of alleged 2027 campaign funds.
The report further claimed that FAAC deductions were allegedly moved into accounts linked to Governor Hope Uzodimma under platforms identified as “Renewed Hope Ambassadors” and later “Renewed Hope Network,” sparking tensions among governors after questions reportedly emerged over how the funds were spent.
In a posted on X on Tuesday, Abdullahi said the allegations, if proven true, exposed the extent to which public resources may have been diverted while millions of Nigerians continue to battle economic hardship.
“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 constitutionally meant for development projects, payment of salaries, healthcare delivery, education, security and public welfare, not for financing 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 revelations may explain why several APC-controlled states appear more focused on political manoeuvring than governance despite increased revenues following the removal of fuel subsidy and the devaluation of the naira.
“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 immediate independent investigation into the allegations, including scrutiny of any accounts, structures or channels allegedly used 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.”
