APC blasts Atiku over 2026 'slush fund' allegation, says SWV standard fiscal practice
The Nigerian ruling party, APC, has dismissed allegations by former Vice President Atiku Abubakar that the 2026 Service-Wide Vote (SWV) is a slush fund for President Tinubu's re-election. The APC maintains that the SWV is a standard fiscal mechanism for government obligations and accused Atiku of political mischief.
Why it matters
This highlights ongoing political tensions and debates over fiscal transparency and government spending in Nigeria ahead of the 2027 general elections.
The ruling All Progressives Congress (APC) has launched a fiery counter-attack against former Vice President and African Democratic Congress (ADC) presidential candidate Alhaji Atiku Abubakar, dismissing his claims that the 2026 Service-Wide Vote (SWV) was earmarked to fund President Bola Ahmed Tinubu’s 2027 re-election bid. In a statement issued in Abuja on Wednesday, the governing party described Atiku’s allegations as a mix of “disturbing ignorance of basic public finance principles” and “calculated mischief.” The response follows Atiku’s recent public criticism, in which he accused the Tinubu administration of setting aside funds under the SWV umbrella as an illegal slush fund to boost the ruling party’s prospects in the upcoming general election. Reacting directly to the claims, APC National Publicity Secretary Felix Morka said Atiku failed to present concrete evidence to substantiate what he termed a sensational narrative.
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