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APC Accuses Atiku of Fabricating ₦12.8 Trillion Hidden Fund Allegation
The All Progressives Congress (APC) has strongly criticised the 2027 presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, after he claimed that President Bola Tinubu’s government secretly set aside ₦12.8 trillion.
Atiku labelled the 2026 Federal Budget as the most blatant breach of transparency and fiscal discipline in Nigeria’s democratic history, pointing to what he called shocking revelations about the Service‑Wide Vote allocation.
In response, APC National Publicity Secretary Felix Morka took to his 𝕏 account on Wednesday to dismiss the allegation. He explained that a Service‑Wide Vote is a long‑standing budgetary tool used to cover government‑wide obligations and unexpected expenses that arise after the annual budget is approved.
“You would think that a former Vice President, a man with the longest‑standing ambition to be Nigeria’s president, would understand the concept and instrument of a ‘Service‑Wide Vote’, an elementary principle of public finance. A Service‑Wide Vote is a long‑established and widely used budgetary mechanism designed to cater for government‑wide obligations and unforeseen expenditures that arise after the annual budget has been passed.
“Similar contingency arrangements exist in virtually all major economies and democracies of the world. A Service‑Wide Vote is not a secret fund or an illegal slush account, as Atiku has baselessly and recklessly alleged.”
Felix Morka, APC National Publicity Secretary
Morka further accused Atiku of trying to deflect blame for his own record of mismanagement, stating that the ghost of his sordid past continues to haunt him.
“The ghost of his sordid past haunts Atiku. Ironically, a man whose reputation as a public servant is mired in some of Nigeria’s darkest episodes of mindless corruption and profligacy attempts to smear a high‑achieving administration and lecture Nigerians on matters of fiscal responsibility and budgetary transparency. Atiku is only seeking to ascribe to others out of the overflowing store of misdeeds in his long and wasteful years in government.”
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