I took bank loan to pay for APC presidential form, says Buhari | Nigerian News. Latest Nigeria News. Your online Nigerian Newspaper. f

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Former military Head of State and presidential aspirant of the All Progressives Congress, APC, Gen. Muhammadu Buhari, yesterday declared that he picked an expression of interest and presidential nomination forms worth N27.5m with a bank loan.

Buhari disclosed this at the APC national headquarters yesterday in Abuja.


He explained that the presidential expression of interest form was N2.5m while the presidential nomination form was N25.5m, making a total of N27.5m.

“You could recall in the entire contest, I have always tried to personally pay for the nomination form at least. But N27.5m is not small.

“Thank God, I have a personal relationship with the chairman of my bank. I called him and told him that the forms are coming and so, whether my accounts are in red or green or black, you must honour this, otherwise, I will lose the nomination.

“I was about to go to Kaduna today and told the chairman and he said, ‘you better pick the form’ and he kept a straight face. That means that there is no excuse.

“I thank God that we have gotten to this stage and all speculations will now cease and now, in the best tradition of democracy, people can now follow their choice candidate into the arena,” Buhari said.

APC National Chairman, Chief John Odigie-Oyegun, described Buhari as a harbinger of change in spite of his age. “We don’t expect you to have N27m under your bed. But I expect that there are Nigerians who will vouch for you anyday and who are ready to stand by you anyday and that is the result that we have obtained today,” he said.

According to him, Buhari’s decision to join the race showed the quality of leadership APC is offering the country, just like the other aspirants. The APC boss added that if there was no consensus his leadership would give the ‘cleanest’ primary.

“If there is no consensus, my leadership would be offering the ‘cleanest’ primaries. When we hold our primaries, we will teach this country a good lesson on how to hold a transparent primary.

“People have always told me I should conduct a free, fair and transparent primary without rancour and I am confident.

“I am already packing my bag out of here and nothing is going to stop us from arriving at that destination.”

Odigie-Oyegun also assured of conduct of transparent APC primaries.



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  1. If you this broke, you better remain at home and let your grandchildren take care of you.

    ReplyDelete
  2. And so what? I respect Buhari but a Muslim - Muslim ticket will not fly. If eventually Buhari wins be ready to face serious economic sabotage. The southerners will go back to the creek and destroy oil installations. I hope we will not experience the nagging economic crisis Nigeria suffered in 1984 during your term as military head of state. Buhari be ready for a serious show down your host could be incapacitated and thereby making the nation ungovernable just the way you did to GEJ.... tit for tat...

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  3. GMB, note that 1+1 =2 and (N2.5million + N25.5million = N28million). You're not saying the truth.

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  4. Dey craze ni Buhari. With which collateral? So bank will just dash u N27 like dat as loan. Dats unethical practices. EFCC shud look into dis

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  5. buhari stop deceivin people.we all kw ur also nt clean.u wia chaiman of PTF durin abacha.and we al kw hw corrupt dat regim was.

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  6. NE, If 2.5+25.5=27.5 what is the sum of 2.5+25? What collateral did you give?or u want to tell me dat bank gives loans now based on i know u terms? What if u lose as u've always done? Who repays the loan? if u start lying now what will happen if/wen u've achieved ur aim? this is an unnecessary display of simplicity or whatever u chose to call.

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  7. This is how banks get into trouble. Lending money for politics is like lending money for gambling. So, if Buhari does not win the election, how will he pay back? Even if he wins the election, whose money will he use to pay back? The nation's money? Or the so-called "security vote"? I really think CBN should sanction the bank that gave Buhari this loan!

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  8. Please stop fooling us,you've not been elected and you're already telling us big white lies like this,only God knows what will happen when you get there...Mr innocent!

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  9. A billionare can take a loan so that means nothing, especially in Nigeria where big men don't pay back and have the bank cancel it as bad debt. Ah beg leave this mattee. Nigerians are not learners anymore. The question is why do they make people pay so much for the form in the first place? To keep non-looters away

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  10. hmmm. u borrowed moni from bank..story story....story. once upon a tym. tym..tym. ds Buhari tink say we no get sense abi

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  11. Huumm na waoo So if he looses the nomination what happens to the loans? The chairman of the bank should pay and if he wins and wins th election you mortgage Nigeria to pay by looting the treasury . This is bounch of hypocritical set of people.just go and rest combination of Islamic AGENDER ISIS boko Haram no wonder Fashola started Abusing our President because Buhari has promised. Him vice President.

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  12. Now he has no money to even afford the presidential form (27m). Vote him into office and you will hear him dashing out large sums, where the money come from? Na our money wey him go thief, make dis man just go sleep sha. No time to check time, if APC like make dem carry guns go polling units, dem no go win, not like GEJ is the ultimate or the best for us, but the devil that you know is better than the angel you don't know...... #word

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  13. So???are we supposed to run inside the bush? The fact is that we youths are tired of recycling leaders. Old men should stay away and give chance to youth that need a better Nigeria for better tomorrow. Those old ones will start dying and they care not about the youth or any future cos they have none. Bihari,atiku and the rest should go back home and rest.

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  14. So wen u finally win i.e if u win, den ur 1st point agender wud b 2pay bak d loan u took wt interest. Shey una don c as him take get Naija 4hrt?

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  15. Some quick questions for Buhari,
    1. With this loan to obtain form, how will he campaign. Additional loan?
    2. With the special favour from this bank manager, will he support the prosecution of the bank manager if he flouted the rules in awarding the loan in the spirit of anti-corruption?
    3. If you succeed or fail in your presidential bid, how do you plan to repay the loan? Will the method of repayment not drag him into the pit of corruption?

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  16. Why didn't you mention the bank name and where are you gonna get the money to pay back to the bank since you want to prove to Nigerians that you don't have money

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  17. and so what? how will you pay it back? your friends already boasted that they will buy the form for you. why did't they buy it? by the way, you can buy it from your pucket as a former head of state.

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  18. This just shows how naive Buhari is. I think he was expecting us to clap for him that he is so poor he does not have N27.5m. But we are not deceived. A political party that sells its nomination form for that huge sum is the wrong party to lead Nigeria. I thought Buhari was more intelligent than this!

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  19. I guess it will be Bank of North or JAIS Islamic bank established by sanusi Lamido Sanusi.

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  20. Hi Nigerians, let's forget politicking, lets' forget APC/PDP for now. THE BIG TRUTH IS THAT BUHARI is not THE angle to rule the country call NIGERIA. How can person like BUHARI be telling us unbelievable lies from outside ASUROCK. What will happens when he gets into ASUROCK.

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  21. BUHARI tell me the answer to this simple Mathematics; (1) 1+1=? (2) 2*2=? (3.) 2.5+25.5=27(good) (4) 27.5 +2.5-27.5+2.5=? (5.) -2.5-27.5=?. I know that you will be confused with this simple algebra. Which brain then will you use to govern Nigeria. Again, with this high level of poverty in every aspect of your life, how can you govern Nigeria.

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  22. Abeg, Buhari should go and sit down joo!
    He's no beta than the others including the incumbent

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  23. Buhari is a foolish man. We all know that you are a rich man

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  24. Who gives a hoot about how you got the money to purchase your form? If you were a true leader that you claim, why must you allow your party to charge such a hideous sum of money just for a candidate to contest. You ought to know that the sum demanded will limit the chances of true leaders emerging from the party.
    Stop this your hypocritical and sanctimonious approach, you can fool the masses but not any intelligent person!

    ReplyDelete
  25. If buhari cannot convince his party men to reduce the nomination form fees to prevent him been pushed to borrow money like he said, it is the same way that his hand will be tied when it comes to dealing wig corrupt practise that a lot of people think he will fight.

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  26. Am a shame of Buhari so bcos of poverty, Buhari chose to insult GEJ, after spending all funds looted during Military Head of state. Nigerian donot want u -fulani idiot ,u have failed three times, the fourth time ur obituary will be on air b/cos u hav chicken brain , good for nothing.

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