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2027: Don’t Entrust Nigeria’s Treasury to Atiku – APC



The All Progressives Congress (APC) has urged Nigerians not to entrust the country’s treasury to Atiku Abubakar, presidential candidate of the African Democratic Congress (ADC), ahead of the 2027 elections.

 

In a statement issued on Friday, Felix Morka, national publicity secretary of the APC, cited a number of cases allegedly involving the former vice-president as reasons Nigerians should not entrust him with the nation’s treasury.

 

Morka’s statement is titled ” 2027: WHY NIGERIANS MUST KEEP ATIKU AWAY FROM THE NATIONAL TREASURY”.

 

“Ghosts of his sordid past continue, restlessly, to haunt and warn that Atiku must never again be allowed anywhere close to such a commanding position of trust and responsibility as the presidency,” the statement reads.

 

“As a former public official, Atiku’s record is an executive summary of some of Nigeria’s vilest episodes of corruption and cronyism that pulverised our economy and decimated public trust.

 

“From the Mambilla Hydroelectric Power Project and the Siemens bribery scandal to the William Jefferson case, the PTDF funds controversy, and the US Senate investigation into suspicious financial transactions, Atiku’s name is engraved ingloriously on files and dossiers of onshore and offshore financial scandals and atrocities.”

 

The APC spokesperson said the allegations had been documented in official records, court and tribunal proceedings, government investigations and foreign legislative reports.

 

 

He said the recent controversy surrounding the Mambilla project was particularly concerning, alleging that a $500,000 payment made by Leno Adesanya, promoter of Sunrise Power, to Jennifer Douglas, Atiku’s former wife, in January 2003 had raised questions because it occurred around the period the contract was awarded.

 

Morka said the transaction was among the issues examined in proceedings before an International Chamber of Commerce arbitration tribunal in Paris, France.

 

He also cited the Siemens bribery controversy, alleging that about $2.8 million in suspected bribe payments passed through a bank account linked to Atiku’s ex-wife.

 

The APC spokesperson referenced the William Jefferson case, in which he said the former US congressman was convicted after investigators examined allegations involving proposed business interests in Nigeria and Atiku.

 

 

He also referred to a 2010 report by the US senate permanent subcommittee on investigations which examined financial transactions involving Atiku and Douglas.

 

According to Morka, the various controversies raised questions about whether Atiku should be entrusted with the presidency.

 

APC ATTACKS ATIKU’S SUBSIDY PROPOSAL

 

Morka also criticised Atiku’s position on petrol subsidy, describing his proposal to introduce support for locally refined petroleum products as a plan that could undermine the gains of the current administration.

 

 

Atiku has said he would introduce a targeted production subsidy for petroleum products refined in Nigeria if elected, rather than restore the previous open-ended subsidy regime on imported petrol.

 

However, Morka said the proposal is part of Atiku’s attempt to gain access to Nigeria’s finances.

 

He alleged that the proposal would threaten the country’s foreign reserves and other gains recorded under President Bola Tinubu’s administration.

 

The APC national publicity secretary also accused the ADC presidential candidate of seeking to reverse the economic reforms introduced by Tinubu’s administration.

 

Morka urged Nigerians to reject what he described as Atiku’s “desperate quest for presidential power” in the 2027 election.

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