The All Progressives Congress (APC) has dismissed allegations by former Vice President and African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, that the 2026 Service-Wide Vote (SWV) was earmarked to finance President Bola Tinubu’s 2027 re-election campaign.
In a statement, the ruling party described Atiku’s claims as “baseless, misleading and politically motivated,” arguing that he failed to provide any evidence to support the allegation.
The APC explained that the Service-Wide Vote is a long-established budgetary mechanism used to fund government-wide obligations and unforeseen expenditures after the annual budget has been approved. According to the party, the SWV is a recognised public finance instrument and not a secret fund or illegal account as alleged.
The party further accused Atiku of attempting to distract Nigerians from what it described as the achievements of the Tinubu administration, insisting that the government remains committed to fiscal responsibility, transparency and prudent management of public resources.
Highlighting key initiatives under the Renewed Hope Agenda, the APC cited the Nigerian Education Loan Fund (NELFUND), the implementation of the new national minimum wage, the Consumer Credit Scheme, the Presidential Compressed Natural Gas (CNG) Initiative, investments in infrastructure, healthcare and agriculture, as well as ongoing tax reforms aimed at promoting economic growth and easing the burden on low-income Nigerians.
The APC maintained that the Tinubu administration remains focused on rebuilding the economy, strengthening institutions, expanding infrastructure and improving the welfare of Nigerians.
