The ruling All Progressives Congress, APC is said to be broke and insolvent, report according to ThisDay Newspaper suggests.
According to ThisDay, the APC insolvency has led the headquarters of the party electrical power source recently disconnected from the power grid over non-payment of its electricity bill to the Abuja Disco.
A reliable source at the APC’s national secretariat, who spoke to journalists yesterday, blamed the poor state of the ruling party’s finances on the non-payment of monthly dues by all cadre of political appointees on its platform, including Buhari.
He explained that based on the decision reached at the meeting of the party’s national leadership, it was agreed that APC members in the National Assembly were to pay N100,000 (senators) and N70,000 for the House of Representative members.
Although the party source failed to disclose the amount expected from Buhari and his deputy, Prof. Yemi Osibanjo, he said most APC political office holders within this category had not been forthcoming with their contributions due to the internal crisis in the party.
He said the Senate President, Bukola Saraki, and House Speaker, Yakubu Dogara, had also stopped the mandatory monthly payments since the party got engulfed in a crisis.
Similarly, the source said all political appointees of the party, including Buhari, who is also the leader of the party, had not paid their dues since they took office, contrary to the party’s constitution.
Sources also revealed that some APC governors, appointees of the president and many members of the National Assembly loyal to a prominent leader of the party, have vowed not to contribute a dime to fund the party until “there is a change in the party’s leadership”.
However, a top member of the party confirmed to THISDAY that only the Minister of State for Power, Works and Housing, Mustapha Baba Shauri, from Borno State has been able to pay N500,000.
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