The National Chairman of the All Progressives Congress, Dr Abdullahi Ganduje, on Wednesday, sought a bailout for the ruling party over N8.9bn election debts.
Ganduje revealed that the party’s accounts had been garnisheed following the huge debt resulting from the cases filed by the opposition parties to challenge the elections of President Bola Tinubu, APC governors and legislators.
The former Kano State governor disclosed this at the National Executive Committee meeting of the APC, held a day after the party held its national caucus meeting at the Presidential Villa, Abuja.
Briefing the party leadership about the state of the APC, Ganduje said the N8.9bn expenses were for pre-election legal battles, election cases and appeals for legislative, governorship, and presidential elections.
He, however, noted that the National Legal Adviser, Prof Abdul Kareem Kana (SAN), had been working to reduce the debt burden.
He said, “Your Excellencies, the current NWC inherited debts and legal liabilities to the total tune of N8,987,874,663 from all the cases outlined above, ranging from legal engagements during the pre-election matters, election cases and appeals for legislative, governorship and presidential elections.
“The details are also contained in the document report from the office of the National Legal Adviser in your folder. The National Legal Adviser has been making frantic efforts toward reducing the debt burden through dialogue and other alternative dispute resolution mechanisms.
“However, we still passionately appeal to the National Executive Committee to intervene accordingly. It is important to note that some of our accounts are still garnisheed.”