APC Accounts Frozen As Tinubu’s Men Search For Adamu’s Successor

The bank accounts operated by the national secretariat of the All Progressives Congress, APC have been frozen it emerged on Monday just as President Bola Tinubu and his inner circle have reportedly intensified search for a replacement for Senator Abdullahi Adamu as national chairman.

The freeze of the account follows mutterings over the expenditure of the more than N20 billion reportedly harvested from the sale of nomination forms by the party ahead of the 2023 General Election.

Meanwhile, Vanguard reports that that some of the president’s men were said to have been looking for a suitable replacement for Adamu shortly after Tinubu was elected in February this year.

While Tinubu was said to have soft-pedaled shortly after he was sworn in, preferring instead to take his time before trying to oust Adamu, some chieftains of the party were said to have impressed it on the former governor of Osun State and Interim National Chairman of the party, Chief Bisi Akande, to secure the president’s nod to remove Adamu instantly.

APC accounts frozen

The development came on a day when all the bank accounts of the ruling party have been frozen.

Vanguard gathered that the accounts were frozen on the orders of the “Presidency”, days before the embattled chairman was shown the exit. The development has consequently affected the payment of advertisement debts accruing to various media houses covering the party.

Lalong, Almakura tipped

Following Adamu’s resignation, some party sources said the president already has a replacement for Adamu but was consulting some stakeholders in order to make his choice acceptable to all.

“Honestly, if you ask me, I do not know who the person is. You are the one asking me about (James) Faleke and (Tanko) Almakura now. Some are even saying Silas Agara, a former deputy governor of Nasarawa state, but the president is keeping things to his chest and his inner circle, and that is not unexpected. I do not know the people being touted as replacements but I know the president is talking with his inner caucus”, said a top party official.

Another official of the party, who pleaded anonymity, however, said Almakura and the immediate-past Governor of Plateau State, Simon Lalong are among the two being tipped for the position.

On Monday however, following Adamu’s resignation, some party sources said the president already had a replacement for Adamu but was consulting some stakeholders to make his choice acceptable to all.

“Honestly, if you ask me, I do not know who the person is. You are the one asking me about (James) Faleke and (Tanko) Almakura now. Some are even saying Silas Agara, a former deputy governor of Nasarawa State, but the president is keeping things to his chest and his inner circle, and that is expected.

Source: Vanguard

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