The All Progressives Congress (APC) on Wednesday defended the N12.8 trillion Service-Wide Vote (SWV) in the 2026 budget, describing it as a lawful and long-established budgetary mechanism.
The ruling party dismissed allegations by Atiku Abubakar, the African Democratic Congress (ADC) presidential candidate for the 2027 poll that it was intended to fund President Bola Tinubu’s 2027 re-election campaign.
Atiku had earlier challenged the Tinubu administration to explain the N12.8 trillion Service-Wide Vote contained in the 2026 budget, alleging that it was being set aside as a “slush fund” to finance the President’s re-election bid.
He argued that the provision lacked transparency and demanded a detailed breakdown of how the funds would be utilised.
Reacting in a statement issued in Abuja, Felix Morka, the APC National Publicity Secretary, described Atiku’s allegation as a combination of “disturbing ignorance of basic public finance principles” and “calculated mischief.”
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