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HomeNewsI inherited N8.9 billion debt – Ganduje

I inherited N8.9 billion debt – Ganduje

The National Chairman of the ruling All Progressives Congress (APC), Abdullahi Umar Ganduje, has said that the party’s National Working Committee (NWC) under his leadership inherited debts of N8,987,874,663 upon assuming office.

Ganduje disclosed this during the ongoing National Executive Committee (NEC) meeting at the APC National Secretariat in Abuja.

The meeting was attended by President Bola Ahmed Tinubu, Vice President Kashim Shettima, Senate President Godswill Akpabio, Speaker of the House of Representatives Tajudeen Abbas, state governors, NWC members, and other party chieftains.

Addressing the gathering, Ganduje described the inherited liabilities as “legal liabilities” linked to expenses incurred during pre-election legal battles, election cases, and appeals for legislative, governorship, and presidential elections.

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“The current NWC inherited debts and legal liabilities to the total tune of N8,987,874,663, arising from various legal engagements,” he stated.

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He, however, noted that the National Legal Adviser, Prof. Abdul Kareem Kana (SAN), has been working to reduce the debt burden through dialogue and alternative dispute resolution mechanisms.

Ganduje appealed for the intervention of the NEC, stressing that some of the party’s accounts remain garnished.

“We still passionately appeal to the National Executive Committee to intervene accordingly,” he pleaded.

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