Service-Wide Vote not slush fund, APC lectures Atiku

APC explained that a Service-Wide Vote is a long-established budgetary mechanism designed to cater for government-wide obligations and unforeseen expenditures that arise after the annual budget has been passed, and not a secret fund or illegal slush account as alleged by Atiku.

By Omeiza Ajayi ABUJA: The ruling All Progressives Congress APC has faulted former Vice President Atiku Abubakar over his allegation that the 2026 budgetary Service-Wide Vote, SWV, was set aside to fund President Bola Tinubu’s 2027 reelection campaign, describing the claim as either mischievous or a reflection of ignorance of basic public finance principles.“You would think that a former Vice President, a man with the longest-standing ambition to be president of Nigeria, would understand the concept and instrument of a ‘Service-Wide Vote’, an elementary principle of public finance.