Crisis is said to be brewing between APC National Leader, Asiwaju Bola Ahmed Tinubu and former Vice President Atiku Abubakar over the refusal of the former to repay a loan of N1 billion reportedly collected from the latter during the 2015 presidential campaign, SIGNAL can report.

A source familiar with the details told SIGNAL on Monday that both political heavyweights may be heading for a showdown over the development.

According to the source who did not want to be named, Atiku loaned Tinubu the sum of N1 billion in 2015 for the financing of deficits incurred during the APC presidential campaign with a promise to repay immediately after the elections. Crisis between the two titans began when months after the election, Tinubu refused to repay the debt, rebuffing Atiku’s attempts to broach the subject.

“Both men have managed to keep the issue out of the media space because of the sensitive nature, but there is a strong bone of contention between them. The issue is that Tinubu obtained a loan of N1 billion from Atiku during the 2015 presidential campaign and promised to repay the loan after the elections, but he’s not even ready to talk about it now and Atiku is sore pissed”, the source said.

Attempts by SIGNAL to contact Sunday Dare and Paul Ibe, spokespersons to Tinubu and Atiku respectively proved abortive at the time of filing this report.

However, further checks by SIGNAL through other relevant top level sources on Monday confirmed a brewing rift between the Jagaban of Borgu and the Turaki Adamawa over the said N1 billion loan.

Read more: http://www.signalng.com/exclusive-crisis-brews-apc-tinubus-refusal-repay-atikus-n1-billion-campaign-loan/

Ghen ghen!

VillageParrot:
[s]Crisis is said to be brewing between APC National Leader, Asiwaju Bola Ahmed Tinubu and former Vice President Atiku Abubakar over the refusal of the former to repay a loan of N1 billion reportedly collected from the latter during the 2015 presidential campaign, SIGNAL can report.

A source familiar with the details told SIGNAL on Monday that both political heavyweights may be heading for a showdown over the development.

According to the source who did not want to be named, Atiku loaned Tinubu the sum of N1 billion in 2015 for the financing of deficits incurred during the APC presidential campaign with a promise to repay immediately after the elections. Crisis between the two titans began when months after the election, Tinubu refused to repay the debt, rebuffing Atiku’s attempts to broach the subject.

“Both men have managed to keep the issue out of the media space because of the sensitive nature, but there is a strong bone of contention between them. The issue is that Tinubu obtained a loan of N1 billion from Atiku during the 2015 presidential campaign and promised to repay the loan after the elections, but he’s not even ready to talk about it now and Atiku is sore pissed”, the source said.

Attempts by SIGNAL to contact Sunday Dare and Paul Ibe, spokespersons to Tinubu and Atiku respectively proved abortive at the time of filing this report.

However, further checks by SIGNAL through other relevant top level sources on Monday confirmed a brewing rift between the Jagaban of Borgu and the Turaki Adamawa over the said N1 billion loan.

Read more: http://www.signalng.com/exclusive-crisis-brews-apc-tinubus-refusal-repay-atikus-n1-billion-campaign-loan/[/s]

Is Tinubu the president of Nigeria? It's he who enters thy throne that shares the Bounty
Mtscheeeeew

Shouldn't EFCC be tracing such fund's sources?
Oh,they are APC,they are free to go.
Meanwhile,atiku should hold on a bit,let aregbesola,ambode and co raise some allocation. Once their state's allocation improve,he will get his money

.





Nurturing d traditions above
What's there to say?

How much did Lagos generate in the first quarter again?

*in Tinubu's voice*
"Wunmi, please direct the commissioner of Finance to make arrangenents to pay Atiku 1bilion and 200 million for the inconvenience"

Lmaoooooooo. Politicians and the media are nuts

OP you and your familiar source why taking too much WEED?

Some writers need to go find another job

1billion naira which is 3.2M Dollars na him Jagaban go dey owe?

Anyway wailers must wail

Signalng ko, Pointer ng ni

You media people sef,you mean tinubu cannot fund election just 1 billion naira...are u people okay?!!!!!!...how much is one billion to tinubu?..chai..media and lies is like snake and nairaland

efcc!

raumdeuter:
Some writers need to go find another job

1billion naira which is 3.2M Dollars na him Jagaban go dey owe?

Anyway wailers must wail

Signalng ko, Pointer ng ni

Lol. The name of the site suppose be "www.point&kill.com". What a joke of a site.

lol @ ipob news...u people no dey taya ni?

SamuelAnyawu:


Is Tinubu the president of Nigeria? It's he who enters thy throne that shares the Bounty
Mtscheeeeew

Thank you! Atiku should be patient, the budget was only passed a few days ago and no doubt his campaign expenses would be in the proposed N350b to be injected into the system immediately to reflate it. I wonder how much refund saraki would ask for. Little by little, the picture is getting clearer.

searchng4love:
efcc!

Not available. Call back later.

IPOB people go finish us with laff oooo



The fear of Tinubu is the beginning of wisdom to Ipob people

Jagaban1 of Africa

No rival

Shun SIR!!

arresa:
lol @ ipob news...u people no dey taya ni?

Ipob Victim, what is strange about the news? Atiku has been since sidelined by the man he helped to power. E nor go loss am all all nah.

make I tek you do suya....waka come here

BeardedMeat:
Not available. Call back later.

Nor be Rivers money again? or was it Lagos or Osun? So all these while it was Atiku that loaned Tinubu the cash to install his opponent in office

There is propaganda and their is foolishness!!! 1bn? Haba!!!

searchng4love:
make I tek you do suya....waka come here

Try am! You go turn cornbeef sharp sharp or you prefer roasting?

SamuelAnyawu:


Is Tinubu the president of Nigeria? It's he who enters thy throne that shares the Bounty
Mtscheeeeew

He's the self acclaimed APC national leader, who during the primaries in lagos mobilised against Atiku's candidature. So I advice him to pay his debt since the money was loaned to him(tinubu)

Atiku should please exercise some patience cos the recently passed budget of faaji has lots of goodies and spoils of war to settle debts and ROI.

Now that the 5% avengers are demanding full resource control, The whole equation is under threat. The Niger Delta deserves more respect from the geographical expression called Nigeria.

Hahahaha

Mynd44:
How much did Lagos generate in the first quarter again?

*in Tinubu's voice*
"Wunmi, please direct the commissioner of Finance to make arrangenents to pay Atiku 1bilion and 200 million for the inconvenience"

Lmaoooooooo. Politicians and the media are nuts

I dey laugh o....make him pay the money nah

Let d brawl continue. They are useless to Nigerians. We don't miss them and we don't value thier sorry lives. Nonsense.
Now, where is that illiterate Magun of the Efcc that is ready to disgrace pdp over election and campaign funding?

Can the edioot now go after these two Siemens twins who are nothing but old thieves

Apc stinks to the higher hell

BeardedMeat:
Try am! You go turn cornbeef sharp sharp or you prefer roasting?

Mkpi waka come joor mek I hand you over mallam audu mesuya

Signalng?? I'm surprised they chose not to use breakingtimes, trentonline or igberetv this time.

Signal ni, network ko.

Na una go tire.

Mynd44:
How much did Lagos generate in the first quarter again?

*in Tinubu's voice*
"Wunmi, please direct the commissioner of Finance to make arrangenents to pay Atiku 1bilion and 200 million for the inconvenience"

Lmaoooooooo. Politicians and the media are nuts

That's chicken change for jagaban to offset cos his boy ambode just internally generated over 100 billion. Tinubu is just not interested in repaying the loan. Atiku can go to court.

Silly News.

u want to cause problem u cnt even cause it with common sense.

signAl ko, signature ni