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APC Backs Tinubu for Second Term as President

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Bala Augie
Bala Augiehttps://moneycentral.com.ng
Bala is the Editor of MoneyCentral Media. Bala is a Fellow (FCA) of the Institute of Chartered Accountants in Nigeria (ICAN) and holds a Bsc in Accounting from the University of Abuja. Bala has over 12 years’ experience in the financial journalism landscape with specialization in the Insurance, markets and Finance sectors.
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Nigeria’s ruling All Progressives Congress (APC) party has endorsed President Bola Tinubu as its candidate for the 2027 election, after top opposition leaders agreed to unite ahead of the ballot.

Former Vice President Atiku Abubakar of the main opposition Peoples Democratic Party, the Labour Party’s Peter Obi and former minister Nasir El-Rufai of the Social Democratic Party agreed to join forces under the African Democratic Congress in the next election.

The move is aimed at repairing rifts that handed Tinubu victory two years ago, when he won a tightly fought contest that left Abubakar, of the main opposition party, as the runner up.

Since becoming the leader of one of Africa’s biggest economies, Tinubu has implemented reforms including phasing out costly fuel subsidies and allowing the naira to trade more freely on the foreign exchange market.

The moves were welcomed by international observers as necessary to boost the economy but they carried a high price, triggering cost of living crisis in a national where nearly half of its 200 million people live in extreme poverty.



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