APC CAMPAIGN COUNCIL
PRESS STATEMENT
PARIS ICC ARBITRATION COURT RULING: ATIKU ABUBAKAR UNFIT FOR NIGERIA'S PRESIDENCY
Atiku Abubakar, the African Democratic Congress candidate, is unfit to be President of Nigeria because he has once again proven he will compromise Nigeria’s best interests for personal, fiduciary gain.
Abubakar’s legendary corruption reverberated in Paris at the International Arbitration Tribunal under the auspices of the International Chamber of Commerce (ICC). Hearings in the arbitration filed by Sunrise Power and Transmission Company Ltd (Sunrise) and Leno Adesanya over the stalled 3960mw Mambila Hydroelectric Power Project in Taraba State revealed that Abubakar and former power minister Olu Agunloye worked in cahoots to sign an illegal power contract with Sunrise.
The backdoor signing of the contract in the dying days of then President Olusegun Obasanjo’s first term, when Atiku wielded enormous power, put Nigeria in a serious financial peril, despite President Obasanjo’s objection and reservations at the Federal Executive Council meeting.
Atiku’s greed, however, propelled him to disobey the council and President Obasanjo, months after Leno Adesanya, through an offshore account, China Castle Investment, wired $500,000 to the US Citibank account of his now-divorced wife, Jennifer Douglas. The money arrived in tranches, raising red flags at Citibank and in the United States. The wired money and other suspicious transfers totalling $40 million surfaced in a US Senate investigation into Atiku and other corrupt leaders. In the US Senate report titled Keeping Foreign Corruption out of the United States: Four Case Histories, Jennifer said her husband sent the money. She said she was not familiar with the offshore company that wired the money.
Atiku’s treasonable act, after the Nigerian government declined to go ahead with the illegal contract, led Sunrise and Leno Adesanya to make a claim against the Federal Republic of Nigeria, demanding $680 million as a settlement sum and interest in respect of another arbitration in which it is claiming over $2.7 billion in compensation and interest relating to disputes associated with the development of the Mambilla Hydro Power project.
As the ICC Paris Tribunal concluded: "There is a close connection in time between the moment the USD 500,000 payment was made to the wife of Vice-President Abubakar on 30 January 2003 and the alleged award of the BOT contract to Sunrise on 22 May 2003."
Nigeria fought valiantly to dodge this huge liability, echoing a similar attempt by another rogue company, Process and Industrial Development (P&ID), to extract an $11 billion claim from our country for a phantom gas project in Akwa Ibom that the company did not spend a dime on.
By collecting a $500,000 bribe from Leno Adesanya to approve a Build-Operate-Transfer contract to a company with no scintilla of experience in hydro power generation, Atiku has proven he is one of the enablers of local and international predatory and exploitative entities out to defraud our country.
At the hearing in Paris, Atiku, to avoid embarrassment, chose to stay away to give evidence in support of Sunrise and Leno Adesanya’s specious claim that the $500,000 was a foreign exchange transaction. Although the Tribunal requested Atiku’s witness statement, Adesanya shielded Atiku and Jennifer Douglas by lying. In contrast, President Olusegun Obasanjo and President Muhammadu Buhari went to Paris to defend Nigeria and help stave off a liability that our country can ill-afford to redeem in these lean times.
The disclosure in Paris once again justified President Obasanjo's scathing remarks about Atiku’s corruption in his book, My Watch. “ What I did not know”, the former Nigerian leader wrote in the second part of the book, “which came out glaringly later, was his parental background, which was somewhat shadowy, his propensity to corruption, his tendency to disloyalty, his inability to say and stick to the truth all the time, a propensity for poor judgement, his belief and reliance on marabouts, his lack of transparency, his trust in money to buy his way out on all issues and his readiness to sacrifice morality, integrity, propriety, truth and national interest for self and selfish interest.”
The APC Campaign calls on Abubakar Atiku to do himself a rare honour by bowing out of the presidential race, as the $500,000 bribe is just the tip of the iceberg of the revelations to come about his monumental corruption.
The people of Taraba State should also note that the ADC candidate, who plans to pull wool over our eyes and bamboozle his way to the presidency as a pro-petrol-subsidy candidate, is one of the people responsible for the stalled kick-off of what would have been the biggest hydro-power project in Nigeria, with many economic spin-offs for the people of the state.
Dele Alake,
Spokesman of the APC Presidential Campaign Council,
Abuja
September 18, 2026
My best days as your representative are still ahead.
I am deeply humbled by the overwhelming confidence reposed in me by APC members across the 13 electoral wards of Zaria Federal Constituency, who affirmed me unopposed as the party’s candidate for the 2027 general elections.
This iconic bottle of Don Julio 1942 retails for around ₦500,000 at premium drinks stores in Nigeria.
In the clubs? It moves for ₦1.2M in regular spots to ₦2M+ in top Lagos venues.
Guess what?
Over 2,000 original bottles are purchased on a typical weekend across the country! The fakes probably double these figures.
Data is key… Nigeria’s luxury space is underrated!
Kids want more dad time. Wife wants more husband time. Parents want more son time. Work wants more of your time. And you still show up. Shoutout to the men doing it all. 🙌
My belief is, if you manage to be successful without being famous, please enjoy your success in peace. Some have had to be famous to achieve success. And then there is the unfortunate group who achieved fame without success. Pray for them. It’s a rough place to be.
The jinx is broken!
The moment Governor Dapo Abiodun announced Senator Solomon Olamilekan Adeola (YAYI) as the flagbearer of the APC for the 2027 gubernatorial election in Ogun State.
The first governor in the history of Ogun State to declare his successor peacefully.
List of Ambassadors in Ogun under Governor Dapo Abiodun
1. Segun Odegbami — Grand Sports Ambassador
2. Anthony Joshua — Sports Ambassador
3. Tunde Onakoya — Sports Ambassador
4. Laycon — Youths Ambassador
5. Tobi Amusan — Sports Ambassador
6. Samuel Badekale — Education Ambassador (All-time best graduating student in Unilag, from Ogun)
7. Haroun Adebakin — Education Ambassador
8. Kayode Adewale — Education Ambassador (best teacher in Nigeria)
These appointments are honorary and ceremonial, in recognition of their outstanding achievements and their role in projecting the image of Ogun State to the world.
Omo Ogun! ❤️🐐🔥
The day you believe any politician is doing you a favour by running for office is the day you are less than a human. You are better than to think that way.
BREAKING 🚨: Gateway Air, Ogun State owned Airline, has announced new flight operations covering major cities across Nigeria.
Gateway Air will commence scheduled flight operations on the following routes beginning Monday, 13th April 2026:
- Iperu to Abuja
- Abuja to Port Harcourt
- Abuja to Calabar
- Abuja to Jos
- Iperu to Kano
The one-way flights will operate on Mondays, Tuesdays, Wednesdays, and Fridays, offering passengers reliable and convenient travel options.
Economy fares are as low as ₦100,000.
Passengers are encouraged to make early bookings and stay updated through the airline’s official communication channels for flight schedules and additional information:
Phone: +2349125950403, +2349153823424, +2347047108136
Email: [email protected], [email protected], [email protected]
Hon Kayode Akinmade
Special Adviser on Information and Strategy to Governor Dapo Abiodun.