2027 Presidency: El-Rufai Accused of Plotting To Destabilise Tinubu’s Government

2027 Presidency: El-Rufai Accused of Plotting To Destabilise Tinubu’s Government

  • There are claims that former Kaduna State governor Mallam Nasir El-Rufai is plotting to destabilise the administration of President Bola Tinubu
  • This development was made known by the Middle-Belt Patriotic Congress (MBPC) during a press briefing in Abuja
  • They alleged his son, Bello Mohammed El-Rufai, who heads the House Committee on Banking Regulations, is being used to control the CBN budget for his father's presidential ambition

Legit.ng journalist Segun Adeyemi has over 9 years of experience covering political events, civil societies, courts, and metro.

FCT, Abuja - The Middle-Belt Patriotic Congress (MBPC) has raised concerns about an alleged plan orchestrated by the former Governor of Kaduna State, Nasir El-Rufai, to influence the Central Bank of Nigeria (CBN) for financial support in his pursuit of the presidency.

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The group, disclosing this information during a press conference in Abuja on Sunday, December 17, asserted that El-Rufai is currently securing the backing of influential figures in the northern region as part of his strategy to undermine the administration of President Bola Tinubu.

Tinubu, El-Rufai, CBN
El-Rufai was earlier in the year shortlisted for a place in President Tinubu's cabinet but was not cleared by the Senate during his screening. Photo Credit: Nasir El-Rufai
Source: Facebook

Garuba Jacob, the group's convener, highlighted that Bello Mohammed El-Rufai, the House Committee on Banking Regulations Chairman, is implicated in the overarching plan to use CBN manipulation to fund Nasir El-Rufai's presidential aspirations.

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The statement said:

"We have noted that el-Rufai, being who he is, has perfected the funding plan for his questionable enterprise, which he is hiding under his venture capital/private equity firm, Afri-Venture Capital Company Limited, will begin operations in 2024, with $100 million, that is more than N100 billion that he is deploying for inducing the youth, mostly Muslim youths as part of a plot for further disenfranchise the Christian population.

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"We understand that the youths are being mobilized under the guise of grooming them for enterprise, but they will be later corralled into being willing tools for protests that will ground the country at el-Rufai’s behest."

El-Rufai's link with CBN explained

The organization asserted that the junior el-Rufai's position is essentially a means for his father to maintain a tight grip on Nigeria's resources by exerting undue influence over the Central Bank.

They claimed that this influence adversely affects the economy, raising concerns about the consequences when he forcefully pursues his ambition to secure the presidency in the 2027 elections.

Consequently, the group called on northern leaders, including former President Muhammadu Buhari and General Ibrahim Babangida, to exercise caution in engaging with el-Rufai to safeguard Nigeria's stability.

El-Rufai announces $100 million venture capital, dumps politics, returns to private sector

Meanwhile, El-Rufai has made a big comeback; this time, he has dumped Nigerian politics, announcing his entry into the private sector.

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The former Kaduna state governor confirmed that his new firm would empower Nigerian innovators and entrepreneurs.

The Afri-Venture Capital Company Ltd, according to El-Rufai, is a $100 million venture capital fund for startups in Nigeria.

Source: Legit.ng

Authors:
Segun Adeyemi avatar

Segun Adeyemi (Current Affairs and Politics Editor) Segun Adeyemi is a journalist with over 9 years of experience as an active field reporter, editor, and editorial manager. He has had stints with Daily Trust newspaper, Daily Nigerian, and News Digest. He currently works as an editor for Legit.ng's current affairs and politics desk. He holds a degree in Mass Communication (Adekunle Ajasin University). He is a certified digital reporter by Reuters, AFP and the co-convener of the annual campus journalism awards. Email: segun.adeyemi@corp.legit.ng.