Nigeria's President Muhammadu Buhari has refused to help the All Progressives Congress (APC) out of its broke condition, The Cable reports.

The APC is experiencing financial distress and has been unable to pay the salaries of its staff. At a news briefing on January 25, John Oyegun, national chairman of the party, had admitted that the party was having financial challenges, but he added that the party did not want to bother President Muhammadu Buhari because it was not his constitutional duty to finance the party.

However, TheCable said Buhari is not willing to “bail out” the party owing to allegations of financial mismanagement against leaders of the party.

A source privy to the “financial standoff” said some officials of the party magicked N7bn campaign funds in the last general election.

“The president is furious with the party leaders, and has refused to support them financially,” he said.

“The party now runs after state governors in a bid to survive, and has begun to knock on the doors of ministers.” he added.