Presidential aspirant, Adama Garba, has announced his official resignation from the ruling All Progressives Congress.
This comes hours after Garba who received an N83.2million donation to fund his presidential ambitions withdrew from the race.
However, Garba promised to return the funds to the donors, urging them to send an email with evidence of payment.
On the latest development, Garba claimed that he withdrew from the race after deeming the N100m APC expression of interest and nomination forms for the presidency, as well as the cost of running for political office, as expensive.
However, in a statement he personally signed on Wednesday, Garba stated that "My resignation was due to the fact that APC as a party has lost its moral bearing and has taken to some exclusionary practices which are against standard democratic tenets.
"More importantly, as a young man, who believes in the future of Nigeria and had high hopes in APC before now, I cannot continue to retain membership of a party that favours money beyond competency, vested interest beyond common interest, chronic elitism beyond to public good, politics of exclusion beyond inclusion.
"I do not, in all honesty, sincerely and with consciousness believe that any young man in Nigeria has a future or model worthy of emulation for the benefit of Nigeria in APC, I believe the party has drifted so much from the original beliefs of its foundation to a something more cynical, undemocratic institution. I further believed that the party has failed in its promises to deliver public good over the years, betrayed the public trust, and has turned out to be doing much worse than what we fought so hard to dethrone in the then PDP government. Worst is the issue of internal security that the party paid more attention to propaganda media statements that listening to the yearning of the people.
"Moreover, the party seems to encourage its enemies than its friends, favours its adversaries than its loyalist, hates the prospect of the new generation of leaders beyond just youth leadership seats, and has no credible, practicable plans for the future of Nigeria as we get into the heart of the turbulence of the 210 century."