Political financing in Nigeria has long resembled a black box.But when the governors of Nigeria’s ruling All Progressives Congress hold a secret night meeting in Abuja, the rest of the country should listen. And so it goes that the recent rupture in the Progressive Governors Forum involving allegations of a missing N800 billion (US$520m) is more than just a party squabble. The squabble is a window into how political rent-seeking is hollowing out Nigeria’s capacity to build infrastructure.