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NDC opens books, declares N8.53bn income, N2.4bn spending

🇳🇬 Nigeria · Politics · 13 h ago
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26.10 17:32 UTC
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The Nigeria Democratic Congress (NDC) has thrown open its financial books, disclosing that it generated N8.529 billion within about seven months of its establishment, while spending N2.402 billion on party activities. The figures, presented at the party’s National Executive Committee (NEC) meeting i
Independent sources: 4 · News Focus, Tribune Online, Naija News
The NDC said its decision to disclose its financial position before completing its first year was aimed at demonstrating accountability in the management of resources contributed by members and supporters.
Independent sources: 4 · News Focus, Tribune Online, Naija News
The NEC meeting attracted the party’s presidential candidate, Peter Obi; vice-presidential candidate, Senator Rabiu Kwankwaso; National Leader, Senator Henry Seriake Dickson; and members of the National Working Committee.
Independent sources: 4 · News Focus, Tribune Online, Naija News
He said the decision was not prompted by what he described as frivolous allegations circulating on social media but by the party’s determination to establish transparency as a core principle.
Independent sources: 4 · News Focus, Tribune Online, Naija News
Responding, Cleopas said the distribution of resources to state chapters was already receiving attention.
Independent sources: 4 · News Focus, Tribune Online, Naija News
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