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APC Budget 2018: Who Really is Funding it?

by Armada News
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By Sesugh Akume

Abundant Nigeria Renewal Party (ANRP) has been   made aware of APC’s budget for the year 2018 through widely  circulating media reports. ANRP is yet to confirm the veracity of  these reports as the said budget is not reported on any official APC platforms (website and social media).

If the reports are something to go by however, ANRP has raised questions and concerns about the said budget which is put at N14.8  billion, of which N2.4 billion is to come from the 24 states APC
‘controls’ as part of the financing plan.

APC National Treasurer, Mr. Bala Gwagwarwa is quoted thus, ‘[The] 2017  budget performance was substantially better due to [the] prompt intervention of our state governors . . . APC would generate N2.4  billion at the rate of N100 million from each of the 24 states under  APC control.’ Also that, ‘the party hopes to generate N1.05 billion from eminent members of the party in non-APC states.’

ANRP, as the public, is interested in the source of funds. How do APC intend to ‘raise’ N100m from the 24 states that they ‘control’? Is it from these same states where salaries of workers and pensions of  retirees are owed for months, in some states for over 12 months?

The mere fact that APC expects governors and states to sponsor their  party activities while majority of these states are impoverishing  workers and retirees is indicative of the party’s inability to grasp
the pain in the land which they have caused. It proves their  insensitivity to the plight of Nigerians, and their impunity. It is  now clear where APC priority lies: in mere politics and self-serving
interests, not in being of service to our people.

ANRP objects to the system whereby monies from government sources are  raised’ to finance parties and elections. This is not acceptable,  ANRP rejects it. ANRP raises money from crowdfunding and freewill donations, etc. Our books are also open for scrutiny.

Going by APC’s income projections, N2.4 billion with N1.05 billion is  N3.45 billion. Where will the outstanding N11.37 billion come from?  Would the balance come from 100 naira monthly donations by members as  APC stated? ANRP is interested and keenly watching.

Also, the  Electoral Law clearly stipulates that the maximum amount any individual or body corporate may donate to political parties is N10 million. This law applies to all, APC included. ANRP is interested in knowing these ’eminent’ Nigerians who would be donating billions of
naira to finance APC.

APC (as every other political party) will have to show where every  dime of their financing comes from. APC must be transparent and accountable about their financing. They must do the right thing, and  follow ANRP’s example.

APC are also quoted as intending to spend a stupendous N500 million on  vehicles for their National Working Committee (NWC) officers, that is,  N25 million each for 20 vehicles. Clearly, APC are living in denial,  and blind to the harsh economic realities facing Nigerians, and therefore think it appropriate to rub it in the face of long-suffering  Nigerians; displaying affluence and living large spending so much on vehicles for their officers instead of cutting costs.

This is the same culture of wastage (not cutting costs and living lavishly) that they have translated into (mis)governing the country, in all arms of  government and at all levels.

Under the APC government Nigeria has this 2018 become the country with  the highest number of people living in abysmal poverty, and also the  highest percentage of the population living in such dire poverty. The  National Bureau of Statistics (NBS) also releases reports that  demonstrate that millions of jobs are lost every quarter, businesses  dying, as well as increasing hardship with more people falling into  penury daily. Yet, APC feel no sense of responsibility and have chosen  to continue in their ways of lavish spending. Nigerians now know  better on how to decide.

ANRP posits that the era of opaque political party and campaign  financing is over. ANRP is interested, and will closely monitor this.  ANRP will ensure that INEC, the elections management body plays its  role in ensuring strict compliance, and consequences for defaulters,  whoever they are.

.Akume, National Spokesman of ANRP writes in from Abuja

Office Telephone: 09064796674 (9 am – 5 pm week days)
Email: enquiries@anrp.org.ng
Website: www.anrp.org.ng
@AbundantNigeria

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