NDC Reports N8.529bn Revenue and N2.402bn Spending

The Nigeria Democratic Congress (NDC) announced that it generated N8.529 billion over seven months from various sources, including the sale of nomination forms and contributions. The party spent N2.402 billion on events such as primaries, publicity, and staff salaries, resulting in a balance of N6.127 billion.

This information was shared during the NDC National Executive Committee (NEC) meeting in Abuja, where Dr Peter Onigah, the National Treasurer, presented the financial statement. Key attendees included the NDC presidential candidate Peter Obi, vice-presidential candidate Senator Rabiu Kwankwaso, and National Leader Senator Henry Seriake Dickson.

NDC National Chairman Senator Moses Cleopas stated that the financial report was released to promote accountability among members before the party's first anniversary. He emphasized the importance of transparency and challenged other political parties to disclose their financial records.

Senator Victor Umeh supported this initiative, highlighting the necessity of demonstrating transparency to gain public trust.