The Nigeria Democratic Congress (NDC) has disclosed that it generated ₦8.529 billion from the sale of nomination forms, party dues, levies and contributions from supporters within its first seven months.
The party also revealed that it spent ₦2.402 billion on political activities, including primaries, publicity, staff salaries and other expenses.
The NDC National Treasurer, Peter Onigah, disclosed the figures in Abuja on Monday while presenting the party’s financial statement at its third National Executive Committee (NEC) meeting, Naija News reports.
Onigah said the disclosure was part of the party’s commitment to transparency and accountability, adding that its financial records would be open to public scrutiny.
He promised that the party would provide a detailed breakdown of its financial transactions before the end of its first accounting year.
“We have been very prudent. Our shelf is made up of technocrats, people who are experienced and people who have different capacities,” Onigah said.
He explained that the party depended on contributions from its members and supporters because it did not yet have members in government.
“As a new party, we don’t have people in government yet. All of us are outside the government. So, we need to contribute together and ensure that our party will prevail and achieve the desired objectives,” he added.
The NDC National Chairman, Moses Cleopas, said the decision to make the party’s financial records public was a normal practice and not a response to what he described as frivolous allegations on social media.
Cleopas explained that political parties were required to submit their financial reports to the relevant government institutions at the end of each year.
He said the NDC decided to inform its members about its finances before completing its first year because of the need to build trust and ensure accountability.
“We are not up to one year. That will be after our presidential elections. But just because of what we are coming out from, we, the managers of the party, feel that in a network like this, even as we are not going into details, people must know what we are and how we are functioning and how we are managing,” he said.
“It is therefore the right and opportunity of every individual member to hear and to know what we are doing with our common resources.”
Cleopas also said the party’s national leadership had prioritised the allocation of funds to state chapters.
He assured the chapters that they would receive their due share in line with the party’s constitution and objectives.
The chairman further disclosed that the party’s reconciliation committee had visited different geopolitical zones to engage aggrieved aspirants ahead of the next election.
He urged members to put aside their differences and work together to ensure victory for NDC candidates across the country.
“We are on a rescue mission for our nation. It is either now or never,” Cleopas said.
‘Peter Obi Is The Next President’ – NDC Chairman Declares
The NDC chairman expressed confidence that the party would win the 2027 presidential election, declaring that its presidential candidate, Peter Obi, and running mate, Rabiu Musa Kwankwaso, would emerge as president and vice-president, respectively.
He urged party members not to doubt the party’s chances, insisting that it had the support needed to win the election.
“And as I said somewhere else, this is not the time for doubters. This is not the time for people to say, they have already reached a result, for where? This is not the time for people to say, will we succeed?
“No. We are succeeding. We are taking over the government. We are forming a government. Peter Obi is the next president of this country.
“Rabiu Kwankwaso is the next vice president of this country. How? By legitimately winning the popular votes of this country. And we know we have the votes,” he said.
The meeting was attended by Obi, the NDC presidential candidate; Kwankwaso, the vice-presidential candidate; Seriake Dickson, the party’s national leader; members of the National Working Committee; and other party leaders.
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