Donate Now Members Portal
Abundant Nigeria Renewal Party  Logo

NEWS & EVENTS


APC Budget 2018: Who Really is Funding it?

Added : Tue Mar 6, 2018 @ 22:46:54 || Read by 117 Visitor(s)

APC Budget 2018: Who Really is Funding it?

ABUJA, 3 March 2018 -- 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 longsuffering 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.
 
 
Sesugh Akume 
National Spokesman
 
Office Telephone: 09064796674 (9 am - 5 pm week days)
@AbundantNigeria

Latest News & Events


  • List Of Looters: ANRP Asks FG To Stop Taking Nigerians For Granted

    List Of Looters: ANRP Asks FG To Stop Taking Nigerians For Granted

    ABUJA, 31 March 2018 -- Abundant Nigeria Renewal Party (ANRP) has denounced the manner in which the Federal Government led by the APC has consistently trivialised the weighty matter of theft, embezzlement, and mismanagement of public funds, and instead of taking responsible steps at curtailing such as well as ensuring serious consequences for offenders, sees it as avenue for politicking. ANRP has also asked the APC-Buhari administration to stop taking Nigerians for granted. Yesterda

    Read more...

  • ANRP Rejects Oppressive, Cut-Throat Revenue Drive And Crony Capitalism In Lagos State

    ANRP Rejects Oppressive, Cut-Throat Revenue Drive And Crony Capitalism In Lagos State

    ABUJA, 18 March 2018 -- Abundant Nigeria Renewal Party (ANRP) at the weekend in the strongest terms expressed her aversion to oppressive laws that squeeze life out of already impoverished citizens; the inversion of the essence to governance from the collective good for all citizens to a plutocracy that favours a tiny clique, their families, friends, and associates; and converting public property and s

    Read more...

  • ANRP Responds To Revelations Of The Spendthrift And Prodigal National Assembly

    ANRP Responds To Revelations Of The Spendthrift And Prodigal National Assembly

    ABUJA, 14 March 2018 -- Abundant Nigeria Renewal Party (ANRP) is aghast at the revelation emerging from the Nigerian Senate that each of the 109 members is paid 13.5 million naira monthly as 'running costs' amounting to at least 1.472 billion monthly, aside from the legitimate Senator's monthly pay of 750,000 naira.This officially confirms the Nigerian Senate, nay the National Assembly as the most expensive, mos

    Read more...

  • ANRP Launches A One Billion Naira Fundraising Drive

    ANRP Launches A One Billion Naira Fundraising Drive

    ABUJA, 14 March 2018 -- Abundant Nigeria Renewal Party (ANRP) on Monday launched a bold campaign to raise 1 billion naira to effectively carry out her activities ahead of the 2019 general election. Tope Fasua, National Chairman in a passionate and inspiring  partywide communication explained that having accom

    Read more...

  • ANRP Opposes Deal For The UK To Build A Prison In Nigeria At £700,000

    ANRP Opposes Deal For The UK To Build A Prison In Nigeria At £700,000

    ABUJA, 11 March 2018 – Abundant Nigeria Renewal Party (ANRP) is against the move by the United Kingdom to build a 112-bed wing at the Kirikiri Maximum Prison at the cost of £700,000 in order to transfer Nigerian inmates serving terms in UK prisons there.   The outgone PDP administration had on 10 January 2014 signed an agreement for transfer of prisoners be

    Read more...

  • International Women’s Day 2018

    International Women’s Day 2018

    ABUJA, 8 March, 2018 -- Abundant Nigeria Renewal Party (ANRP) joins the Nigerian and the international community at large to celebrate 'Our Own' women today as we mark the 107th International Women's Day.      The first National Woman's Day was observed in the United States on 28 February, 1909. The Socialist Party of America desi

    Read more...

  • ANRP, Nigeria's Leading Opposition Party Organises To Rescue The Nation

    ANRP, Nigeria's Leading Opposition Party Organises To Rescue The Nation

    ABUJA, 17 February 2018 -- Abundant Nigeria Renewal Party (ANRP) Nigeria's only credible alternative is ready and willing to rescue the nation from the social, economic, political, and moral impasse; to arrest the perennial slide to the abyss, and to commence the arduous task of nation building, having elected a formidable National Working Committee (NWC) at the party's first post-registration Congress held at Eagle Square Abuja today thus:  

    Read more...

  • ANRP Commiserates With Families Of Dapchi Schoolgirls, Tasks The APC Government To Avoid A Repeat Of Errors.

    ANRP Commiserates With Families Of Dapchi Schoolgirls, Tasks The APC Government To Avoid A Repeat Of Errors.

    ABUJA, 23 February 2018 -- Abundant Nigeria Renewal Party (ANRP) expresses deep concern and empathy on the incidence with schoolgirls of Government Girls Science Technical College, Dapchi, Yobe State, missing since the evening of Monday this week, 19 February.   Our Party, ANRP is dismayed that the APC government at the federal and state levels are repeating the very same errors of the outgone PDP administration, indicating t

    Read more...

  • Dapchi Schoolgirls Abduction: Are We A Nation Of No Consequences?

    Dapchi Schoolgirls Abduction: Are We A Nation Of No Consequences?

    ABUJA, 24 February 2018 -- Abundant Nigeria Renewal Party (ANRP) urged the APC administration to avoid a repeat of the errors of the PDP Administration in the Chibok girls abduction  with the abduction of our Dapchi schoolgirls, as preliminary evidence showed that all the errors were being repeated exactly.   President Muhammadu Buhari in his response later the same day said, 'The entire country stands as one with th

    Read more...

  • APC Budget 2018: Who Really Is Funding It?

    APC Budget 2018: Who Really Is Funding It?

    ABUJA, 3 March 2018 -- 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

    Read more...

  • ANRP, Nigeria's Leading Opposition Party Organises To Rescue The Nation

    ANRP, Nigeria's Leading Opposition Party Organises To Rescue The Nation

    ABUJA, 17 February 2018 -- Abundant Nigeria Renewal Party (ANRP) Nigeria's only credible alternative is ready and willing to rescue the nation from the social, economic, political, and moral impasse; to arrest the perennial slide to the abyss, and to commence the arduous task of nation building, having elected a formidable National Working Committee (NWC) at the party's first post-registration Congress held at Eagle Square Abuja today thus: 1. National Chairman: Tope Fasua - Ondo St

    Read more...

  • ANRP HOLDS 1ST NATIONAL CONGRESS - EAGLE SQUARE ABUJA. 17TH FEB 2018

    ANRP HOLDS 1ST NATIONAL CONGRESS - EAGLE SQUARE ABUJA. 17TH FEB 2018

    Your party, ANRP held its 1st National Congress as Scheduled. All went well. We tested the OPTION A4 voting. It was glorious. We shall be uploading pictures and videos. Please check our gallery

    Read more...

JOIN US


Download the ANRP interactive mobile app for your device

Copyright © Abundant Nigeria Renewal Party

Ynet Interactive