MUST READ: APC In Financial Trouble!

The All Progressive Congress (APC) is alleged to be facing financial difficulties due to the rescheduling of the 2015 general elections.

According to Punch, the party is now looking at more cost effective ways of organising campaigns and rallies so as to manage its lean budget.

Although the APC has yet to admit it, the shift in the date of the polls has eaten deep into its finances. Findings by Punch yesterday, February 24, revealed that the party had adopted other less capital-intensive campaign strategies to deal with the financial challenge.

The APC campaigns had been running on the goodwill of supporters who have been making donations of logistics support rather than of cash, to avoid falling foul of anti-graft agencies.

A member of the party’s Board of Trustees, Dr Ogbonnaya Onu, has, however, dismissed suggestions that the party had run into financial trouble.

He explained that contrary to reports in some quarters, the APC, unlike other political parties, had been transformed into a political movement.

He said: “The APC is not just a political party, it is a movement. That is why people are contributing and our strength is not in the amount of money that we have, our strength is in the number of Nigerians who want change. For as long as this desire is there, there will be change.”

The director of media and information technology of the Buhari Support Organisation, Dr Chidia Maduekwe, also rebuffed reports that the party is broke.

He said: “Our crowd-funding platform is still active and we are still receiving in flows from there; nothing has stopped. In any case, I wonder why anybody will say our campaign has been worst hit by the polls shift because of finance”.

Maduekwe, however, alleged that the ruling party was helping itself to public funds which it was using to assault the sensibilities of traumatised Nigerians. He said the APC would never do so.

With four weeks to the presidential elections , President Jonathan of the PDP and the presidential aspirant of the  APC, Gen Buhari, have been busy campaigning the length and breadth of the country. They both, however, have taken time out to  congratulate the former president, Alhaji Shehu Shagari, on his 90th birthday.

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