Connect with us

Politics

APC makes N16.47bn from sales of presidential, guber, Senate forms

Published

on

Calculations by Ripples Nigeria has shown that the All Progressives Congress (APC) made about N16.47 billion from the sales of nomination and expression of interest forms for Presidential, Governorship, and Senate aspirants.

Ripples Nigeria arrived at these estimates by looking at the number of aspirants revealed by Felix Morka, National Publicity Secretary of APC ahead of the party’s primaries.

Speaking on Arise TV on Thursday, Morka revealed that 28 politicians picked the party’s presidential form, 133 aspirants picked the governorship forms, and 351 paid for Senate forms.

The presidential nomination form in APC goes for N100 million; the governorship form is sold for N50 million while the Senate form goes for N20 million.

Read also: Coalition picks N100m APC form for AfDB president, Adesina

For the Presidential firms the 28 aspirants would have netted the party a total of N2.8 billion.

Morka however stated that only 25 applicants had submitted their forms at the time of speaking.

The governorship form, which costs N50 million, brought in N6.65 billion, while senate candidates paid N7.02 billion, according to statistics provided by the party’s spokesman.

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now

Investigations