NDC Discloses N8.5bn Income, N2.4bn Spending in Seven Months.
The party presented the financial figures at its National Executive Committee (NEC) meeting in Abuja, where its National Chairman, Senator Moses Cleopas, said the disclosure was intended to promote transparency and accountability in the management of the party’s resources ahead of its first anniversary.
The NEC Meeting was attended by the National Leader of the party, Senator Henry Seriake Dickson; the Presidential Candidate of the party, Mr.
Peter Obi; his Vice, Senator Rabiu Musa Kwankwaso; serving and former members of the National Assembly and other notable leaders of the party, among others.
Cleopas said the party decided to account for its finances before the statutory deadline for submitting its audited accounts to the relevant government institutions, insisting that members had a right to know how funds entrusted to their leaders were being managed. He said the decision was not prompted by allegations or criticisms on social media but reflected the party’s commitment to accountability and responsible leadership. According to him, the party’s leadership considered it necessary to provide members with an early account of its financial position, even though the NDC had yet to complete its first year of operation. He said, “One of the critical instruments that destroys leadership or communal living, as I have been taught, is the management of public funds.
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