Campaign Funding: APC To Raise N50Billion

Faced with difficulty of campaign funding, the All Progressives Congress, APC, is set to raise N50billion.

The party plans to raise N10billion from the general public through direct contribution, while N40billion will come from donations and contributions from the party's elected members including state governors.

According to VANGUARD, "at a meeting in Abuja of the APC hierarchy including some party EXCO members, some state chairmen, gubernatorial candidates and the presidential candidate, General Muhammed Buhari, it was decided, according to the source, that the party, with the window of opportunity provided by the Independent National Electoral Commission, INEC, should raise N10b from the general public."

"The APC ... is targeting another N10 billion from donations, while another N30 billion is to be raised from within the party made up of donations from state governors on the platform of the party, members in the National Assembly and state Houses of Assembly to make up a targeted N50 billion at the end of the day.

"The APC intends to use the method of distributing between five and ten thousand padlocked boxes (suitcases) across the wards and LGAs nation-wide.

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Sources: Newsbeat Portal, Vanguard
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