APC Targets N1.2bn Monthly from Members

The leadership of the ruling All Progressives Congress in Nigeria is looking forward to raising massive funds through internal
mechanisms in the party.

The All Progressives Congress is putting finishing touches to plans to raise an average of N1.2bn monthly from its 12 million registered members.

It was gathered in Abuja, on Thursday, that the party is finalising plans to enforce the
collection of a N100 monthly due from each member as part of efforts to increase its revenue.

As part of the plan, the party is to liaise with a telecoms provider who will work with the
party to deduct the sum from the mobile telephone members when they recharge their phones on a monthly basis.

Confirming this development, the party’s National Treasurer, Alhaji Ibrahim Gwagwarwa, explained that “a software has already been designed” to make this initiative a reality.

It was learnt that the party’s National Executive Committee had approved the initiative which was part of discussions at the last meeting held between the NWC and the governors on the party platform.

Gwagwarwa also said the party would look at the financial commitment of party members seeking to fly the party’s flag in
considering those eligible to contest elective positions as stipulated in the party’s constitution.

He said, “The party would look at the financial record of anybody who wants anything from the party in the system and only those who make financial contributions to the party would be considered.”

The project has yet to take off because of logistics challenges. A party source who confided in our correspondent said the
initiative had yet to get the buy in of other relevant stakeholders.

Attempts to get reactions from the party’s National Chairman, Chief John Odigie- Oyegun and the National Publicity Secretary,
Malam Bolaji Abdullahi, were unsuccessful as calls to their mobile telephones were neither
picked nor returned as at 8:30 pm.

The party’s constitution also permits it to receive donations from members as well as
sympathizers. There is also a levy for elected members of the party, under this arrangement, Senators and Ministers are expected to pay a monthly due of N100, 000
while members of the House of
Representatives will pay N70, 000.