Though it is in a public domain but in a recent investigative report by ThePressman Newspaper crew, it has been confirmed that the Imo State chapter of the All Progressives Congress (APC) has amassed a staggering sum of ₦1,459,000,000 through the sale of Expression of Interest and Nomination Forms.
₦1,459,000,000 (One billion, four hundred fifty-nine million naira).
This impressive sum reflects the high level of interest and investment from prospective candidates vying for positions within the party.
The breakdown of this amount is as follows: For the chairmanship positions, 213 aspirants purchased forms at ₦3,000,000 each, totaling ₦639,000,000.
Meanwhile, 820 candidates for the councilorship positions acquired forms priced at ₦1,000,000 each, amounting to ₦820,000,000.
The combined total from these sales comes to ₦1,459,000,000.
Despite the significant revenue generated, the excitement among the aspirants has been overshadowed by recent developments.
Governor Hope Uzodimma, the apex leader of Imo APC, has announced a shift to a consensus method for selecting candidates.
This decision has prompted frustration and disappointment among many aspirants who were hoping for a more democratic primary process based on popular support rather than internal party consensus.
The considerable funds raised underscore the financial impact of the party’s candidate selection process, as well as the substantial interest in political positions within Imo State.
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