Home / Politics / PDP Spent ₦810Bln ($3bn) From Government Treasury On 2015 Elections- Obasanjo

PDP Spent ₦810Bln ($3bn) From Government Treasury On 2015 Elections- Obasanjo

Former president, Olusegun Obasanjo, has alleged that the People’s Democratic Party (PDP) used $3 billion from the  government treasury to fund its campaign in the 2015 general elections.

Obasanjo, who had been president between 1999 and 2007 on the platform of the PDP, made this claim while speaking at a media conference on Thursday, May 10, 2018.

While speaking, he explained his former party had’directly or indirectly’used money from government treasury to run the 2015 elections which then-president, Goodluck Jonathan, eventually lost to President Muhammadu Buhari of the All Progressives Congress (APC) by over 2 million votes.

He said, “Concluding my point on corruption in politics particularly at the primary elections level, there must be strict control of campaign funding and transparent accounting by the Independent National Electoral Commission (INEC) of all funds contributed and all funds utilised by individuals and political parties for campaigns.

“I was shocked when an insider in the PDP told me that the amount of money the party used for 2015 elections would be in the neighbourhood of $3 billion. It was all directly or indirectly from the government treasury.”

At the press conference, the former president announced that his Coalition for Nigeria Movement is adopting the African Democratic Congress (ADC) as its political platform to bring about desirable change in governance in the country.

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