Insight on how Peter Obi spent 744million on court cases

February 16, 2024 Wale Ponnle

The Obi-Datti Presidential Campaign Organization’s fundraising team has disclosed that Peter Obi, the Labour Party’s presidential candidate, spent a substantial amount of N744,500,000 on legal fees after losing the 2023 presidential race.

Aisha Yesufu, the fundraising team’s chairman, disclosed this information on Thursday during a news conference in Abuja, highlighting the significance of accountability and openness in political spending.

She described the campaign’s strategic design that was used which included community outreach, social media, radio stations, and support for more than 100 groups in Nigeria, as well as media-related activities that reached over 11 million people.

Yesufu clarified that polling unit agents were paid, with N324 million set aside for their mobilization, in contrast to stories implying otherwise.

Financial limitations, however, prevented the campaign from making full use of television advertisements. Rather, substantial sums were set aside for the purchase of campaign materials (N258,374,330), media costs, such as radio broadcasts (N16,432,867), and election advertising

The astounding amount of N744,500,000 was set aside to pay for legal defense costs against the election results.

“We deployed N744,500,000 to cover legal expenses and had N10,808,948 for election promotion expenses.” We appreciate all of the generous and monetary donations, she stated.

Together with the Labour Party, Obi, who received 6,101,533 votes to finish third in the All Progressives Congress’s Bola Tinubu’s February 25, 2023 presidential elections, challenged the results declared by the Independent National Electoral Commission.

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Wale Ponnle

A passionate writer of everything politics in Nigeria with the goal and purpose of bringing authentic information and unbiased news to everyone everywhere.

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