Peter Obi, the Labour Party’s presidential candidate for the 2023 election, has revealed that his Obi/Baba-Ahmed Presidential Campaign Organisation spent over N744,500,000.00 on legal fees related to the election. The organization also received donations totaling N595,976,994.00 from well-meaning Nigerians.

Aisha Yesufu, the Chairman of the Fundraising Team of the Campaign Organisation, presented a report on the fundraising activities and emphasized the importance of accountability and transparency. She thanked everyone who contributed to the campaign and provided a detailed breakdown of how the funds were utilized.

The expenses and activities are:

– Donations: N595,976,994.00 from citizens and N800,000,000 from Peter Obi.

– Strategic Blueprint: Designed to channel support for Peter Obi and Datti Ahmed through various support groups, reaching over 11 million people.

– Campaign Materials: Procured and distributed materials worth N258,374,330 across 36 states and Abuja.

– Media and Radio Broadcasting: Cost of N16,432,867.

– Election Promotion Expenses: N10,808,948.

– Polling Unit Agents: Expenditure of N324,381,700.

– Bank Charges: N1,750,544.

– Administrative Charges: N477,000.

– Legal Expenses: Utilized N744,500,000 for covering legal matters.

– Campaign and Election Activities: Spent over N28,500,000.

Yesufu highlighted the strategic use of funds, focusing on community outreach, social media, and radio stations due to financial constraints. The report aims to demonstrate transparency and how the campaign funds were allocated for various activities and expenses.