Labour Party Chairman asked to account for N3.5bn

Labour Party’s national chairman, Julius Abure has been asked to account for the party’s finances.

The finances amount to over N3.5 billion, derived from form sales and other fundraising activities for the 2023 general elections. 

Speaking at a news briefing in Abuja on Monday, February 12, the party’s national treasurer Mrs. Oluchi Oparah said she is unable to fulfill her legally mandated duty of managing the party’s finances due to the alleged actions of the national chairman.

Oparah said; 

“Good morning, ladies and gentlemen of the press. I stand before you today with a heavy heart and a sense of duty to the principles of transparency, accountability, and justice. With great reluctance and deep concern, I am compelled to publicly address the media regarding the egregious financial mismanagement and corruption that have plagued our beloved party under the leadership of Mr Julius Abure, the current National Chairman.

“As national treasurer, I am constrained to come before you and the public today because the internal mechanisms of our party have failed woefully to bring Mr. Abure to account for his brazen abuse of office and misappropriation of party funds.

“His appetite for power has grown unchecked, and he has deliberately undermined my duties and authority as stipulated in the party’s constitution.”