Naira Rain As PDP Raises Billions For Jonathan
The Peoples Democratic Party (PDP) last night flexed
its financial muscle ahead of next year’s polls as
stakeholders poured in money for the prosecution of
the elections.
Donors at the fund raising ceremony held in Abuja
included the various sectors of the economy, PDP
governors, businessmen/women and organizations.
A prominent business woman Bola Shagaya and her
friends donated N5billion. An equal amount of
N5billion came from friends of Professor Jerry
Gana,chairman of the funds raising committee while
the 21 PDP governors gave N1.05billion, while those
who called themselves friends donated N3 billion.
Other high profile donors were construction sector
with N310m, transport N1 billion, real estate N4b, the
energy sector-N500million, PDP Rivers State
stakeholders-N50million.
Others were food and agriculture N5b, Cifex N10m,
power sector N500m , Shelter Development Limited
N250m, Emzor N50m, the NDDC governing board
N15m, auto sector N450m and PDP youth group
N50m.
Present at the event were President Goodluck
Jonathan, Vice President Namadi Sambo, Senate
President David Mark, House of Representatives
Deputy Speaker Emeka Ihedioha, PDP governors,
Ministers, PDP National Chairman Adamu Muazu and
the Chairman, Board of Trustees of the PDP, Chief
Antony Anenih.
The ceremony was still in progress at press time. The
huge donation according to the Electoral Act runs
foul of the law. Section 221 of the 1999 Constitution
prohibits a State Government from contributing to
the election expenses of any candidate or aspirant.
The Electoral Act Section 91 (90 of the Code of
conduct for Political Parties and Elections limits
individual donations and contributions to a
maximum of N1m.
Electoral Act, Section 91 of the Act criminalizes
contravention of limitation on election expenses. A
Presidential Candidate who knowingly contravenes it
is liable to a maximum fine of N1, 000,000.00 or
imprisonment for a period of12 months or both.
