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With over N30bn from Sale of Forms, APC Gets Firepower for 2023 Elections

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By Derrick Bangura
A conservative estimate by THISDAY has shown that the All Progressives Congress (APC) may rake in over N30 billion from the sale of nomination and expression of interest forms, giving the ruling party enormous firepower to face the 2023 general election.

“With a huge war chest expected from sale of forms, the ruling party will have a commanding advantage in the field if the resources are properly deployed,” a political analyst, who preferred anonymity, told THISDAY Wednesday night.
The presidential nomination form in APC goes for N100 million; the governorship form is sold for N50 million; Senate, N20 million; House of Representatives, N10 million; and House of Assembly, N2 million.

A rundown on the expected revenue from the electoral process shows APC may generate over N2.3 billion from the sale of presidential forms; N2.8 billion from the sale of governorship forms; and roughly N6.54 billion from the sale of senatorial forms. The party could make about N10.8 billion from the sale of forms to a minimum of three House of Representatives aspirants from each of the country’s 360 federal constituencies. And it could generate about N7.93 billion from the sale of forms to a minimum of four aspirants vying for each of the 991 House of Assembly seats across the country.

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THISDAY arrived at these estimates looking at the number of likely contestants in the various categories of elective offices.

So far, 23 presidential aspirants have indicated interest in the presidency under the ruling party and APC is expected to generate N2.3 billion from the sale of presidential forms. As more contenders join the race or drop out of the race, the figures would either go up or come down.

With governorship elections holding in 28 states next year, THISDAY estimated that there would be at least two aspirants from each of the states, and at N50 million per aspirant, the party stood to rake in N2.8 billion.

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For the Senate, there are 109 senatorial seats in the country, and with at least three aspirants from each senatorial district, and forms going for N20 million, the party may rake in N6.54 billion. The 360 House of Representatives seats, with an estimated three aspirants per federal constituency, and the form going for N10 million, give the party about N10.8 billion.

In addition, with an estimated four people picking nomination forms to contest in the primary election for each of the 991 House of Assembly seats, at N2 million per form, APC is likely to rake in N7.93 billion.

Those that have either indicated interest in contesting the APC presidential primaries or picked their forms include the vice president, Professor Yemi Osinbajo, Asiwaju Bola Tinubu, Governor Kayode Fayemi of Ekiti State, Governor Yahaya Bello of Kogi State, Governor David Umahi of Ebonyi State, Governor Muhammed Abubakar of Jigawa State, Governor Ben Ayade of Cross River State, Senator Rochas Okorocha, and former Senate President Ken Nnamani.

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Others are former National Chairman of APC, Adams Oshiohmole; former Governor of Ogun State, Senator Ibikunle Amosun; Minister of Transportation, Rt. Hon. Chibuike Amaechi; Minister of Labour and Employment, Dr. Chris Ngige; Minister of Science and Technology, Dr, Ogbonnaya Onu; Minister of Niger Delta, Senator Godswill Akpabio; Senate President, Dr. Ahmed Lawan; Minister of State for Education, Chukwuemeka Nwajiuba; Gbenga Olawepo; Ihechukwu Dallas; Chima Usman; Tein Jack Rich; and Pastor Tunde Bakare.

Political analysts believe with the ruling party raking in over N30 billion, it would be going into the election from a position of strength against the main opposition Peoples Democratic Party (PDP), which is working hard to take power from APC.

National Chairman of APC, Senator Abdullahi Adamu, recently justified the high cost of the party’s nominations forms, saying the party has no regrets whatsoever fixing the presidential form for N100 million. Adamu explained that APC came up with the idea to discourage spoilers and unserious contenders from the race.

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He said the party did its homework before arriving at the amount, adding that the cost has to be high because of the need to raise sufficient funds to conduct primaries and successfully prosecute the coming elections.

Adamu said the party was aware that some of the aspirants were not serious contenders but mere jesters out to cause problems.

A source told THISDAY that about 50 per cent of the presidential aspirants might have paid the mandatory fees and collected the forms, while others were believed to be looking for money to beat the deadlines.

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The party had in a statement by its National Publicity Secretary, Felix Morka, extended the time for the sale of expression of interest and nomination forms for the 2023 general election to May 10 due to what an insider attributed to the “long holiday.”

In a revised timetable released by the party’s National Organising Secretary, Sulaiman Argungu, APC said the last day for the submission of completed forms and accompanying documents would now be May 11.

The Jigawa State governor was said to have told APC stakeholders in Dutse on Tuesday, “I will join the presidential race since everyone knows I’m a highly qualified person to do the job.” He reportedly said he was pressurised to contest for the presidential office by his colleagues.

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There are also indications that the Kebbi State governor, Atiku Bagudu, may declare his interest in the presidency and pick his form soon.

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NCBN, OISD Seek Strategic Partnership with ASR Africa

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NCBN, OISD Seek Strategic Partnership with ASR Africa

By Matthew Eloyi

The Managing Director and Chief Executive Officer of the Nigeria Customs Broadcasting Network (NCBN), Mr. Jamilu Yusuf, has led a delegation on a courtesy visit to the Managing Director of the Abdul Samad Rabiu Africa Initiative (ASR Africa), Dr. Ubon Udoh, to explore areas of mutual collaboration.

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Mr. Yusuf, who also serves as the Executive Director of the Organisation for Innovation and Sustainable Development (OISD), commended ASR Africa for its transformational impact in critical sectors such as education, healthcare, social development, and institutional strengthening across Nigeria and the African continent.

He highlighted NCBN’s commitment to promoting institutions and initiatives that drive sustainable development, noting that a strategic communication partnership with ASR Africa would help amplify the organisation’s achievements and further inspire positive change.

Mr. Yusuf also proposed a collaboration between OISD and ASR Africa in areas including education, digital literacy, and economic empowerment, aligning with both organisations’ shared vision for inclusive growth and capacity building.

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In response, Dr. Udoh welcomed the partnership proposals, expressing ASR Africa’s readiness to collaborate with NCBN on strategic communication initiatives. He also affirmed the initiative’s interest in working with OISD on education empowerment programmes.

Dr. Udoh further used the occasion to congratulate the Comptroller-General of Customs, Bashir Adewale Adeniyi, on his recent election as the Chairperson of the World Customs Organisation (WCO), describing the achievement as a testament to Nigeria’s growing influence in global customs administration.

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Akpabio Hails Okpebholo’s Supreme Court Victory, Calls It Triumph of Democracy

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Akpabio

President of the Senate, Godswill Akpabio, has congratulated Governor Monday Okpebholo on his affirmation as the duly elected governor of Edo State by the Supreme Court, describing the ruling as a “triumph of democracy and the will of the people.”

Akpabio, in a statement personally signed and released on Friday in Abuja, applauded the apex court’s decision, saying it validated the mandate freely given to Okpebholo in the September 2024 gubernatorial election.

“What the apex court in the land has done is to affirm the will and wishes of the overwhelming majority of the people of Edo State. It shows that the election was transparent, free and fair,” Akpabio stated.

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He added that, “The declaration by the Supreme Court in favour of Sen. Okpebholo against Mr Asue Ighodalo of the Peoples Democratic Party (PDP) has proven that elections are won at the ballot and by people who have identified with the grassroots.”

The Senate President said the judgment reaffirms the strength of Nigeria’s democratic institutions and the popularity of the All Progressives Congress (APC) in Edo State.

“This judgment has again reaffirmed the fact that democracy is at play and the people of Edo have wholeheartedly embraced the All Progressives Congress (APC) and popularly elected their preferred choice of Senator Okpebholo as their governor,” he said.

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According to Akpabio, the ruling not only confirms Okpebholo’s mandate but also “paves the way for him to continue delivering exceptional service to the good people of Edo.”

He praised the governor’s performance in the past seven months, expressing confidence in his capacity to deliver more during his four-year tenure.

“My distinguished brother, His Excellency Senator Monday Okpebholo, on behalf of my family and constituents, the Senate of the Federal Republic of Nigeria, I extend my warmest congratulations to you and the wonderful people of Edo on this landmark victory at the Supreme Court.

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“I wish you success and I assure you of the Senate’s support and collaboration in ensuring the state’s progress and development.

“Congratulations once again, Gov Okpebholo. I look forward to a robust working relationship with you,” Akpabio added.

In a unanimous decision, a five-member panel of the Supreme Court led by Justice Mohammed Garba dismissed the appeal filed by the PDP candidate, Mr Asue Ighodalo, for lacking merit.

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The apex court upheld the earlier rulings of the Court of Appeal and the Edo State Governorship Election Petition Tribunal, both of which declared Okpebholo of the APC as the valid winner of the election.

The court ruled that the appellant failed to provide credible and admissible evidence to support claims of electoral malpractice, including over-voting and substantial non-compliance with the Electoral Act.

It further held that the PDP candidate failed to call relevant witnesses to back up some of the evidence he tendered, particularly those involving the Bimodal Voter Accreditation System (BVAS).

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Some of the documents presented, the court noted, were simply “dumped” on the tribunal without demonstrating the alleged irregularities in 432 of the 4,519 polling units across the state.

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Education

NELFUND Begins Upkeep Payments to Over 3,600 Students After Bank Detail Update

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NELFUND Disburses Over N20bn in Student Loans, Assures Transparency

The Nigerian Education Loan Fund (NELFUND) has commenced the disbursement of upkeep payments to students who successfully updated their bank account details from digital wallets to commercial bank accounts.

This was announced in a statement released on Friday in Abuja by the Director of Strategic Communications of the Fund, Mrs. Oseyemi Oluwatuyi.

Oluwatuyi described the development as a significant breakthrough in addressing earlier disbursement delays.

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“Over 3,600 students, who previously registered with digital-only banking platforms, have now successfully received their backlog of upkeep payments after updating their details to conventional commercial bank accounts on the NELFUND portal,” she stated.

“We appreciate the patience and understanding of all affected students during this period. Your resilience and cooperation have made this progress possible,” she added.

The NELFUND spokesperson advised students who have yet to update their bank details to raise a support ticket via the official NELFUND portal to request access for the update.

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She further urged affected students to report through the IT office of their respective institutions, which would compile and forward all related cases to NELFUND for prompt resolution.

“NELFUND remains committed to ensuring that no eligible student is left behind. This resolution process is part of our broader effort to enhance the efficiency, transparency, and student-centered delivery of our support services,” she said.

Oluwatuyi encouraged students to continue engaging only through official NELFUND channels and to assist their peers who may need help navigating the update process.

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She also provided contact options for inquiries, stating that the fund can be reached via email at info@nelf.gov.ng or through its official social media handles: X (formerly Twitter) @nelfund; Instagram @nelfund; and Facebook & LinkedIn: Nigerian Education Loan Fund – NELFUND.

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