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Nairametrics
Home Business News Politics

APC fixes presidential nomination form at N100 million

Women entitled to free nomination forms but will pay for their expression of interest forms.

Chike Olisah by Chike Olisah
April 20, 2022
in Politics
APC fixes presidential nomination form at N100 million
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The ruling All Progressives Congress (APC) has fixed its presidential nomination and expression of interest forms at N100 million.

The expression of interest form for presidential aspirants is expected to go for N30 million while the nomination form is pegged at N70 million.

This, however, contrasts with the N40 million that the main opposition party, the Peoples Democratic Party (PDP) is charging its presidential aspirants, comprising N35 million for nomination forms and N5 million for expression of interest forms.

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This was disclosed by APC’s National Publicity Secretary, Felix Morka, while briefing journalists after the party’s 11th National Executive Committee (NEC) meeting which was held on Wednesday at Transcorp Hilton Abuja.

Similarly, Morka said that the nomination and expression of interest forms for those seeking the party’s ticket to contest the governorship election in their respective states will cost N50 million.

The other ratified prices for other elective positions include N20 million for senatorial aspirants, N10 million for House of Representative aspirants and N2 million for State Houses of Assembly aspirants.

Makes a U-turn on free forms for female aspirants

The APC in its emergency NEC meeting opposed the earlier announcement by the party’s national women leader, Betta Edu, that the women will get free forms.

Morka during the briefing said that women are entitled to free nomination forms but will pay for their expression of interest forms.

Bottom line

  • This is expected to draw a lot of criticism from Nigerians and other stakeholders as the development might pose serious danger to good governance, accountability and democracy as a whole.
  • Part of the argument is that these charges do not reflect the current economic reality in the country, especially considering the high poverty rate among Nigerians and the high cost of living in the country, and would definitely put a lot of restrictions on those willing to participate in the political process.
  • The political parties, especially the major ones, have in recent times formed the habit of charging very high amounts of money for their nomination and expression of interest forms.
  • The trend, which came into being at the advent of the Fourth Republic in 1999, has snowballed into a money-spinning venture for political parties in the country.

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Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

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Comments 1

  1. 9jaRealist says:
    April 24, 2022 at 4:53 am

    N100 million just to get forms to run for a public office, and some wonder why corruption thrives in Nigeria. Simple, aspirants (and/or their financiers) are making a MONETARY investment in the office they seek, and therefore will naturally expect MONETARY RETURNS therefrom. SMH

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