The candidate of the African Democratic Congress (ADC) in the last Saturday Bye-Election organized by the Independent National Electoral Commission (INEC) in Ibadan North of the Oyo state, Dr Femi Dexter Akin-Alamu has put his total expenditure at an over N77M.
This disclosure by the candidate is considered outrageous especially by the Pharrell faction of the Obident associated to him and many other reasonable thinkers.
Also, the issues of non disclosure of the fund received from Mr. Peter Obi for the election and abysmal outing has been a concerned among many in the state who have become weary of the so called Obident group and their candidate who are known as cash and carry transactional politicians in the state.
The fund was said to have been facilitated by Dr. Yunusa Tanko and Aisah Yesufu.
Femi Dexter Akin-Alamu scored around eighty eight votes in the said election.
Bellow is the breakdown and acknowledgment of donations and expenditure as made public by the candidate:
 |
| Dexter |
*Campaign Financial Disclosure – Ibadan North, 2024/2025 Bye-Election*
In line with my earlier promise of transparency and full accountability, I am making a public disclosure of all funds received and expenses incurred during our campaign.
*Funds Received*
We received *₦11,400,000* in cash donations. We also received donations of campaign materials. Contributors include:
Dr. Michael Omuruyi
Dr. Kazeem Abidikugu
Dr. Kingsley Okundaye
Architect Folu Bademosi
Pastor Muyiwa Bamgbose
Mrs. Temitayo Ogunsanya
Hon. Casimir Biriyok
Dr. Kashim Imam
Hon. Bolanle Amina Sarumi (BASA)
Mrs Fadekemi Oni
*For the avoidance of doubt and to counter false rumours, I want to clearly state that I have never received a dime from His Excellency, Mr. Peter Obi — not during this election, nor during the 2023 general elections.*
*Campaign Expenditure*
Total campaign expenditure stood at *₦77,358,000*. Below is the breakdown:
Payment of Agents – ₦4,732,500
Payment of Canvassers – ₦962,800
Ward Exco Mobilization – ₦901,200
Political Groups Mobilization – ₦3,452,750
Individual Mobilization – ₦2,971,300
Transportation & Logistics – ₦1,894,600
Security – ₦1,862,400
Media (Radio, Online, Print) – ₦5,788,250
Rallies & Townhall Meetings – ₦6,934,800
Community Engagement & Welfare (foodstuffs, health outreaches, support packages) – ₦21,647,950
Printing (handbills, banners, fliers) – ₦2,182,400
Campaign Materials (caps, souvenirs) – ₦4,926,150
Staff Allowances & Operations – ₦14,771,900
Communication (calls, bulk SMS, data) – ₦3,299,500
Miscellaneous – ₦919,500
*Grand Total: ₦77,358,000
This is a full account of our campaign financing. Despite the outcome, our integrity remains intact. We will continue to stand for transparency, accountability, and the people.
Yours in the service of our nation,
Dr. Femi Dexter Akin-Alamu
No comments