Labour Party National Treasurer Oluchi Opara has raised concerns about the transparency and handling of approximately N3.5 billion in party funds by Julius Abure, the chairman of the party.
Opara made his concerns public during a press conference in Abuja on Monday. She revealed that the funds in question were generated through the sale of forms and various fundraising activities for the upcoming 2023 general elections in the country.
Opara said, “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.”
In response to the party treasurer’s position, the Labour Party has strongly denied the allegations, calling them malicious. They claim that Oparah, who read out a statement, was influenced by external forces and that the statement was fabricated by critics to damage the party’s reputation.
