Abuja - The two major political parties, the All Progressives Congress (APC) and Peoples Democratic Party (PDP) spent a whopping N11.6bn on the 2015 presidential election campaigns, reports National Mirror.
In a report release on Tuesday by a civil society group, Centre for Social Justice (CSJ), the PDP spent the highest amount with N8.75bn, representing 75 per cent, while APC spent N2.91bn on its presidential candidate.
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However, despite spending heavily on its campaign, PDP and its candidate, former President Goodluck Jonathan, were defeated by APC’s Muhammadu Buhari.
Presenting the report in Abuja, the Lead Director of CSJ, Eze Onyekpere, said PDP spent N1.28bn on campaigns and rallies while APC spent N671.06m.
For billboards, he said PDP spent N473.16 million, APC N190.38 million; while N532.1 million and N410 million was spent by the PDP and APC respectively on electronic media campaign
For electronic media advertisement the PDP spent N3.98bn and APC N1.06bn while for print media campaign, the PDP spent N2.47bn and APC N579.6 million.
Read more at National Mirror.
- News 24