Abuja - The national leadership of the Peoples Democratic Party (PDP) has admitted that the party is broke, reports Punch.
The party said it is broke that it can no longer get money to complete its multi-billion naira new national secretariat.
The new secretariat is situated at the Central Business District, Abuja.
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It was gathered that the project was billed to cost N11.5bn when it was awarded some years ago.
Upon completion, the building will comprise 12 floors, including a parking space in two floors.
Checks at the building site lately show that there was no serious work going on there.
Contractors handling the project were only doing skeletal jobs at the site.
The National Publicity Secretary of the party, Olisa Metuh, said the hope of completing the secretariat lies on the party's ability to secure the services of a developer that would handle it, with an agreement on how it would recoup its money.
Read more at Punch.
- News 24