February 28, 2025

Julius Abure, the national chairman of the Labour Party, refuted reports that the organization was bankrupt and unable to support Peter Obi’s presidential campaign in 2023.

According to Channels TV, Abure claimed that Obi wouldn’t be able to finance his campaign on his own because he didn’t indulge in “gluttonic acquisition” when serving as governor of Anambra State from 2006 to 2014.

Part of his statement read, “At a well attended inauguration of the Labour Party Presidential Campaign Council in Abuja on Friday, I spoke extensively on the importance of campaign funding and the need for collaboration with stakeholders, particularly the candidates of the party at various levels.

“I also emphasised that our presidential candidate alone cannot fund the election as he is known to be someone who did not engage in the gluttonic acquisition of our common patrimony in his days as a public servant.

“However, the news making the round that I said that Labour Party is broke 24 hours to our campaign was reported out of context, hence the need to put the records straight.

“What I said is that presidential election is very expensive and the presidential candidate alone will not be able to shoulder all the expenses and that we will therefore be needing collaboration from all candidates of the party and all well-meaning Nigerians.

“Finally, I like to reiterate that Labour Party is not broke. We are not broke.

We only need support from stakeholders to be able to embark on the nationwide campaign, to be able to tell Nigerians how we will return Nigeria to its place of pride.”

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