APC encouraging looting with N100m presidential nomination form

APC encouraging looting with N100m presidential nomination form – Adeyanju

The All Progressives Congress, APC, has been criticized over the cost of its nomination forms.

Deji Adeyanju, an Abuja-based activist lawyer, said the APC would encourage looting and corruption
with the Presidential ticket costing N100 million.

The party had pegged its nomination forms at N100M for the president, Senate at N20 million and governorship forms at N50 million.

Adeyanju said APC flag bearers in the 2023 general elections would loot and not serve.

Chatting with DAILY POST, the activist wondered what happened to the change APC promised Nigerians in 2015.

According to Adeyanju: “APC fees for Nomination Forms are outrageous and will encourage corruption. It is unreasonable to charge, “Senate – N20M; Governorship – N50M; Presidential – N100M.

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Nigerian exchange rate policy has been changing since the introduction of the Naira as the official Nigerian currency. For instance, the U.S. Dollar to Naira exchange rate was N0.658 in 1972. Timeline of Dollar to Naira Exchange Rate from 1972 to 2023 Kindly note that the US to Naira black market exchange rate is completely different from the rate. In this post, we rely on the official rate (CBN rate) which has now metamorphosed into Importers’ and Exporters’ Window, following the FX unification. For simplicity, InfomediaNG divided the year under review into four as follows: 1. 1972 to 1983 2. 1984 to 1998 3. 1999 to 2015 and 4. 2015 to 2023 So, let’s get started! Dollar to Naira exchange rate between 1972 to 1983 From below you can see that one US dollar was N0.658 in Nigeria in 1972, that’s two years after the end of the Civil War. 1972: $1 = N0.658 1973: $1 = N0.658 1974: $1 = N0.63 1975: $1 = N0.616 1976: $1 = N0.62 1977: $1 = N0.647 1978: $1 = N0.606 ...

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