LP Treasurer Accuses Chairman of Financial Mismanagement Regarding Party Funds Totaling Over N3.5 billion

A new crisis has emerged in the Labour Party (LP) as the party’s National Treasurer, Mrs Oluchi Oparah, has demanded accountability from the National Chairman, Julius Abure, regarding party funds totaling over N3.5 billion. Oparah made this demand at a press conference in Abuja on Monday, where she alleged that Abure had prevented her from fulfilling her constitutionally assigned role of managing the party’s finances.

Oparah claimed that despite repeated requests, Abure has refused to open the party’s books for scrutiny, particularly concerning the proceeds from the sale of expression of interest and nomination forms for the 2023 general elections. She expressed concern over what she described as “egregious financial mismanagement and corruption” within the party under Abure’s leadership.

In her address to the press, Oparah stated, “I stand before you today with a heavy heart and a sense of duty to the principles of transparency, accountability, and justice. 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.”

She further added, “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.”

The conflict between Oparah and Abure highlights growing tensions within the LP, raising questions about the party’s financial management and internal governance. It remains to be seen how the party will address these allegations and whether they will impact its standing ahead of future elections.

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