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Presidential candidate of the African Action Congress (AAC) in the 2023 general elections, Omoyele Sowore, through his campaign committee, the Sowore Political Action Committee (SPAC), has released final breakdown of the 2023 Presidential election campaign donations, including sources of funding and expenditures.
In a statement signed by the National Publicity Secretary of AAC, Femi Adeyeye, the party said that the action was “in line with the best campaign practice and the spirit of accountability as we hold dear in the African Action Congress (AAC)”.
The Street Reporters Newspaper reports that the committee gave monthly updates during the campaign and this is not the first time the Committee will be releasing a breakdown such as this.
In 2019, the AAC candidate also released a complete breakdown of campaign expenses, the first recorded in the history of electioneering campaign in Nigeria’s history.
The Sowore Presidential Campaign Organization had in a novel manner at the time released detailed accounts of money received and spent, which was published on major dailies in the country.
A summary of the income and expenses showed a total cash inflow of N40, 145, 674.53 and a total expenditure to the tune of N40, 193, 546.03, leaving a deficit of N46, 871.50.
As at March 31, 2023, the party’s account balance in the bank is N90, 101.31 after offsetting the campaign deficit of N46, 871.50 from N136, 972.71 initial bank balance. 
The party explained that “asides monetary contribution, we cannot quantify the human resources put into the campaign from Nigerians who supported us day and night. Those who stood their ground and gave their time to toeing the path of honour and integrity. We can not thank you all enough.”
Challenging other presidential candidates and their political parties, the statement said, “the Campaign Organization also seizes this medium to challenge other Presidential candidates including the one who was sworn in, to release their campaign financials, that’s if any books were kept at all.
“We sincerely hope that those in particular who sought public donations during the campaign season will also show to Nigerians the donations they got from the campaign donors across Nigeria and beyond.
“We can’t have a clean leadership recruitment process in this country with people who shroud their campaign spending in secrecy.
“We believe that those who can’t keep books of campaign expenses and transparently account for the expenses incurred can’t run a country like Nigeria properly”, the statement noted.
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