VIDEO: Stakeholders Protest as Farmers donate N1.7bn to Buhari’s re-election campaign
Farmers under the aegis of Rice Farmers Association of Nigeria and the Fertilizers Producers and Suppliers Association of Nigeria have donated a whooping sum of N1.7bn towards the re-election of President Muhammadu Buhari.
The donations was made by the farmers during a gala night organised by beneficiaries of the government’s Anchor Borrowers Programme, which held at the Presidential Villa, Abuja, on Wednesday night.
Aminu Goronyo, the President of RIFAN said the 12.2 million members of the association would make a donation of N100 each which translates to N1.2 billion.
Goronyo said the group was motivated by Buhari’s “commitments and favourable policies to agriculture,”
On its part, FEPSAN said N570 million out of the N120 billion it generated from fertiliser subsidy in two years.
According to the Electoral Act 2010 (as amended), no individual shall donate more than N1m to any aspirant or candidate.
Section 91 of the Electoral Act further states that a presidential candidate can spend a maximum amount of N1bn.
The law also recommends a fine of N1m or a prison term of 12 months or both for any candidate that breaches the provisions of the Act.
In a video interview with a key stakeholder in the farming industry recently, ForeTVNews uncovered the challenges bedeviling the sector, and also exposed some shady dealings going on in the industry.
WATCH VIDEO :
LONDON: Kemp House, 152 – 160 City Road, London EC1V 2NX, United Kingdom. Tel: +44 208 123 1926
LAGOS: Tel: +2348143001476
Follow on Twitter: @foretvnews