I Spent Over N70m On Election Campaigns – House Of Reps Spokesman
“As you know, the issue of the amount of money that is going to be spent by people who are vying for one position or the other has been given a cap,” he said.
“I saw N70 million there for the house of reps, and I know I spent more than N70 million when I contested for my election. I spent way beyond that.
“The question has always been that many complain that the amount for governor is much; the amount for president is much. What people don’t know is that this is the cap — it’s not the minimum. It means anything from one naira to that, but don’t go beyond it. It’s important for Nigerians to know this.
“But in reality, you find out that those who are questioning it are not addressing their minds to the times that we are in — with the inflation rates, what our currency is doing in the market at the moment, the affordability. What we could do before now with less amount, we can’t do that with more currently.
“It’s the same way all over the world. There is a sociological reason for doing that — so that positions won’t be reserved for the richest,” he added.