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National Chairman of Labour Party, Julius Abure, has denied claims that the party is broke and unable to fund the 2023 campaign of its presidential candidate, Peter Obi.

According to Channels TV, Abure in a signed statement on Saturday said that Obi wouldn’t be able to fund his campaign alone because he didn’t engage in “gluttonic acquisition” as Anambra State governor between 2006 and 2014.

Part of his statement read, “At a well attended inauguration of the Labour Party Presidential Campaign Council in Abuja on Friday, I spoke extensively on the importance of campaign funding and the need for collaboration with stakeholders, particularly the candidates of the party at various levels.

“I also emphasised that our presidential candidate alone cannot fund the election as he is known to be someone who did not engage in the gluttonic acquisition of our common patrimony in his days as a public servant.

“However, the news making the round that I said that Labour Party is broke 24 hours to our campaign was reported out of context, hence the need to put the records straight.

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“What I said is that presidential election is very expensive and the presidential candidate alone will not be able to shoulder all the expenses and that we will therefore be needing collaboration from all candidates of the party and all well-meaning Nigerians.

Finally, I like to reiterate that Labour Party is not broke. We are not broke. We only need support from stakeholders to be able to embark on the nationwide campaign, to be able to tell Nigerians how we will return Nigeria to its place of pride.”

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