The Social Democratic Party (SDP) National Chairman, Shehu Gabam, has been suspended for alleged financial misconduct and misappropriation of party funds.
Also suspended were the National Auditor, Nnadi Clarkson, and National Youth Leader, Chukwuma Uchechukwu.
The spokesperson of the party, Araba Aiyenigba, announced the suspension on Tuesday in Abuja.
The party claims the mismanaged funds run into hundreds of millions of naira, including proceeds from 2023 nomination form sales and donations.
INEC and relevant agencies have been officially informed of the suspension, which takes immediate effect, according to the statement.
“The suspended officials were linked to a series of unauthorised financial transactions, personal enrichment schemes, and diversion of funds without NWC approval,” the statement said.
Aiyenigba said Gabam had presented an unauthorised financial statement to INEC and published a summary in newspapers, prompting the party to alert law enforcement agencies.
“This action reinforces our zero-tolerance stance on corruption,” he added.
He said an interim panel has been set up to audit all financial records and recommend appropriate disciplinary or legal steps.
The Deputy National Chairman (North), Sadiq Abubakar, has taken over as Acting National Chairman in line with the party’s constitution.