Financial transparency

1. What we publish, and how often

We publish, on a rolling basis:

• Daily on-chain wallet balances. The list of campaign-controlled receiving addresses is published on this page (Section 4). Anyone with a blockchain explorer can verify the aggregate inflows in real time.
• Weekly financial dashboard. Aggregated, anonymised inflows by cryptocurrency and outflows by spend category, refreshed each Monday.
• Monthly statement of inflows and outflows. A line-item statement, published within ten (10) business days of the end of the month.
• Quarterly transparency report. A consolidated report with narrative analysis, refreshed every three (3) months.
• Annual audited financial statement. Audited by an independent professional services firm. See Audit & assurance.

2. Spend categories

Outflows are categorised consistently across reports. Categories are:

• Personnel - campaign secretariat, polling-unit agents, regional coordinators;
• Mobilisation - voter registration drives, town halls, transportation;
• Communications - production, broadcasting, digital, translation;
• Travel - domestic and (where lawful) international;
• Technology - Site infrastructure, security, analytics, software licences;
• Logistics - venues, security, equipment, perishables;
• Legal & compliance - election lawyers, audit, KYC/AML processors;
• Diaspora outreach - chapter support, materials, virtual events;
• Reserve - held in liquid stable assets for campaign-end commitments;
• Refunds - contributions returned to senders under the Terms.

3. Segregation of funds

Campaign funds are held in segregated accounts and wallets, separate from the Authorising Principal's personal accounts and separate from any other entity. The accounts are subject to dual-control mandates: no disbursement above an internal threshold may be authorised by a single person. The internal threshold is reviewed quarterly and disclosed to the auditor.

4. Receiving wallets

On the production launch of the Site, this Section will list every receiving address by chain (Bitcoin, Ethereum mainnet, Tron, BSC, Solana). Each address is signed by the Authorising Principal's campaign-finance signing key, and the signature is published alongside the address so any user can verify authenticity.

Until launch, this Section displays a placeholder. Once an address is published, it cannot be retracted; if a wallet is rotated, both the old and the new address are listed for at least ninety (90) days.

5. Crypto-to-fiat settlement

Where contributions are settled to fiat currency for operational use in Nigeria, the conversion is conducted by NowPayments and a CBN-licensed bureau de change at the prevailing market rate. The settlement statement, including the exchange rate applied and the fees deducted, is included in the monthly statement.

6. Reserve policy

Campaign reserves are held in stable, liquid assets - primarily USD-denominated stablecoins (USDT and USDC) issued by regulated issuers - and a portion in NGN bank deposits with a tier-one Nigerian bank. The reserve target is no more than three months' operating expenses. Excess reserves are deployed to mobilisation and communications.

7. Compliance with Electoral Act caps

The Campaign monitors cumulative donor contributions in real time. The Donation Platform enforces hard caps that match the published Electoral Act 2022 limits, and a soft alert at 80% of the cap. Where a contribution would exceed the cap, the Donation Platform either refuses the contribution (where the cap is known prior to acceptance) or refunds the excess (where the contribution is accepted before the cap is detected).

8. Non-acceptance and refunds

Contributions that the Campaign cannot lawfully accept - including foreign-source contributions, anonymous contributions above the statutory threshold, and contributions from Sanctioned Persons - are refunded under the Terms or, where refund is not possible, donated to a registered Nigerian charity nominated by the Authorising Principal. Each such non-acceptance is disclosed in the next monthly statement.

9. Changes to this Section

Changes that affect financial reporting are disclosed at the top of the next monthly statement and reflected in this Section.