Isaac, the younger brother of former Ekiti Governor Ayodele Fayose, has said the Labour Party’s presidential candidate, Peter Obi needs at least N50bn to win the presidential candidate of the ruling party in 2023.
Fayose said Peter Obi’s online popularity is not enough to secure victory, emphasising he needs N50bn to defeat the All Progressives Congress (APC) presidential candidate Asiwaju Bola Ahmed Tinubu.
He also stressed the Labour Party presidential candidate lacks the political structure to win the contest.
In a video, the younger Fayose said Tinubu has the money and structure to become the next President.
“Out of all the candidates, Peter Obi is the most popular. If we vote today on social media, he will win. But an election is structure-based. So, Obi will need N50bn to be able to make that government a reality. N50bn, yes, Obi will win.
“Remember, Tinubu is a little bit popular too. He has what they call structure. The structure alone is worth N50bn. He has what they call goodwill. They call him ‘The City Boy’. So ‘where him money no fit reach, him structure go reach, where him structure no fit reach, him popularity go reach.
“Peter Obi, with N50bn, will manage to buy his own army to defeat Tinubu,” Fayose stated.
