$14k loss for party

Listen to this article:

Pio Tikoduadua speaking at the NFP candidates announcement in Suva, on Fri 04 Nov 2022. Picture: ELIKI NUKUTABU

The National Federation Party (NFP) made a loss of $14,890 in the year ending on December 31, 2022.

According to its income and expenditure statement, the party declared an income of $711,223 and expenses of $726,113.

This information has been submitted to the Fijian Elections Office as required under the Political Parties (Registration, Conduct, and Funding & Disclosures) Act, 2013.

NFP received $645,188 in gifts, $49,200 as candidates levy, $11,250 from

“Parliament Office Resourcing” and $4900 in rental income.

Out of the total $726,113 total expenses, the highest of $372,746 was for advertisement.

Other major expenses for the party were $99,308 as meeting and campaign expenses, $67,400 for volunteer’s allowance, $55,000 paid to the Fijian Elections Office in candidates levy, $28,115 was spent on wages and $13,164 on transport.

NFP has declared it refunded $20,000 that came in as gifts.

Under remuneration, the NFP has declared it paid out $65,650 as honorarium and allowance.

According to information provided to the Fijian Elections Office, NFP has land and building worth $730,000.

As at December 31, 2022, the party had $10,773 in three separate bank accounts.

The party accounts have been signed off by president Pio Tikoduadua and treasurer, Chandrakant Lodhia.

The accounts were audited by Iowane Naiveli and Company.

Array
(
    [post_type] => post
    [post_status] => publish
    [orderby] => date
    [order] => DESC
    [update_post_term_cache] => 
    [update_post_meta_cache] => 
    [cache_results] => 
    [category__in] => 1
    [posts_per_page] => 4
    [offset] => 0
    [no_found_rows] => 1
    [date_query] => Array
        (
            [0] => Array
                (
                    [after] => Array
                        (
                            [year] => 2024
                            [month] => 06
                            [day] => 17
                        )

                    [inclusive] => 1
                )

        )

)

No Posts found for specific category