Campaign Finance: INEC fails to sanction APC, PDP, others for violating Nigeria's laws

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 101 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 44%
  • Publisher: 78%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

Although they did not submit their financial reports as required by law, INEC established that the APC and PDP spent at least three...

Money is the lifeblood of politics across the world but the abuse of the laws guiding how it is spent by politicians, especially on elections, continues to hurt democracy.

As the political actors start their campaign activities for the 2023 general elections, PREMIUM TIMES observed that the electoral commission remains uninterested in enforcing the relevant laws stipulated in the constitution on expenditure for elections and political activities.As in many democracies, political parties in Nigeria attract funds for their operations and activities through contributions from members and supporters, and donations from corporate organisations.

The Action Democratic Party partially complied with this provision as it submitted its expenses within the stipulated window, but without accompanying it with a court affidavit as mandated by the law. PREMIUM TIMES had approached INEC spokesperson, Festus Okoye, with the request but was directed to the EPM Director as Mr Okoye said he had no information on the subject.There are three financial reports that political parties are expected by law to submit to INEC. They are the election contributions report, election expenses report and annual report.

These mandates were reinforced in the 2022 amendment to the Electoral Act signed by President Muhammadu Buhari in May. President Buhari and Atiku Abubakar were the candidates of the APC and PDP respectively in the 2019 race. Despite being caught out for breaching this section, neither the APC nor the PDP has paid the expected fine nor forfeited the excess of N3.6 and N2.2 billion they respectively incurred during the last presidential poll.

While the ruling APC and its main opposition PDP remain dominant because they have established visible structures across the country, at least two other parties are being closely watched to challenge them in this cycle, especially in the presidential poll. The LP scored 66.7 for meeting other criteria except submitting their yearly budget and internal audit report.

The leaders of AA and AAC said INEC was culpable in their internal crises that diverted their attention from party governance.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Demons of Nigeria.

INEC inecnigeria is heavily compromised.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

INEC: We’ll closely monitor compliance with law on campaign spending | TheCableThe Independent National Electoral Commission (INEC) says it will monitor political parties’ compliance with the limits on campaign spending. Mahmood Yakubu, INEC chairman, spoke on Thursday at the signing of inecnigeria EFCC was here too
Source: thecableng - 🏆 2. / 80 Read more »