Parties Not Allowed To Receive Funds From Abroad, INEC Insists

Parties Not Allowed To Receive Funds From Abroad, INEC Insists
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The Independent National Electoral Commission (INEC) has once again reiterated its earlier stance that political parties in Nigeria are not allowed to receive funds from foreign countries.

Speaking on a Channels Television program which was monitored by Africa Daily News, New York, INEC National Commissioner, Festus Okoye, said parties are also not allowed to receive funds anonymously.

The provision may affect parties such as the Labour party who have looked to Nigerians in the diaspora to fund part of their campaigns.

‘Section 225 of the Nigerian constitution makes it clear that no registered political party in Nigeria shall possess any funds outside the country,’ Mr Okoye said.

Read Also: INEC Warns Against Inappropriate Voting Come 2023

‘In other words, a political party cannot open an account and have monies remitted into that particular account outside the Federal Republic of Nigeria.

‘Secondly it makes it clear that no political party shall under any circumstance retain any funds remitted to it outside the country.

‘And if such funds are remitted to the political party from outside the country, that particular political party has a constitutional and legal obligation to turn in such funds to INEC within a period of 21 days from the date of receipt of such funds.’

Meanwhile, INEC has openly warned that the inappropriate marking of some of the boxes or the space which had been provided on the ballot paper by voters may affect the outcome of the 2023 general elections.

While he had been stressing the need for all Nigerians to make sure that they vote correctly on the election day, the commission had also revealed that the voters must make sure that they follow the procedure for voting for their preferred candidate or party correctly or have such votes invalidated.

Africa Daily News, New York

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