INEC limits political donations to N50m and prohibits demonstrations in places of religion and schools

The printing and release of rules for the Conduct of Political Rallies, Processions, and Campaigns as well as those of Finances and Election Expenses of Political Parties, Candidates, and Aspirants has been approved by the Independent National Electoral Commission, INEC.

As a result, it has established a limit of N50 million as the maximum sum of money or other assets that a person, a group of people, or a company may donate to a political party or candidate for election.

Political gatherings cannot be held in places of worship or government buildings, according to INEC.

“The maximum amount of money or other assets that an individual, a group of individuals or an entity can donate to a political party or aspirant for an election shall be N50,000,000 (fifty million Naira only).

“A Political Party shall not accept any monetary or other contribution which is more than N50,000,000 except it identifies and discloses the source of the contribution to the Commission”, the document stated.

According to the commission, “the election expenses of a Political Party shall be in three parts; for the management of Aspirants and Party Primaries; for management of Candidates and conduct of elections; and, for miscellaneous election expenses.

According to INEC, a Political Party’s election expenses for managing Party Primaries cannot exceed two-thirds of the maximum amounts allowed for candidate expenses under the Electoral Act of 2022 for the relevant elective posts.

Similarly, the election expenses of a Political Party for conduct of elections shall not exceed two-third the limit of election expenses of each Candidate multiplied by the number of Candidates the Political Party shall sponsor in a particular election for elective positions.