INEC Boss, Mahmood Yakubu, Blows Hot Over Nigeria’s Election Campaign Spending Limit

September 30, 2022
INEC Bans Phones At Ogun Polling Units

The chairman of the Independence National Electoral Commission (INEC), Mahmood Yakubu, has warned that political candidates who fail to adhere to the campaign spending limit will be sanctioned.

Yakubu advised the candidates to study and familiarise themselves with the electoral legal framework because INEC will closely monitor compliance, as the 150 days election campaign period commenced on Wednesday. 

Join our WhatsApp Channel

His warning comes as the country prepares for its general election which will be holding in 2023. This comprises of one Presidential election, 28 Governorship elections, 109 Senatorial election, 360 Federal constituencies, and 993 State Assembly constituencies elections. 

How much each political candidate is allowed to spend

The candidates vying for these political seats have been issued their spending limit during the campaign period. The Presidential candidates are expected to spend no more than N5 billion. 

Governorship aspirants have been handed N1 billion, Senatorial and House of Representatives candidates are not to exceed N100 million and N70 million respectively. 

Candidates in the State Assembly election are limited to N30 million, while those vying for chairmanship election to an Area Council were restricted to N30 million as well. 

According to Yakuba, the political candidates must ensure they spend within the limit, “the Commission will also closely monitor compliance with the limits on campaign spending under the Electoral Act. 

“There are sanctions provided by law. Political parties and candidates should study and familiarise themselves with the electoral legal framework to avoid any infraction of the law and the unhappy consequences that will follow any act of misdemeanor.” the INEC boss said.

Featured Stories

Latest from Business

Soludo Seals Shops for Two Weeks over Monday Sit-at-Home

The Anambra State Government has sealed dozens of shops at two major markets in Idemili North council area after traders failed to open for business on Monday, despite a directive to resume trading. The affected markets are the Building Materials Market in

Black Market, Official Window FX Rates Gap Widens By N100

The gap between the black market and the official window widened to N100.88 kobo on Monday, February 16, from N49.58 kobo on Friday, February 13. In the black market on Monday, the foreign exchange (FX) rate for the United States dollar (USD) increased

BUA Group Signs Strategic Partnership with UAE Firms

BUA Group has signed a strategic Memorandum of Understanding (MoU) with UAE-based AD Ports Group and MAIR Group in Abu Dhabi, in a deal aimed at strengthening industrial development, trade, and logistics between West Africa, the Gulf, and Asia. The agreement follows
Previous Story

Update: Gusau Defeats Peterside, Wins NFF Election Rerun 

Ahead Of Labour Party Oct. 1 Mega Rally, Police Team Patrols Lagos
Next Story

Ahead Of LP Oct. 1 Mega Rally, Police Team Patrols Lagos

Don't Miss

Breaking: Tuchel Leaves Lukaku Out Of Chelsea Squad Against Liverpool

Klopp To Miss Chelsea Game Over Coronavirus  Join our WhatsApp
ndic

We Have 97% Of Bank Depositors Under Our Cover, NDIC Boasts

The  present coverage limit of N500,000 under the Nigeria Deposit