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

Naira Appreciates, Ends Week Positive Across Official, Black Markets

Dollar Appreciates In Black Market, Official Window

The foreign exchange (FX) rate for the United States dollar (USD) increased to N1,387.77 kobo per $1 on Tuesday, March 3, in the black market, surpassing the N1,382.52 kobo per $1 recorded on Monday, March 2. Also, the pound FX rate was

Petrol Prices Set to Rise After Dangote Price Increase

Fuel prices in Nigeria are expected to rise sharply after a hike in refinery rates, as Africa’s richest man Aliko Dangote outlined broader plans to expand into power, steel and infrastructure. The Dangote Petroleum Refinery has increased its gantry price for Premium
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

Dollar-for-Crude: PETROAN Rejects Dangote Refinery’s Dollar Sale Policy

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN)
NSE stock market report

Guinness, Ardova Shareholders Report Loss, As Seplat, NAHCO, Others Gain Big

About N142.16 billion was gained in the Nigerian stock market