TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Party finances – The Nation

The Citizen by The Citizen
January 19 2016
in Public Affairs, Uncategorized
A A
0

In a season when public attention is being called to the corruption of institutions and processes of state administration, it has become inescapable that the searchlight be beamed on the political parties and the perversion of processes that have been the order of the day in running them. This is so important because the parties, under the 1999 Constitution, are public bodies. They are registered and expected to file returns periodically.

Political parties are at the heart of democracy. When they fail to meet the minimum demands on transparency in their activities, or are held to ransom by individuals, the state is in trouble. One of the ways the political parties have failed to live up to their constitutional responsibilities is in ensuring that election campaigns are run according to the rules, funds raised in accordance with stipulations by the Constitution and the Electoral Act and proper returns made to the electoral commission.

There are elaborate provisions in the relevant laws to rein in the parties. Sections 225 and 226 of the constitution stipulate how this must be done. All records are expected to be adequately kept and submitted annually to INEC that also has the responsibility of filing such returns with the National Assembly. The constitution further stipulates that such annual statements of account should be published in national newspapers. The elaborate provisions underscore the importance attached to probity and transparency in running the political parties that act as nurseries for raising national leaders.

The Electoral Act complements these constitutional imperatives. Section 90 places limitations on the financial contributions that individuals may make to a political party. By virtue of section 91, no presidential candidate could raise or spend more than N1 billion for election campaign. For the governorship election, it is N200 million; N40 million for senatorial election, N20 million for House of Representatives and N10 million for a House of Assembly candidate. Similarly, the limit placed on campaign for the Local Government Area seat is N10 million, while a councillorship candidate may not spend more than N1 million.



The candidates and political parties have argued that the limits are ridiculous and unrealistic. This may be so in view of the size of the constituencies, demands of the presidential system of government and the highly monetised operational environment. But, it is no excuse for flagrant disregard of the law. Where a law is deemed unrealistic, the solution is to push for an amendment. In any case, the question to ask is where were the political parties when the constitution and Electoral Act were being made or amended? The National Assembly is exclusively made up of active politicians who belong to the parties. At what point did they, therefore, realise that it is unrealistic?

We are surprised that the electoral commission has abandoned its duty in respect of curbing excesses of the political parties with respect to their funding. The law forbids any individual contributing more than one million Naira to a political party. It also frowns at contributions from abroad and financing through private companies and corporations. Section 93 of the Act forbids anonymous contributions. No political party has adhered to these provisions. Yet, there is an electoral commission empowered to monitor the finances, keep records, file returns and prosecute offenders.

In the build-up to the next general election, we call on all stakeholders to scrupulously scrutinise the extant laws and recommend necessary amendments. The electoral commission must begin to apply laws and regulations. When political parties are held to account, they will realise the need to act in accordance with the principles and philosophy of the democratic order. The current state of things in the country stems from disregard for law and order by the political parties. It is time to rein them in.

 

 

Previous Post

The Lassa fever epidemic – Thisday

Next Post

Ajaokuta: Fayemi needs fresh model – Punch

Related Posts

Reps in rowdy session over motion to summon Tinubu
Public Affairs

Accounting for recovered assets – Punch

August 18 2026
Stop recruiting youths for election violence – Punch
Public Affairs

Stop recruiting youths for election violence – Punch

August 12 2026
‘Fake’ Agency: Adeyemi insists DG appointment genuine
Public Affairs

Country of ghost workers, ghost MDAs – Punch

August 11 2026
FG embarks on expansion, decongestion of custodial centres
Public Affairs

Prison reform can’t wait any longer – Punch

August 9 2026
Osun’s toxic election buildup – Punch
Public Affairs

Osun’s toxic election buildup – Punch

August 7 2026
We need strong civil aviation authority – Punch
Public Affairs

We need strong civil aviation authority – Punch

August 6 2026
Next Post

Ajaokuta: Fayemi needs fresh model - Punch

Chukwu hails Eagles over classy CHAN start

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Adeleke chairmen seize Osun LG secretariats

Adeleke chairmen seize Osun LG secretariats

by The Editor
August 18 2026
0

...

APM sweeps Bauchi LG poll, wins all 20 chairmanship seats

APM sweeps Bauchi LG poll, wins all 20 chairmanship seats

by The Editor
August 18 2026
0

...

Lagos Council defies NLC directive to skip Pro-Tinubu Group inauguration

Lagos Council defies NLC directive to skip Pro-Tinubu Group inauguration

by The Editor
August 12 2026
0

...

Federal High Court relocates Lagos division to new complex

Federal High Court relocates Lagos division to new complex

by The Editor
August 6 2026
0

...

APPOINTMENTS

Sahara Upstream positions Arahas and SGIR for next growth phase, deepens investment in African oilfield services

Sahara Upstream positions Arahas and SGIR for next growth phase, deepens investment in African oilfield services

by The Editor
August 8 2026
0

...

Police IG deploys new CPs to eight states, other formations

Police IG deploys new CPs to eight states, other formations

by The Editor
August 7 2026
0

...

Katsina governor swears in four permanent secretaries

Katsina governor swears in four permanent secretaries

by The Editor
August 6 2026
0

...

Rivers State not for political war, says Fubara

Gov. Fubara swears in 12 perm secs, urges commitment

by The Editor
July 31 2026
0

...

ODDITIES

Celestial Church begins probe into Temitope Osoba’s death

Celestial Church begins probe into Temitope Osoba’s death

by The Editor
August 13 2026
0

Indimi joins appeal against $43.5m judgement award to daughters

Indimi joins appeal against $43.5m judgement award to daughters

by The Editor
August 6 2026
0

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

by The Editor
July 23 2026
0

GLOBAL NEWS

Trump threatens to bomb Oman

Trump threatens to bomb Oman

by The Editor
August 18 2026
0

...

Putin defies Trump with second nuclear weapons test

Russia summons Japan ambassador over disputed islands row

by The Editor
August 18 2026
0

...

WHO sounds alarm on ebola outbreak

by The Editor
August 13 2026
0

...

Rescuers scramble for survivors with 180 dead in Colombia earthquake

Rescuers scramble for survivors with 180 dead in Colombia earthquake

by The Editor
August 12 2026
0

...

Trump hides in catering truck to evade alleged Iran threat

Trump hides in catering truck to evade alleged Iran threat

by The Editor
August 11 2026
0

...

State of the States

Gov. Adeleke deposes Oba Joseph Oloyede, Apetu of Ipetumodu

Account Freeze: Adeleke orders Osun Attorney-General to withdraw suit against EFCC

by The Editor
August 18 2026
0

...

Lagos leads January 2026 FAAC allocations with N55.83bn

Sanwo-Olu inducts 1,000 as Lagos internship beneficiaries hit 8,000

by The Editor
August 13 2026
0

...

Gov. Adeleke deposes Oba Joseph Oloyede, Apetu of Ipetumodu

Gov. Adeleke declares Friday work-free day for Osun workers

by The Editor
August 12 2026
0

...

Why Kano govt spent N1.5bn on mass wedding – Gov. Yusuf

Why Kano govt spent N1.5bn on mass wedding – Gov. Yusuf

by The Editor
August 10 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Reps in rowdy session over motion to summon Tinubu

Accounting for recovered assets – Punch

August 18 2026
Adeleke’s win and the cost of winning at all costs

Adeleke’s win and the cost of winning at all costs

August 18 2026
Adeleke chairmen seize Osun LG secretariats

Adeleke chairmen seize Osun LG secretariats

August 18 2026
Edo govt shuts schools as DSS uncovers plot to abduct students

Terrorists kill 28 in Sokoto community

August 18 2026

EDITORIAL REVIEW

Reps in rowdy session over motion to summon Tinubu

Accounting for recovered assets – Punch

by The Editor
August 18 2026
0

Stop recruiting youths for election violence – Punch

Stop recruiting youths for election violence – Punch

by The Editor
August 12 2026
0

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Country of ghost workers, ghost MDAs – Punch

by The Editor
August 11 2026
0

FG embarks on expansion, decongestion of custodial centres

Prison reform can’t wait any longer – Punch

by The Editor
August 9 2026
0

Osun’s toxic election buildup – Punch

Osun’s toxic election buildup – Punch

by The Editor
August 7 2026
0

Opinion

Adeleke’s win and the cost of winning at all costs

Adeleke’s win and the cost of winning at all costs

by The Editor
August 18 2026
0

...

Airtime credit dispute and need for clarity

Airtime credit dispute and need for clarity

by The Editor
August 5 2026
0

...

Tinubu swears in four Permanent Secretaries, INEC commissioner

Tinubu: The Audacity to Hope – Three years after

by The Editor
July 31 2026
0

...

Remi Tinubu under fire over akara, roasted corn remarks

Beyond ‘akara’ leadership

by The Editor
July 6 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.