The Independent National Electoral Commission, INEC has warned all political parties in the country against soliciting for funds from foreign countries for next year’s general election.
Festus Okoye, INEC National Commissioner mentioned this while featuring on a political programme on Channels TV.
He added that no party is allowed to solicit or receive funds from countries abroad.
He explained that such was contrary to Section 225 of the Nigerian constitution which according to him, states that “no registered political party in Nigeria shall possess any funds outside the country,”
Okoye insisted that if such funds are remitted to the political party from outside Nigeria, “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.”
Recall that the Labour Party presidential candidate, Mr Peter Obi was recently accused of soliciting financial assistance from some foreigners to fund his campaign.
The party had, however, debunked the allegations, saying it never begged anyone for funds.
