INEC sets up department to monitor parties' campaign expenditure
The Independent National
Electoral Commission (INEC) said it had taken measures to track campaign
expenditure incurred by political parties as it lifted ban on election
campaigns.
The Chief Press Secretary to
the INEC chairman, Kayode Idowu, made this known in Abuja following the lifting
of the ban on election campaigns.
In line with the electoral
timetable released by INEC, presidential and National Assembly aspirants of
political parties are allowed to commence campaign from November 16.
Similarly, the ban on
campaign by governorship and state House of Assembly aspirants is expected to
be lifted on November 30.
Idowu said the commission
now had a department to monitor spending of candidates in the 2015 elections,
adding that the department was functional and was in full capacity.
He stressed the need for
political parties to adhere to election expenses as stipulated by the Electoral
Act.
“According to section 91 of
the Electoral Act, 2010 as amended, the maximum expenses to be incurred by a
candidate at a presidential election shall be N1 billion; for governorship, it
is N200 million.
“The act also placed a
campaign ceiling of N40 million and N20 million for senatorial and House of
Representatives candidates respectively.
“It also fixed amount for
election expenses in the state assembly and chairmanship election for an area
council at N10 million.”
The act also stipulated
sanctions for candidate who flaunted the campaign spending limits.
“The sanction for
presidential election is N1 million or 12 months imprisonment or both and for
governor, N800,000 or nine months or both.
“While the sum of N600,000
or six months imprisonment is stipulated for a senatorial candidate, the sum of
500,000 or five months imprisonment is also stipulated for a House of
Representatives candidate who defaults on the campaign spending.”
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