The Independent National Electoral Commission (INEC) on Friday said political parties in Nigeria are not allowed to receive funds from foreign countries.
Speaking on Channels Television’s Politics Today, INEC National Commissioner, Festus Okoye, said parties are also not allowed to receive funds anonymously.
The provision may affect parties such as the Labour party who have looked to Nigerians in the diaspora to fund part of their campaigns.
Mr Okoye said that Section 225 of the Nigerian constitution makes it clear that no registered political party in Nigeria shall possess any funds outside the country.
He noted that a political party cannot open an account and have money remitted into that particular account outside the Federal Republic of Nigeria.
0
0
