This was declared by Festus Okoye, the body’s National Commissioner, adding that no party was allowed to collect money from unknown sources.

The Independent National Electoral Commission, INEC, has warned all political parties from seeking funding from foreign countries as the 2023 general elections approach.

This was declared by Festus Okoye, the body’s National Commissioner, on Friday while appearing on a Channels TV programme, adding that no party was allowed to collect money from unknown sources.

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,”

He further 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.”

This is coming amid speculations that the Labour Party’s presidential candidate, Mr Peter Obi, solicited financial assistance from some foreigners to fund his campaign.

The party had, however, debunked the allegations, saying it never begged anyone for funds.

The National Publicity Secretary of the Labour Party, Abayomi Oluwafemi, gave this clarification in a telephone interview with Vanguard.

He dismissed concerns that the party was seeking foreign finance for its activities as part of the theatrics of political opponents who were terrified by the Labour Party and its presidential candidate's rising stature.

Oluwafemi said, “It is ridiculous that our political opponents have descended to a new low to insinuate that our party is oblivious of electoral laws.

“For the avoidance of doubt, neither our party nor our candidate is seeking for foreign funding for any of our activities.”

Edopesin:
People with questionable source of wealth can be allowed to run

Moh247:
I wonder how Obi and Atiku would get funds from their offshore account abroad

Bethel4Life:


What about Tinubu

Moh247:


Tinubu's companies are in Nigeria.... TVC , TheNation, OANDO, REMITA

Moh247:
Tinubu's companies are in Nigeria.... TVC , TheNation, OANDO, REMITA

lhordspy:
Nice one.

Pandora in the mud.

All those lecture-fee, gate-fee format of scam he has been using have come to an end.


After raking about $150m dollar in the stated fraudulent activities, he denied taking any money. Just like he denied diverting Anambra state funds inside his daughters account.

You can keep soliciting funds locally from your No shi shi followers who usually borrow 10mb to come constitute nuisance online. Keep posting account numbers up and down, 50,000naira no go commot.


Bad rubbish.

Moh247:


Tinubu's companies are in Nigeria.... TVC , TheNation, OANDO, REMITA

Racoon:
Though you lots denied that these conduit pipes of corruption does not belong to him as far as the Alpha-Beta corruption is concerned? The stupid thing about lying.

successmatters:


What about Alausa?

lhordspy:
Nice one.

Pandora in the mud.

All those lecture-fee, gate-fee format of scam he has been using have come to an end.


After raking about $150m dollar in the stated fraudulent activities, he denied taking any money. Just like he denied diverting Anambra state funds inside his daughters account.

You can keep soliciting funds locally from your No shi shi followers who usually borrow 10mb to come constitute nuisance online. Keep posting account numbers up and down, 50,000naira no go commot.


Bad rubbish.

toneroforever:


Urs is a regular political campaign, ours is a revolution. U can't feel the motivation that drives us.
The satisfaction that comes from the mere thought of contributing our quota to take back our country through democratic means is indescribable.

lhordspy:


And i commend your ability to dream big.
It is okay to dream, but when that dream is an unrealistic, unachievable, unattainable one, then it is just a mere fantasy.

Nobody is rescuing anything and giving it to another crook,a pretender , a memerizing deceiver.

That isnt rescuing, that is hypocrisy. Goodmorning.

toneroforever:


Good morning my brother.
Watch that dream come true right in front of u.