INEC sets campaign donation limit at N50m, bars rallies in schools, worship centres
The Independent National Electoral Commission INEC has approved the publication and release of guidelines for the Conduct of Political Rallies, Processions and Campaigns as well as that of Finances and Election Expenses of political parties, Candidates and Aspirants.
Accordingly, it has set a ceiling of N50 million as the maximum amount of money or other assets that an individual, a group of individuals or an entity can donate to a political party or aspirant for an election.
INEC also placed a ban on the conduct of political rallies in worship centres and public institutions.
“The maximum amount of money or other assets that an individual, a group of individuals or an entity can donate to a political party or aspirant for an election shall be N50,000,000 (fifty million Naira only)
“A Political Party shall not accept any monetary or other contribution which is more than N50,000,000 except it identifies and discloses the source of the contribution to the Commission”, the document stated.