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 electoral body said it will sanction presidential
aspirants that spend above N1billion on campaign. The Chief Press Secretary to
the INEC chairman, Kayode Idowu, on Monday in Abuja stated this in an interview
with journalists following the lifting of the ban on election campaigns
“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 and 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.
NAN reports that 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.
Pm News
reports.
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