The Independent National Electoral Commission (INEC) has vowed to monitor campaign spending by political parties’ candidates vying for various elective offices in Bauchi State.
This was disclosed by the Head of Election and Party Monitoring Unit, Bauchi State INEC headquarters, Ahmed Alhaji Waziri, during the signing of peace accord by governorship aspirants over the weekend.
He said the commission would liaise with relevant government agencies like the Economic and Financial Crimes Commission (EFCC), Central Bank of Nigeria (CBN) as well as commercial banks to monitor monetary transactions by political parties and their candidates.
According to him, the move was to ensure compliance with the provisions of the Electoral Act, 2010 (as amended) which pegged the amount a candidate could spend during campaign and what he could receive as donation from individuals, groups or other sources.
“Let me use this opportunity to inform both the political parties and their candidates, that as you are running your campaigns, the commission is tracking your campaign expenses to ensure compliance in relations to the sources, limitation of expenses and others as provided by the electoral act,” he said.