Former chairman of the Special Presidential Investigation Panel for Recovery of Public Property, Okoi Ofem Obono-Obla, has called out Labour Party for organising a diaspora group to raise funds from Nigerians living abroad for election campaigns.
![](https://thenigerialawyer.com/wp-content/uploads/2026/09/2026-IDRI-Masterclass.png")
According to the All Progressive Congress (APC) chieftain in a statement, the constitution clearly states that political parties are not allowed to solicit or raise funds from abroad to to finance their electioneering campaigns or elections.
The statement partly reads, “Section 85 of the Electoral Act is explicit. Section 85 (a) (b) provides that any political party that :
“Nigeria’s constitution also forbids possession of funds by the candidate or political party from abroad. “Section 225 (2) (3) (4) (a) (b) & (5) of the Constitution provides that : Every political party shall submit to the Independent National Electoral Commission a detailed annual statement and analysis of its sources of funds and other assets together with a similar statement of its expenditure in such form as the Commission may require.
(3) No political party shall –
(a) hold or possess any funds or other assets outside Nigeria; or
(b) be entitled to retain any funds or assets remitted or sent to it from outside Nigeria.
(4) Any funds or other assets remitted or sent to a political party from outside Nigeria shall be paid over or transferred to the Commission within twenty-one days of its receipt with such information as the Commission may require.”
Former chairman of the Special Presidential Investigation Panel for Recovery of Public Property, Okoi Ofem Obono-Obla, has called out Labour Party for organising a diaspora group to raise funds from Nigerians living abroad for election campaigns.
According to the All Progressive Congress (APC) chieftain in a statement, the constitution clearly states that political parties are not allowed to solicit or raise funds from abroad to to finance their electioneering campaigns or elections.
The statement partly reads, “Section 85 of the Electoral Act is explicit. Section 85 (a) (b) provides that any political party that :
“Nigeria’s constitution also forbids possession of funds by the candidate or political party from abroad. “Section 225 (2) (3) (4) (a) (b) & (5) of the Constitution provides that : Every political party shall submit to the Independent National Electoral Commission a detailed annual statement and analysis of its sources of funds and other assets together with a similar statement of its expenditure in such form as the Commission may require.
(3) No political party shall –
(a) hold or possess any funds or other assets outside Nigeria; or
(b) be entitled to retain any funds or assets remitted or sent to it from outside Nigeria.
(4) Any funds or other assets remitted or sent to a political party from outside Nigeria shall be paid over or transferred to the Commission within twenty-one days of its receipt with such information as the Commission may require.”
[A MUST HAVE] Evidence Act Demystified With Recent And Contemporary Cases And Materials
Available now for NGN 40,000 at ASC Publications, 10, Boyle Street, Onikan, Lagos. Beside High Court, TBS. Email publications@ayindesanni.com or WhatsApp +2347056667384. Purchase Link: https://paystack.com/buy/evidence-act-complete-annotation
______________________________________________________________________ “Enhance Legal Practice With Authoritative Reports” — Alexander Payne Offers Comprehensive Law Reports, Spanning Over A Century Of Nigerian Jurisprudence
Interested buyers are encouraged to place their orders and enquiries via:
0704 444 4777, 0704 444 4999, 0818 199 9888
Website: www.alexandernigeria.com
