Constitution of the Federal Republic of Nigeria (Fifth Alteration) Acts, 2023
Annotated alteration evidence — page 155
- Jurisdiction
- Nigeria
- Provision
- 155
- Source language
- English
- Recorded status
- in force
More details
- Recorded status
- in force
Provision text
Official source224. Aims and objects
The programme as well as the aims and objects of a political party
shall conform with the provisions of Chapter II of this Constitution.
225. Finances of political parties
(1) Every political party shall, at such times and in such manner
as the Independent National Electoral Commission may require,
submit to the Independent National Electoral Commission and
publish a statement of its assets and liabilities.
(2) 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.
(5) The Commission shall have power to give directions to political
parties regarding the books or records of financial transactions
which they shall keep and, to examine all such books and records.
(6) The powers conferred on the Commission under subsection (4)
of this section may be exercised by it through any member of its
staff or any person who is an auditor by profession, and who is not
a member of a political party.
[Section 225A
225A. De-registration of political party is inserted by
The Independent National Electoral Commission shall have power Constitution of the
to de-register a political party for- Federal Republic of
(a) breach of any of the requirements for registration; Nigeria, 1999 (Fourth
Alteration No.9) Act
2017]
The Constitution of the Federal Republic of Nigeria Updated with the First, Second, Third, Fourth and Fifth Alterations 149
Source record
Source and verification
Constitution of the Federal Republic of Nigeria (Fifth Alteration) Acts, 2023 · placng.org · Retrieved 18 August 2026.
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