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  1. Constitutions
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  3. Annotated alteration evidence — page 155

🇳🇬 NigeriaConstitution

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 source
224. 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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