Politics
Why Political Parties’ Audited Accounts Haven’t Been Published Since 2016 –INEC

Indications have emerged that the refusal of political parties to submit to the Independent National Electoral Commission their annual financial statement as required by the constitution and the Electoral Act has prevented the commission from monitoring their finances and publishing the same as mandated by the constitution.
INEC confirmed to Sunday PUNCH that it audited the accounts of the parties up to 2016 and it had gone far on their 2017 and 2018 accounts, whilst awaiting the remaining years.
INEC Chairman, Prof Mahmood Yakubu, said at a meeting with chairmen of political parties in March 2021 that only one political party complied with the constitutional provision, warning that their refusal to comply was in contravention of the law.
Yakubu had said, “I wish to remind you that the Electoral Act 2010 (as amended) requires each political party to submit two election expenses reports to the commission. First is the disclosure of material contributions received from individuals and corporate bodies three months after the announcement of the results of the General Election as provided for in Section 93(4) of the Electoral Act. So far, no political party is in compliance.
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“Secondly, parties are required to submit audited returns of their election expenses within six months after an election as provided for in Section 92(3)(a) of the Electoral Act. Although we are still within the time frame provided by law, so far only one party has filed its returns. Similarly, the commission notes that only one presidential candidate has submitted financial expenses report. We wish to remind leaders of political parties of their obligations under the law.”
A top source in the commission however told our correspondent that the reason INEC had defaulted in publishing the accounts annually, in line with the constitution, was because political parties had refused to comply.
The source said, “The truth of the matter is that the parties have not been complying. I don’t know how many of them have been complying, but the big ones have not. These are our stakeholders and we meet with them, so we don’t want it to appear as if we are dragging them in the media.”
When asked why the commission did not sanction them for not complying, the source said, “We try to persuade them to do what is expected of them rather than wield the big stick. The current chairman likes to persuade people instead of imposing sanctions all the time. It is only when we try all persuasive means and they don’t change that we apply sanctions, and then they come begging.
“When the chairman comes out to speak like that, it’s a note of warning to them and we expect that they should understand. They don’t have to wait till the commission comes hard on them in that regard.”
Meanwhile, when asked why the commission has not published the parties’ audited accounts for years, violating the constitution that seeks to entrench transparency and accountability in the way the parties are run, the Chief Press Secretary to INEC Chairman, Mr Rotimi Oyekanmi, said, “The commission has audited the accounts of political parties up till 2016 and we have gone far on 2017 and 2018 accounts.
“However, the advent of the Covid-19 pandemic in 2019 slowed us down. Don’t forget also, the commission deregistered 74 political parties in February 2020 and we now have 18 political parties. However, we have made substantial progress and work on this issue will be completed in due course.”
Section 86 of the Electoral Act mandates every political party to submit its detailed annual statement of account to the commission, which would be audited by the commission and subsequently published in two national newspapers and the commission’s website.
READ ALSO: 2023: INEC Rejects Extension Of Deadline For Party Primaries
Section 86 (1) states, “Every political party shall submit to the commission a detailed annual statement of assets and liabilities and analysis of its sources of funds and other assets, together with statement of its expenditure including hard and soft copy of its list of members or in such a form as the commission may require.
“(2) Any official of the political party who contravenes subsection (1) commits an offence and is liable to a fine of Nl,000,000 or imprisonment for a term of six months or both. (3) A political party shall grant to any officer authorised in writing by the commission, access to examine the records and audited accounts kept by the political party in accordance with the provisions of this Act and the political party shall give to the officer all such information as may be requested in relation to all contributions received by or on behalf of the party.
“(4) The commission shall publish the report on such examinations and audit in two national newspapers and the commission’s website within 30 days of receipt of the results.”
Similarly, section 15, under Part I of the Third Schedule of the 1999 Constitution (as amended), mandates the commission to “monitor the organisation and operation of the political parties, including their finances,” and “arrange for the annual examination and auditing of the funds and accounts of political parties, and publish a report on such examination and audit for public information.”
Also, Section 225 (1) states, “Every political party shall, at such times and in such manner as the independent National Electoral Commission and publish a statement of its assets and liabilities.” The subsection (2) adds, “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.”
When contacted on the reason for their refusal to submit their detailed accounts annually, some of the major parties did not answer their calls.
PUNCH.
Politics
JUST IN: Reps In Rowdy Session, Reject Key Motions

The plenary session of the House of Representatives on Tuesday turned rowdy after members voted against some motions of urgent public importance, which bordered on the protection of lives and key government assets.
With the Deputy Speaker, Benjamin Kalu, presiding, the session became rowdy, as members dissolved into a closed-door session to restore order.
It all started when the member representing Somolu Federal Constituency, Lagos State, Ademorin Kuye, drew the attention of his colleagues to what he called the illegal allocation of lands within the Lagos International Trade Fair Complex and prayed the House to refer the matter to the Committee on Public Assets for investigation.
Kuye, a member of the All Progressives Congress is the Chairman of the House Committee on Public Assets.
READ ALSO:JUST IN: All Enugu Reps Defect To APC
Proposing an amendment to the prayers, Delta lawmaker and Chairman, House Committee on Rules and Business, Francis Waive, argued that though the matter brought before the Green Chamber is urgent enough, the Committee on Commerce, not Public Assets, should be in charge of the investigation.
Waive was supported by Akwa Ibom lawmaker, Mark Esset, who argued that “It is the Committee on Commerce that should take responsibility on this matter.”
On the other hand, Yusuf Gagdi representing Pankshin/Kanke/Kanam Federal Constituency, Plateau State, supported Kuye, stating that the Public Assets Committee should be allowed to take charge of investigating the allegation of illegal land sale and submit a report to the House.
With no end to the back-and-forth argument in sight, Gbefwi Gaza (SDP, Nasarawa) on the advice of Kalu, proposed the constitution of an Ad-hoc Committee comprising members of both Committees (Public Assets and Commerce) to conduct the probe.
READ ALSO:Reps Move To Regulate Cryptocurrency, POS Operations
When subjected to a voice vote, almost an equal number of lawmakers voted in support and against the motion.
Not sure whose voices were louder, Kalu gave it to the nays, sparking unrest in the chamber.
Next on the order of urgent motions was Mohammed Bio representing Baruten/Kaima Federal Constituency, Kwara State.
Bio who lamented the worsening security situation in his constituency, prayed the House to urge the military to establish a base in the crisis-prone areas to stem the tides of attacks.
READ ALSO:List Of 46 Proposed New States Submitted To House Of Reps
This time, more lawmakers voted against the motion, to the surprise of Kalu and the Kwara lawmaker.
It became clear to Kalu that members had resolved to frustrate the day’s session owing to the rejection of Kuye’s motion.
So, when again voices thundered against Ayodeji Alao-Akala’s motion which drew members’ attention to the need to address Nigeria’s description as a “Country of Particular Concern” by the United States President, Mr Donald Trump; Kalu allowed the motion to pass, forcing members to openly oppose the decision.
Voices of dissent rent the chambers and the plenary was suspended for a closed-door session.
…Details later
Politics
Obaseki’s Media Aide Tackles Edo Information Commissioner Over Alleged ₦600bn Debt

A former Governor of Edo State, Godwin Obaseki, has denied leaving a debt of N600bn, urging the Monday Okpehbolo-led administration to crosscheck from the Debt Management Office (DMO) before “spewing lies.”
The state Commissioner for Information and Strategy, Prince Kassim Afegbua, had on Monday in Benin claimed that the immediate past administration in the state left a whooping ₦600bn debt.
Reacting to Afegbua’s claim via video call on Tuesday, Obaseki’s Media Adviser, Crusoe Osagie, challenged the current administration in the state to visit the DMO to see whether Edo drew such debt.
Crusoe, who said no government at whatever level has capacity to draw loans or enter into any debt arrangement without the knowledge and approval of the DMO, said lies being spewed by the Okpebholo’s administration is giving the country a bad image.
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He said information of such gives the impression that the state is being governed by people who don’t understand what it means to run a government.
Crusoe described the claim as false and outrightly out of place.
On the planned probe of Mosium of West Africa Arts (MOWA), Crusoe noted that MOWA remained an international brand that entered into a business agreement with Edo State with all T’s crossed and all I’s dotted.
He insisted that every record about the transaction between Radisson Hotel and the Edo State government was contained in the transition report.
READ ALSO:Obaseki: Leader, I Know How Pained You Are,’ Wike Apologises To Oshiomhole
He said: “MOWA is an international investment drawing funds from the German government, the United Kingdom’s government, and the French government for its development. You think such an investment will be put on a land that was not ceded to that organization by the state.
“These people just come out there and toss all kinds of irresponsible information out there. At the end of the day what happens is that all of these turn around to form the intelligence that gathered out of Nigeria by the international community.
“It makes these countries think that the country is a failed state and the place is not being governed.”
Politics
Ijaw Leaders Commend Gov Diri Defection to APC, Describe Decision As Bold, Strategic

The Ijaw Leaders Consultative Forum (ILCF) has commended Bayelsa State Governor, Senator Douye Diri, on his decision to dump the Peoples Democratic Party (PDP) to the All Progressives Congress (APC).
In a statement signed by the Convener, Hendrick Opukeme, the ILCF described the governor’s move as a “strategic and a “bold declaration of statesmanship”.
The group noted that Governor Diri’s decision has repositioned the Ijaw voice within the national equation, rekindled hope, relevance, and responsibility for the Ijaw people across the Niger Delta and beyond.
The ILCF pledged its unwavering support and collaborative commitment to ensure that the transition becomes a redefinition of Ijaw destiny in the Nigerian project.
The statement reads, “The Ijaw Leaders Consultative Forum (ILCF), on behalf of the elders, stakeholders, and traditional leadership across the length and breadth of the Ijaw nation, conveys its heartfelt solidarity, commendation, and national applause on your courageous and strategic decisions to align with the All Progressives Congress (APC).
READ ALSO:BREAKING: Bayelsa Governor, Douye Diri Dumps PDP For APC
“Your Excellency, this historic political realignment is not merely a matter of partisan affiliation — it is a strategic national statement, a bold declaration of statesmanship, and a clear assertion of Ijaw political maturity in the unfolding
dynamics of Nigeria’s democracy. By this act, you have repositioned the Ijaw voice within the larger national equation and rekindled a sense of renewed hope,
relevance, and responsibility for our people across the Niger Delta and beyond.
“Your decision resonates deeply with the Ijaw consciousness — that of courage in conviction, resilience in adversity, and foresight in leadership. It has sent a message
of awakening and unity throughout the three zones of the Ijaw nation: Western, Central, and Eastern Ijaw.
“The Stakeholders meeting was coordinated by the Hon. Commissioner for Ijaw National Affairs, Bayelsa state government, HRM, God’spower Tam Oporomo, Tara Eza 1st, Pere of Kierebiri – Mein, Bomadi LGA Delta State
At the enlarged stakeholders’ political consultative meeting convened by the Executive Committee of the Ijaw Leaders Consultative Forum (ILCF) on Saturday, November 3, 2025, at the Ijaw House, Yenagoa, Bayelsa State, leaders, youths, women, and opinion moulders from all three zones of the Ijaw nation were in massive attendance.
“The collective resolution of that meeting was an overwhelming
endorsement of your political movement and an expression of total solidarity with your visionary step toward national integration and transformative partnership.
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“Your Excellency, this move, properly consolidated, will reposition Bayelsa State and the entire Ijaw nation at the heart of Nigeria’s developmental agenda. We see in your action the dawn of a new political synergy that transcends rhetoric — a synergy of purpose, unity, and strategic engagement with the centre.
“The ILCF, therefore, pledges its unwavering support and collaborative commitment to ensure that this transition becomes not just a change of party, but a redefinition of Ijaw destiny in the Nigerian project. We call on all Ijaw sons and
daughters, at home and in the diaspora, to rally around your leadership and align with this evolving national movement anchored on inclusion, justice,
“May the Almighty continue to guide and strengthen you as you lead our people with wisdom, courage, and divine purpose.With profound respect and patriotic regards”, the group added.
Meanwhile, the governor’s defection to APC was celebrated at a grand ceremony in Yenagoa, attended by top government officials, including Vice President Kashim Shettima, Senate President Godswill Akpabio, and other governors. Governor Diri stated that his decision was not driven by personal ambition but by the desire to advance Bayelsa’s unity and development.
The APC National Chairman, Nentawe Yilwatda, urged Governor Diri to deliver Bayelsa State to President Bola Tinubu in the 2027 general election, saying, “Take this as a symbol of strength, symbol of unity, unite our party, make it stronger and bring all the votes”.
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