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

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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 The Tide source 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.
“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.
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.

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NGO Passes Confidence Vote On Fubara Over Dev Strides  

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A grassroots organisation known as Sir Siminalayi Fubara Peace Initiative, Friends For Good Governance, has passed a confidence vote on the Rivers State Governor, Sir Siminalayi Fubara over his development strides in the state within a short time in office.
Apart from the numerous development projects embarked upon by the governor in the state, the body expressed delight over the recent payment of N85,000.00 minimum wage to civil servants in the State to reduce the economic burden of workers and their dependants.
Spokesperson of the organisation, Chief Felix Ologara, who addressed newsmen in Bori, headquarters of Khana Local Government Area described Governor Fubara’s administration as the most compassionate, peace-loving and labour-friendly in Nigeria.
Coordinator of the NGO, Comrade Felix Nnaa,  also lauded the governor of Rivers State for staying focused on the development of the state despite the challenges by detractors of his administration.
The NGO  also commended the newly elected local government chairmen in the state, particularly the chairman of Khana LGA, Hon Martin Nwigbo and his Tai counterpart, Hon Mathew Dike for modelling their leadership style after Governor Fubara’s in providing essential services to the people.
On his part, the Chairman of Khana Local Government Area, Hon. Martins Nwigbo, who also spoke with the press assured that his administration will give priority attention to the development of Khana, particularly in providing security, economic empowerment, human capital development and restoration of power in the area.

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Ex-Inc President Harps On People-Centred Governance

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Former President of the Ijaw National Congress (INC), Professor Atuboyedia Obianime, has called for a people centred governance in Nigeria.
Prof. Obianime said this at the Rivers Liberation Summit and Awards organised by the Ijaw Wari Initiative Worldwide in Port Harcourt.
He said projects execution are good but government must come up with policies that will create employment opportunities for the people.
The former INC president particularly urged the Rivers State Governor, Sir Siminialayi Fubara, to revive all moribund industries with the view to creating jobs for the teeming unemployed youths in the state and stressed the need for the revamping of the agricultural sector in the state.
Also speaking, a former chairman of the Rivers State Independent Electoral Commission (RSIEC), Dr Sam Sam Jaja, said the Ijaws will never surrender their rights for any reason.
“We know where we come from and we know where we are now; we know the battle we fought and we know the battle we are still fighting and one thing is very important among us, we will never surrender our rights for any reason”, he said.
Dr Jaja said the Ijaws have been known to fight against oppression and marginalisation and commended the Ijaw Wari Initiative for complementing the INC.
“What we are doing today is to honour Ijaw sons and daughters who deserve to be honoured and of course we have one of our elderly sons to tell us what we have done in terms of pursuing leadership”, he added.
He also described the Ijaws as symbols of leadership, adding: “it starts from us and it will continue to remain with us for a long time”
Dr Jaja also declared that with an Ijaw man at the saddle of leadership in the State, the people will see a new phase of governance, adding that areas neglected will be touched, while expressing optimism that the event would equip the participants to face the challenges ahead.
In his welcome address, the president of Ijaw Wari Initiative Worldwide, Somina Wokoma, said the event was to “commemorate the October 30th, 2023, failed attempt to impeach our dear Governor which marked a turning point in our democratic journey”.
“As we converge on this epoch making occasion, we celebrate the triumph of democracy, people oriented leadership and the resilience of Rivers people”, he said.

John Bibor

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Group Tasks Rivers LG Chairmen On Aggressive Rural Dev

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A non- governmental organisation in Rivers State, the Niger Delta People’s Volunteer Force ( (NDPVF), Opobo/Nkoro Chapter, has tasked Chairmen of the 23 Local Government Areas of the State to urgently focus on aggressive infrastructural and human capital development projects.
This is contained in a statement released by the group in Port Harcourt shortly after her Chapter Executive Council ( CEC) meeting in Opobo Town, and signed by its Coordinator, Commander Idawari Brown; Secretary, Comrade Success Dinne Ebranga and Public Relations Officer, Comrade Lucky Ubani.
The group urged the chairmen and councillors to be proactive in the discharge of their assignment of dispensing quality service delivery in their areas of jurisdiction and admonished them to follow the leadership example of Governor Siminalayi Fubara.
“There is need for the Chairmen of various Councils in the state to ensure that they emulate the leadership style of the governor by building bridges of transformation, human capital development and youth inclusiveness in governance of their LGAs”, the statement said.
The group further admonished the chairmen of the various councils and their Councillors to put in their best in the leadership of their local areas for the well-being of the people.
“The people are in dire need of your contributions for better development bridges in terms of even distribution of development projects and programmes that will have direct- bearings on the people’s welfare and lives.
“They should include those who have what it takes to develop the areas through their contributions to move the area forward developmentally.
“We urge the chairmen of various councils and their councillors not to appoint anybody on political patronage in order to siphon the treasury of the councils.
“We would not tolerate this lackluster attitude from any council chairmen Councillors. The real thing should be done through those with leadership expertise and are ever ready to join forces with them to build a pleasant and virile Local Government Areas administration for posterity.

By: Bethel Toby

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