Economy

“Investigate Alleged ₦800bn APC Governors’ Campaign Fund” — SERAP Tells INEC Chair Amupitan, Threatens Legal Action

Socio-Economic Rights and Accountability Project (SERAP) has urged Professor Joash Amupitan, the Chairman of the Independent National Electoral Commission (INEC), “to promptly, thoroughly, impartially, independently, transparently and effectively investigate the allegations that governors of the All Progressives Congress (APC) diverted N800 billion for political and campaign purposes.”

SERAP urged him to “request full disclosure from the governors and APC regarding the alleged contributions made to any dedicated campaign fund, including the identity of donors and the lawful origin of funds, and to provide the details to our organization.”

SERAP also urged him to “urgently collaborate with appropriate anticorruption and law enforcement agencies to enforce applicable sanctions where violations are identified, including prosecution, fines and forfeiture of any unlawful contributions.”

SERAP urged him and INEC to “promptly initiate a formal review and investigation into compliance with Section 91 of the Electoral Act by all political parties and candidates, particularly in relation to the sources and scale of political or campaign financing in the current political cycle.”

In the letter dated 16 May 2026 and signed by SERAP deputy director Kolawole Oluwadare, the organisation said: “these allegations raise serious concerns about political finance transparency, electoral fairness, and the constitutional right of Nigerians to participate freely in their own government.”

SERAP said, “The abuse of state resources for electoral advantage undermines democratic integrity and public trust. Fairness, transparency, and accountability in political or campaign finance are essential safeguards against corruption, state capture, and undue influence in democratic processes.”

According to SERAP, “opaque political financing remains a major entry point for corruption and a threat to democratic legitimacy. Nigerians deserve to know who funds the candidates or political parties of their choice and any sources of any such funding.”

The letter, read in part: “the allegations of diversion or opaque use of public funds pose a grave risk to the integrity of the 2027 general elections. Large-scale public fiscal flows combined with weak transparency mechanisms create a reasonable basis for INEC to activate its constitutional and statutory mandates.”

“We would be grateful if the recommended measures are taken within 7 days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall take all appropriate legal actions to compel you and INEC to comply with our request in the public interest.”

“SERAP is concerned about the low levels of transparency in political finance in Nigeria, and the lack of guidelines and effective enforcement.”

“Section 91 of the Electoral Act empowers INEC to set limits on political donations, demand disclosure of contributions and sources of funds, and enforce sanctions against violations.”

“Exceeding donation limits attracts sanctions including fines, forfeiture of excess funds, and penalties of up to five times the amount contributed in excess for individuals.”

“According to reports, governors of the All Progressives Congress (APC) are allegedly making monthly contributions from their Federation Account Allocation Committee, (FAAC) allocations to a dedicated campaign fund to fund President Bola Tinubu’s re-election campaign.”

“These allegations raise serious concerns regarding political and campaign finance transparency, democratic governance, electoral integrity, and the fundamental right of Nigerians to political participation. The right to political participation requires that citizens have a real opportunity to exercise their political rights.”

“The right to free, fair and transparent elections is a fundamental human right. This imposes a duty on state institutions to ensure that elections are credible, transparent, and inclusive.”

“The allegations of diversion or opaque use of public funds—particularly on the scale reported—pose a grave threat to the integrity of the 2027 general elections.”

“The combination of large-scale public fiscal flows, opaque deduction structures, and allegations of misuse public funds for political and campaign purposes creates a reasonable basis for INEC to exercise its investigative and monitoring mandates under the Nigerian Constitution 1999 [as amended] and the Electoral Act.”

“Section 91 of the Electoral Act 2022 empowers the Commission to: set legal limits on donations that individuals or entities can make to political parties or candidates and requires disclosure of the amount donated and the source of such funds.”

“Section 91 establishes that any political party that exceeds the prescribed donation limit is liable to a fine of up to ₦10,000,000, plus forfeiture of the excess amount. It provides that any individual who exceeds the donation limit commits an offence and is liable to a fine equal to five times the amount donated in excess of the legal limit.”

“Section 91(2) of the Electoral Act provides that any individual, candidate, or political party that exceeds the donation limits set by INEC commits an offence and is liable upon conviction to sanctions.”