Electoral Act raises presidential campaign expenses to N10bn

AI Summary

Senator Opeyemi Bamidele, the Senate leader, explained that the Electoral Act of 2026 raises the campaign spending limit for the presidential election from N5 billion to N10 billion, and also increases limits for other elective offices. The Act introduces stricter penalties for vote buying, impersonation and result manipulation, including up to two years’ imprisonment and fines. The National Assembly passed the revised Electoral Bill and transmitted it to President Bola Ahmed Tinubu, who signed it into law. The changes are intended to shape the conduct of the 2027 general elections, with INEC mandated to implement electronic result transmission and a digital voter register.

Reliability

Single source: Daily Trust. Treat with caution. Also confirmed by The Nation.