58. What sanctions are provided for political finance infractions?

88. Offences in relation to finances of a political party

(1) A Political Party that

(a) holds or possesses any fund outside Nigeria in contravention of section 91(3)(a) of this Act commits an offence and forfeits the funds or assets purchased with such funds to the Commission and on conviction is liable to a fine of not less than 500,000 NGN;

(b) retains any fund or other asset remitted to it from outside Nigeria in contravention of section 91(3)(b) of this Act commits an offence and forfeits the funds or assets to the Commission and on conviction is liable to a fine of not less than 500,000.00 NGN.

91. Limitation on election expenses

[…]

(9) An individual or other entity shall not donate more than 1, 000,000 NGN to any candidate.

(10) A candidate who knowingly acts in contravention of this section commits an offence and on conviction is liable in the case of -

(a) Presidential election, to a maximum fine of 1,000,000 NGN or imprisonment for a term of 12 months or both;

(b) a Governorship election to a fine of 800,000.00 NGN or imprisonment for a term of 9 months or both;

(c) Senatorial election in the National Assembly election to a fine of 600,000.00 NGN or imprisonment for a term of 6 months or both;

(d) House of Representatives election in the National Assembly election, to a fine of 500,000 NGN or imprisonment for a term of 5 months or both;

(e) a State House of Assembly election to a fine of 300,000 NGN or imprisonment for a term of 3 months or both;

(f) in the case of Chairmanship election, to a fine of 300,000 NGN or imprisonment for a term of 3 months or both; and

(g) Councillorship election, to a fine of 100,000 NGN or imprisonment for a tern of one month or both.

(11) An individual who knowingly acts in contravention of subsection (9) shall, on conviction, be liable to a maximum fine of 500,000 NGN or imprisonment for a term of 9 months or both.

(12) An accountant who falsifies, conspires or aids a candidate to forge or falsify a document relating to his expenditure at an election or receipt or donation for the election or in any way aids and abets the breach of the provision of this section of this Act commits an offence and is liable on conviction for imprisonment for a term of 10 years.

92. Election expenses of political parties

[…]

(7) Apolitical party that incurs election expenses beyond the limit stipulated in this Act commits an offence and is liable on conviction to a maximum fine of 1,000,000 NGN and forfeiture to the Commission of the amount by which the expenses exceed the limit set by the Commission.

130. Undue influence

A person who -

(a) corruptly by himself or by any other person at any time after the date of an election has been announced, directly or indirectly gives or provides or pays money to or for any person for the purpose of corruptly influencing that person or any other person to vote or refrain from voting at such election, or on account of such person or any other person having voted or refrained from voting at such election; or

(b) being a voter, corruptly accepts or takes money or any other inducement during any of the period stated in paragraph (a) of this section, commits an offence and is liable on conviction to a fine of 100,000 NGN or imprisonment for a term of 12 months or both.

Electoral Act, 2010

Electoral Offences and Penalties, https://www.inecnigeria.org/wp-content/uploads/2019/02/ELECTORAL-OFFENCES-AND-PENALTIES-latest-FEBRUARY-2019.pdf