4. Is there a ban on corporate donations to candidates?
Nigeria
Source: International IDEA, Political Finance in the Digital Age – Nigeria.
As of December 22nd, 2023, the case study by Victor Adetula has not yet been published. Once it does, you can add the source in the comment visible to the public. Most of the sentences come from the section ‘Effectiveness of the regulatory frameworks.’
Technically, legal entities cannot donate at all. However, the status and role of entities concerning political donations is unclear. More precisely, the legislation does not seem to allow donations from legal persons, especially corporations. It only allows natural persons. Nevertheless, Section 88 (8) of the Electoral Act 2022 states, "No individual or other entity shall donate to a candidate more than N50,000,000." Likewise, the Commission’s Regulations and Guidelines for Political Parties, 2022, Part 5 Section 45 (3-5), allows for individual or entity contributions. Thus, the legislation remains contradictory.