47. Do political parties have to report regularly on their finances?

"(1) Every political party shall, at such times and in such manner as the independent National Electoral Commission may require, submit to the Independent National Electoral Commission and publish a statement of its assets and liabilities.
(2) 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. 
Section 225 (1) and (2) of the Constitution of the Federal Republic of Nigeria 1999."

Annual reports.