The Independent National Electoral Commission (INEC) has said it will investigate possible violation of campaign finance laws by the Federal Government through its TraderMoni scheme.
Prof. Yakubu Mahmood, INEC Chairman, stated that the electoral body had a mechanism for tracking campaign finance violations by candidates and their parties, adding that INEC would study public comments on the scheme and investigate the Federal Government for possible violation of the campaign finance laws.
Many Nigerians and corporate bodies, including a civil society organisation, Transparency International, had described the TraderMoni scheme, through which the Federal Government gives N10,000 to traders and artisans, as a form of vote-buying.
“This is not a matter for INEC to comment on and I would not comment on that basis. There are so many things people say of partisan nature and INEC doesn’t join in this kind of discussion.
“As far as I’m concerned, we are talking about things happening at the polling units. Yes, we have a mechanism for tracking campaign finance, but this doesn’t fall under campaign finance in terms of expenditure by candidates and parties.
“But I would study all the comments we have heard from people on that particular scheme and see if it’s related to the kind of things that we should be tracking and the Independent National Electoral Commission would track accordingly, ”he said