Categories: Politics

Reps Increases Presidential Campaign Spending Limit From N5bn To N10bn

The House of Representatives has approved higher campaign spending limits for candidates running for elective offices in Nigeria.

The decision was made on Thursday during a plenary session, following a detailed review of proposed changes to the Electoral Act 2022.

Under the new rules, presidential candidates can now spend up to N10 billion on their campaigns, double the previous limit of N5 billion.

Gubernatorial candidates can spend as much as N3 billion, up from N1 billion, while senatorial candidates’ limit has increased from N100 million to N500 million.

The spending cap for House of Representatives candidates has been raised from N70 million to N250 million.

For state house of assembly elections, the limit is now N100 million, up from N30 million.

[irp]

At the local government level, candidates for chairmanship positions can spend up to N100 million, while councillorship candidates’ limit has increased from N5 million to N10 million.

Lawmakers also approved a higher donation limit for individuals and groups supporting candidates, increasing it from N50 million to N500 million.

These changes are part of ongoing efforts to update the electoral law ahead of the 2027 elections.

On Wednesday, the House also approved a proposal requiring real-time transmission of election results.

The amendments will take effect once the Senate approves them and the president signs them into law.

KanyiDaily also reported that the house of representatives want the federal government to team up with states to control how much landlords can charge for rent.

[irp]

Tobias Sylvester

Tobias Sylvester is the news editor for Kanyi Daily News and is based in Lagos. Contact Tobias at editor@kanyidaily.com. Got a confidential tip? Submit it here

Recent Posts

World Bank says Luanda may overtake Lagos by 2050

LAGOS, Nigeria — Lagos could lose its position as Sub-Saharan Africa’s most populous city to…

22 hours ago

Tinubu defends $21.7 billion in loans as infrastructure

ABUJA, Nigeria — President Bola Tinubu has defended his administration’s borrowing plans, arguing that loans…

22 hours ago

eTranzact leads tech stocks with 10% gain as market rises

LAGOS, Nigeria — The Nigerian equities market rose on Thursday, October 29, 2026, with the…

22 hours ago

Court jails land-fraud official for seven years

ABUJA, Nigeria — The High Court of the Federal Capital Territory has convicted and sentenced…

2 days ago

Only 59% of banks, fintechs ready for data localisation

ABUJA, Nigeria — Only 59% of banks, fintechs and other financial institutions in Nigeria are…

2 days ago

UK backs $335,000 network for women-led businesses

LAGOS, Nigeria — The United Kingdom Government has committed $335,000 to establish the RiTA Investment…

2 days ago