Section 87: Power to limit Contribution to a Political Party.

(1) The Commission shall have power to place limitation on the amount of money or other assets which an individual can contribute to a political party or candidate and to demand such information on the amount donated and source of the funds.
(2) Any individual, candidate or political party who exceeds the limit placed by the Commission in subsection (1), commits an offence and is liable on conviction to –
(a) in case of a political party, a fine not more than N10,000,000 and forfeiture of the amount donated; and
(b) in case of an individual, a fine of five times the amount donated in excess of the limit placed by the Commission.