A Bill for an Act to provide for the establishment of an Independent Authority for the registration, regulation, and funding of political parties in Nigeria has scaled second reading in the House of Representatives.

The bill seeks to establish a dispute tribunal and regulate the funding of political parties as well as utilisation of the funds.

The bill, which was sponsored by the Speaker of the House, Tajudeen Abbas, and another lawmaker, Marcus Onobun, further seeks to ensure transparency and a stable democracy.

The roles to be performed by the new independent authority are currently the responsibilities of the Independent National Electoral Commission (INEC).