The Independent National Electoral Commission (INEC) said it will probe the TraderMoni micro-credit scheme of the Federal Government for possible violation of campaign financing.
This Followed the loud outcry against the Trader Moni scheme anchored by the Vice President, Prof. Yemi Osinbajo, which many describe as vote buying scheme.
INEC Chairman, Professor Mahmood Yakubu, hinted this during a parley with newsmen where he raised several concerns about vote buying by some politicians.
He said the electoral body was aware of the controversy trailing the TraderMoni, stressing that they would investigate the scheme for possible violation of campaign finance laws.
According to Yakubu, the commission would study public comments on the scheme and assess whether or not the government violated the campaign finance laws.
He revealed that INEC has a mechanism for tracking campaign finance violations by the candidates and various political parties in the country.
This development comes amid accusations by individuals and groups, including civil society organisations who described the scheme as a form of vote-buying.