NEWS

2023 Fundraising: Atiku, Tinubu, Obi In fresh crises

<h4>2023 Fundraising&colon; Atiku&comma; Tinubu&comma; Obi In fresh crises<&sol;h4>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a> <&sol;strong>reports that as preparations for 2023 general election campaigns gain momentum with candidates deploying technology to drive political campaign funding&comma; Atiku Abubakar of the Peoples Democratic Party&comma; PDP&comma; Bola Ahmed Tinubu of the All Progressives Congress&comma; APC and Peter Obi of the Labour Party&comma; LP may face fresh challenges in raising funds through online channels as TikTok has banned political accounts from fundraising&period;<br &sol;>&NewLine;According to information&comma; TikTok&comma; the social media app owned by ByteDance Ltd&period;&comma; is banning fundraising and all other moneymaking opportunities for politicians and government accounts on the platform&period;<br &sol;>&NewLine;The short-video network already prohibits political ads&comma; including any paid-for posts by influencers&period;<br &sol;>&NewLine;The new policies will additionally bar requests for donations&comma; e-commerce capabilities and accepting gifts from users&period;<br &sol;>&NewLine;Political accounts will automatically be ineligible for making money through TikTok’s Creator Fund&comma; according to a statement from the company’s president of global business solutions&comma; <a href&equals;"https&colon;&sol;&sol;www&period;vanguardngr&period;com&sol;">Blake Chandlee&period;<&sol;a><br &sol;>&NewLine;Though the move is in anticipation of the US midterm elections&comma; which will provide a fresh test for social media companies and their ability to maintain a neutral stance as debates &&num;8212&semi; and potentially coordinated influence campaigns &&num;8212&semi; rage on their services&comma; it is&comma; nonetheless&comma; going to affect Nigerian 2023 presidential candidates in view of the heavy reliance on Tik Tok and other social media channels to raise funds for the election&period;<br &sol;>&NewLine;&OpenCurlyDoubleQuote;By prohibiting campaign fundraising and limiting access to our monetization features and verifying accounts&comma; we’re aiming to strike a balance between enabling people to discuss the issues that are relevant to their lives while also protecting the creative&comma; entertaining platform that our community wants&comma;” Chandlee said in the statement&period;<&sol;p>&NewLine;

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