INEC Finally Adjusts 2019 Election Budget To N143bn

'Dotun Akintomide
Writer

Ad

How Nigeria raked in N7.46 trillion trade surplus in Q2 2025, NBS reveals

By Abiola Olawale The National Bureau of Statistics (NBS) has announced that Nigeria achieved a trade surplus of N7.46 trillion in the second quarter of 2025 (Q2 2025). NBS explained that this figure underscores the country's growing export prowess, particularly in key sectors such as mineral fuels and machinery. The latest NBS report, titled Foreign…

Nigeria Records 15.92 % Inflation In March — NBS

Alleged N23bn fraud: Coalition Blast Ibas as Emergency Rule ends soon

Says Ibas dragged Rivers towards bankruptcy By Abiola Olawale With barely a week remaining until the expiration of the six-month state of emergency in Rivers State, Vice Admiral Ibok-Ete Ibas (retd.), the state's sole administrator, is currently embroiled in an explosive accusation of allegedly orchestrating a massive financial heist amounting to about ₦23 billion. The…

Ad

The Independent National Electoral Commission, INEC, Tuesday adjusted its budget for the 2019 general elections from N189 billion to N143 billion in compliance with the directive from the National Assembly.

Speaking with journalists at the end of a closed-door meeting on Tuesday, Chairman, National Assembly Joint Committee on Electoral Matters, Suleiman Nazif confirmed that INEC has submitted a new budget document reflecting the sum of N143 billion as originally requested by President Muhammadu Buhari.

Nazif said a sub-committee has been established to look into the details of the new budget submitted by INEC.

The sub-committee is expected to complete its assignment on Wednesday.

Also speaking with journalists, Senator Aliyu Sabi (Niger North) stated that the committee is determined to urgently complete work on the election budget.

He denied allegations that the committee was deliberately slowing down the process to frustrate moves to make the National Assembly to reconvene.

Sabi said part of the reason for setting up the sub-committee was to speed up the legislative proccesses for the election budget.

Recall that the joint committee had on Monday ended weeks of deadlock after it reached a decision to adopt President Muhammadu Buhari’s version of the election expenses put at N143 billion; directing INEC to reduce its own version to reflect the wish of the President.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp