INEC Needs N305bn To Conduct 2023 Elections, Says Yakubu

Abiola Olawale
Writer
Thankfully, 2023 Presidential Hopefuls Are Economically Literate

Ad

Okonjo-Iweala Says Economy Now Stable, Next task is Growth

• Urges Tinubu to provide safety nets for Nigerians amid economic reforms By Obinna Uballa  Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has called on President Bola Tinubu to prioritise social safety nets to help Nigerians cope with the hardships arising from his administration’s economic reforms. Speaking to State House correspondents on…

WTO To Appoint Okonjo-Iweala As Director-General Next Week

ADC’s David Mark Warns: Saturday’s By-Elections test of INEC’s Credibility

• Says ADC, a child of necessity By Obinna Uballa National Chairman of the African Democratic Congress (ADC) and two-times Senate President, Senator David Mark, has described the party as “a child of necessity” created from a genuine desire to provide Nigerians with better governance. Speaking in Abuja at a meeting with ADC candidates ahead…

Otti: Why FG’s Approved $125m IsDB loan is Crucial to Abia State

By Obinna Uballa Governor Alex Otti of Abia State has welcomed the approval of a $125 million financing facility from the Islamic Development Bank (IsDB) for the state's Integrated Infrastructure Development Project, describing it as critical and a “landmark milestone” that will drive road reconstruction, tackle erosion, and boost economic growth in the state. Recall…

Ad

Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, has said the commission would need a total of N305 billion to conduct the 2023 General elections as well as other elections in 2022.

Yakubu who spoke during a meeting with the Senate Committee on Appropriation at the National Assembly on Monday, noted that the N305bn will be used to cover the expenses of election materials and other miscellaneous.

The INEC boss noted that the N140 billion earmarked for the commission in the 2022 Appropriation bill is grossly inadequate.

According to him, out of the total N140 billion budgeted for the commission, N40 billion is for the regular budget of the commission, noting that the remaining N100 billion is insufficient for the preparation of the 2023 general elections.

Justifying the increase, the INEC boss said the commission has eight bye-elections pending, including Ekiti and Osun governorship elections before the General elections in 2023.

In his words, “In submitting the executive proposal to the National Assembly, the sum of of N140b was made available to INEC as a one-line item in the budget and as usual we broke it down and submitted same to the committee that oversights INEC in both the House and the senate.

“The N140b was broken into two, we take it that N40b is our regular budget as an agency of Government and N100b was the first tranche of the 2022 budget and we have gone ahead to make provisions accordingly.

”For the N40b annual budget including in that are also elections that we are supposed to conduct particularly off-season elections. It may interest the committee to know that we have 8 bye-election pending; three Federal constituencies and five State constituencies. In fact, the last vacancy occured only last Wednesday following the death of a member representing Jiwa west in Kaduna State.”

Ad

X whatsapp