INEC Finds N100bn Is Inadequate For 2023 Polls, Considered Only The First Tranche

mahmood yakubu

On Friday, the Chairman of the Independent National Electoral Commission, or INEC, Prof. Mahmoud Yakubu, stated that the N100bn approved to conduct the 2023 general elections was not enough. To solve this issue, the possibility of a supplementary budget was already in discussion by the electoral umpire.

Previously, the committees had approved N100bn for the 2023 polls and N40bn for the 2022 agency budget. However, since N189bn was utilized for the 2019 general elections, N100b would only be considered as the first tranche.

“We are already in touch with the Federal Ministry of Finance on the additional requirement for the 2023 general elections,” said Yakubu.

He also added, “We are already in touch with the Federal Ministry of Finance on the additional requirement for the 2023 general elections.”

Additional budget is essential as the polling units have been expanded. New technology, among other new innovations, will be introduced for elections as well.

In the future, the number of registered voters will multiply beyond 84 million – the number for the 2019 general elections. Therefore, some of the things would require four to seven months to process (ahead of the time of usage).

Yakubu broke down the budget into several matters, such as electoral operational and administrative cost (N23.3bn); election technology (N61.1bn); electoral capital cost (N15.4bn); and electoral operational and recurrent cost (N7.3bn).

Aside from that, Yakubu showed that INEC has budgeted N7bn to conduct Ekiti and Osun governorship elections in 2022. The number includes the possibility of runoffs as well.

Source: Mcebiscoo.com

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