The Independent National Electoral Commission (INEC), has budgeted a total sum of N355 billion for next year’s polls in its 2023 fiscal year budget.
Professor Mahmoud Yakubu, INEC Chairman, had in December 2021 told the National Assembly that it would require N305 billion as projected expenditure for the 2023 elections.
Yakubu made the disclosure when he appeared before the Senator Barau Jibrin, APC, Kano North-led Senate Committee on Appropriations.
Consequently, N305 billion was approved for the conduct of the 2023 general elections by the National Assembly.
However, during his 2023 Budget estimates defence on Tuesday before the Senator Kabiru Gaya, APC, Kano South led Senate Committee on INEC, the INEC boss said that the Electoral body has budgeted another N50 billion for its annual budget in 2023, an increment of N10 billion compared to 2022 budget which was N40 billion as approved by the National Assembly.
In the 2023 budget submitted to the Senate Committee on INEC for consideration, N2.6 billion was earmarked for off-season elections like Kogi, Imo and Bayelsa Governorship elections.
According to INEC, the N2.6 billion would be expended on provisions for elections, referenda and recalls expenses such as; Operation dept cost covering, printing of ballot papers, result sheets, printing of forms and Envelopes, materials and supplies, logistics expenses, honorarium for officials, supervision, RAC preparation, security /intervention support, etc
“Election ICT system support, printing of voters’ register for off season and bye-elections, F$A Election fund management logistic.”
According to INEC, in the 2023 Budget of the agency, N50 million will be spent to buy firefighting equipment, Motor Vehicles – N150 million, N250 million to repeat offices and residential buildings.
