Connect with us

News

2024 Budget: ‘It’s Too Poor’, INEC Chairman, Yakubu Rejects N40bn Allocation Wants N89bn

Yakubu warned that insufficient funds might jeopardize the 2024 off-season governorship elections…

Published

on

INEC Yakubu VerseNews
INEC Chairman Prof. Mahmood Yakubu

The Independent National Electoral Commission (INEC) has rejected the allocated budget of N40 billion, deeming it grossly inadequate for its operational needs.

VerseNews reports that INEC Chairman Prof. Mahmood Yakubu presented a draft proposal of N89 billion to the Senate Committee on INEC during a budget defense meeting, explaining that the N40 billion would only cover personnel costs, leaving little for capital, electoral, and overhead expenses.

Yakubu warned that insufficient funds might jeopardize the 2024 off-season governorship elections in Edo and Ondo states and National Assembly bye-elections in Ebonyi South, Yobe East, and other constituencies.

Advertisement

He emphasized the need for adequate funding to ensure staff welfare, conduct continuous voter registration, monitor primaries, and address various operational costs.

Mahmood said: “Our first priority is staff welfare; it goes beyond that, but it is a matter of human rights. But associated with the payment of salaries are the social contributions, the National Health Insurance Scheme (NHIS), group life insurance, employees compensation scheme and so on. When we pay salaries and social contributions, there is nothing for any other activity again, including the forthcoming governorship elections coming up next year in Edo and Ondo states.

“We also do electoral activities in February next year in which parties will commence the primaries for the governorship elections, and we have to be there to monitor the primaries. We have to do continuous voter registration, and make the cards available long before the elections, and there’s no provision for that. The Ondo primary will begin in April, and there’s no provision for that.

Advertisement

“By the time you talk about the DTA as provided by circular and you convert it to Naira and kobo, it crashes, given the exchange rate. So, under the overhead, we pay for all these, including issues like diesel for our generators because sometimes, we are almost always on generator not only in our conferences but also in our ICT server room.

“As a substitute to the inadequate N40 billion, the INEC chairman submitted another expenditure proposal of N89 billion, which was tagged as the actual need of the commission.

“We have submitted proposal C, which shows that we actually need N89 billion. So as I said, our budget for 2023 is practically N68 billion, so the difference actually is N21 billion, not N49 billion, and we have given a breakdown on how we intend to spend the money.”

Advertisement
WhatsAppCOnnect

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

Senate Approves Death Penalty For Drug Traffickers Senate Approves Death Penalty For Drug Traffickers
Education7 hours ago

Senate Queries  WAEC, Education Minister Over New SSCE Guidelines

Senate have raised concerns that sudden changes to SSCE subject requirements could cause mass failure in 2026, urging that the...

unijos police unijos police
News8 hours ago

Policeman Sentenced to Death by Hanging for killing UNIJOS Student

A Plateau High Court has sentenced Sgt. Ruya Auta to death for the killing of University of Jos student...

Adeleke of Osun Adeleke of Osun
Politics9 hours ago

‘Why I Joined Accord Party’ – Governor Adeleke Explains

Governor Ademola Adeleke says his move to the Accord Party is based on welfare-focused policies and the need to secure...

adeleke adeleke
Politics9 hours ago

BREAKING: Osun State Governor, Ademola Adeleke Joins Accord Party

Osun State Governor Ademola Adeleke has officially joined the Accord Party and announced he will seek re-election on its platform...

peace pact peace pact
Politics10 hours ago

‘PDP Failed to Protect Me’ – Fubara Breaks Silence Over APC Defection

Governor Siminalayi Fubara has defected from the PDP to the ruling APC, saying the President offered the support and protection...

Igbo Igbo
Politics10 hours ago

Igbo Leaders Condemn Nnamdi Kanu’s life Sentence Call for Urgent U.S. Intervention

The Igbo Leaders of Thought say Nigeria is drifting toward collapse and are calling for urgent international action....

bandits gumi bandits gumi
News10 hours ago

“Nigerian Military Cannot Defeat Bandits”, Sheikh Gumi Makes Shocking Revelation

Sheikh Ahmad Gumi says Nigeria’s armed forces cannot end banditry through force alone and insists that dialogue must form part...

Fubara Reshuffles Cabinet, Reassigns Wike's Allies Fubara Reshuffles Cabinet, Reassigns Wike's Allies
Politics10 hours ago

BREAKING: Rivers State Governor Fubara Defects To APC

Rivers State Governor, Siminalayi Fubara, has defected to the ruling All Progressives Congress from the Peoples Democratic Party.

ecowas ecowas
Politics11 hours ago

ECOWAS Declares State of Emergency Across West Africa

ECOWAS has declared a state of emergency following a wave of coups and attempted takeovers across West Africa.

SHOPRITE 750x375 1 SHOPRITE 750x375 1
News12 hours ago

LIRS Seals Shoprite Ikeja Over Alleged Tax Default

The Lagos State Internal Revenue Service sealed the Shoprite outlet at Ikeja City Mall for alleged failure to meet tax...

Advertisement