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.

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.

“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.”

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.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

otega evicted1 otega evicted1
Big Brother Naija3 days ago

BBNaijaS10: Otega and Kayikunmi Evicted From the Reality Show

Otega and Kayikunmi have been evicted from Big Brother Naija Season 10, leaving 24 housemates in the race for the...

terrorists terrorists
News3 days ago

How Nigerian Forces Captured ‘Terrorist Leaders’ Abu Bara and Mallam Mamuda, Details Emerge

Nigeria has dealt a heavy blow to terrorists with the capture of “Ansaru leaders” Abu Bara and Mallam Mamuda.

Victory BBNaija Victory BBNaija
Big Brother Naija3 days ago

BBNaijaS10: Victory Exposed as Love Triangle With Gigi Jasmine and Sultana Explodes

Victory’s shifting confessions have left Gigi Jasmine embarrassed and Sultana calling out his reckless game.

CAR Nigerian rescued victims 1 CAR Nigerian rescued victims 1
News4 days ago

‘We Were Sexually Abused by Our Chinese Employers in CAR – Rescued Nigerian Workers Cry Out

Twelve Nigerian workers rescued from the Central African Republic have alleged that their Chinese employers sexually abused them while also...

vote buyers vote buyers
Politics4 days ago

Police Apprehend Suspected Vote Buyer with ₦25.9m in Kaduna

Police in Kaduna have apprehended a suspected vote buyer, Shehu Aliyu Patangi, with ₦25.9 million just hours before Saturday’s by-elections.

Aregbesola Aregbesola
Politics6 days ago

‘Make ADC Your Weapon to Remove APC Government’ – Aregbesola Tells Nigerians

Rauf Aregbesola has urged Nigerians to “make ADC your weapon to remove the failed APC government” in 2027...

nnamdi kanu wife versenewsnigeria 3 nnamdi kanu wife versenewsnigeria 3
News6 days ago

Nnamdi Kanu’s Wife in Critical Condition Following Surgery Amid Husband’s Continued Detention (Photos)

Uchechi Okwu Kanu, wife of detained IPOB leader Nnamdi Kanu, is reportedly in critical condition after undergoing surgery...

PresidentTinubu PresidentTinubu
Education6 days ago

FG Places Seven-Year Ban on New Federal Universities, Polytechnics, Colleges

FG has banned new federal tertiary institutions for seven years over low enrolment and wasted resources, approving nine private universities...

comfort versenews nigeria comfort versenews nigeria
Celebrity Gist7 days ago

Delta Governor’s Aide Offers Comfort Emmanson Paid Trip, N500k Job After Prison Release

Delta Governor’s aide Ossai Ovie Success has offered Comfort Emmanson an all-expenses-paid trip to Delta State and a N500,000 monthly...

paris saint germain celebrates 2508 g 1200 paris saint germain celebrates 2508 g 1200
Sports7 days ago

UEFA Super Cup: PSG Storm Back to Sink Spurs in Penalty Shoot-Out After 2-2 Draw

PSG came from two goals down to beat Spurs 4-3 on penalties after a 2-2 draw, with debut goalkeeper Lucas...

Advertisement