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

Blog Photo Template Blog Photo Template
Health6 minutes ago

10 Surprising Health Benefits of Sex That Go Far Beyond Pleasure

Sex is often associated with pleasure and intimacy, but research suggests it may also offer a range of health benefits.

Customs CB Adeniyi Bashir Customs CB Adeniyi Bashir
News6 minutes ago

Tinubu Extends Customs Boss Adewale Adeniyi’s Tenure by Six Months

President Bola Tinubu has approved a six-month extension of the tenure of Nigeria Customs Service Comptroller-General, Adewale Adeniyi...

Benefits of Period Sex Benefits of Period Sex
Health7 minutes ago

Period Sex: Is It Safe, and Are There Any Benefits?

For some couples, sex during menstruation is completely off the table, while for others, it's just another part of their...

dollar dollar
Business7 minutes ago

Nigeria’s Foreign Reserves Hit 17-Year High, Cross $51 Billion

Nigeria’s external reserves have climbed to $51.04 billion, their highest level in about 17 years, driven by stronger foreign exchange...

IGP Disu addressing press IGP Disu addressing press
News11 hours ago

IGP Disu Replaces Police Spokesman Three Months After Appointment, Names New FPRO

Inspector-General of Police Olatunji Disu has approved the appointment of CSP Anietie Okokon Edem Iniedu as the new Force Public...

WhatsApp nnamdi WhatsApp nnamdi
News11 hours ago

Ohanaeze Clarifies Position, Reveals ‘Authentic’ IPOB Leader After Purported Suspension of Nnamdi Kanu

Ohanaeze Ndigbo Worldwide has dismissed reports that IPOB leader Nnamdi Kanu has been suspended, describing the claims as unofficial and...

bandits bandits
News11 hours ago

BREAKING: ‘Repentant’ Bandits Kill Grandson of District Heads, Abduct Nine Others in Fresh Kaduna Attacks

Suspected ‘repentant’ bandits have killed a commercial driver and kidnapped nine people in two separate attacks in Kaduna State.

the lady the lady
Entertainment11 hours ago

26-Year-Old Ghanaian Lawyer Dies After Collapsing During Ghana’s World Cup Victory Celebrations

A young Ghanaian lawyer, Sara Araba Tettey, has tragically died after reportedly suffering a cardiac arrest while celebrating Ghana’s victory...

akpabio akpabio
Politics12 hours ago

‘We Did Not Promise You Miracles That Would Appear from Thin Air’: Akpabio Tells Nigerians

Senate President, Godswill Akpabio, says the All Progressives Congress, APC, administration never promised Nigerians instant miracles.

Tukur Buratai Tukur Buratai
News15 hours ago

Governors, Senators, Ministers Are Next Targets of Terrorists – Buratai Warns

Former Chief of Army Staff, Lt.-Gen. Tukur Buratai (retd.), has warned that Nigeria’s security crisis could escalate further if urgent...

Advertisement