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

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

Screenshot 406 Screenshot 406
Crime Watch20 hours ago

VIDEO: Invasion of Ikeja Electric By Nigerian Air Force Exposed On CCTV Camera

Armed Air Force officers invaded Ikeja Electric offices in Lagos, assaulting employees over the disconnection of their base due to...

Fubara and rivers assembly Fubara and rivers assembly
Politics21 hours ago

FULL TEXT: Rivers Assembly’s Accusation Against Fubara, Deputy

The Rivers State House of Assembly has accused Governor Siminalayi Fubara and Deputy Governor Ngozi Odu of gross misconduct.

Siminialayi Fubara Siminialayi Fubara
Politics21 hours ago

BREAKING: Rivers Assembly Move To impeach Gov. Fubara, Deputy

The Rivers State House of Assembly has initiated impeachment proceedings against Governor Siminalayi Fubara...

20250316 193609 20250316 193609
Sports2 days ago

Newcastle Defeat Liverpool 2-1 to Win First Major Trophy in 70 Years

Newcastle United defeated Liverpool 2-1 in the Carabao Cup final, securing their first major trophy since 1955.

Natasha Akpoti Natasha Akpoti
Politics2 days ago

Senator Natasha Akpoti Raises Alarm Over Plot to Arrest Her on Return to Nigeria

Senator Natasha Akpoti fears arrest upon returning to Nigeria after accusing Senate President Godswill Akpabio of sexual harassment at an...

at airport at airport
News2 days ago

FULL LIST: Food Items Nigerians Are Not Allowed To Bring To The UK

Nigerian travelers to the UK face strict food import restrictions, including bans on meat, dairy, fresh fruits, and certain seafood.

VerseNews VerseNews
News2 days ago

VIDEO: NYSC Threatens Corps Member for Criticizing Tinubu’s Government, Hardship in Nigeria

NYSC Lagos allegedly threatened a corps member for criticizing Tinubu’s government and lamenting economic hardship in a viral TikTok video.

BREAKING: Presidency Uncovers Plot By Sub-Regional Forces To Destabilize Nigeria BREAKING: Presidency Uncovers Plot By Sub-Regional Forces To Destabilize Nigeria
Politics3 days ago

2027: Northern Political Forces Plot to Unseat Tinubu, Accuse Him of ‘Use and Dump’

Powerful northern political forces are plotting to unseat President Tinubu in 2027, accusing him of sidelining key northern and Islamic...

el rufai obi atiku el rufai obi atiku
Politics3 days ago

El-Rufai Seeks Opposition Alliance, Invites Atiku, Obi, Others to Join SDP

El-Rufai has urged Atiku, Obi, Amaechi, and Aregbesola to join the SDP, citing disappointment with Tinubu’s leadership.

via via
Travel3 days ago

5 Countries Nigerians Can Travel with Easier Visa Processes (FULL LIST)

Here are full list of countries Nigerians can travel with easier visa processess.

Advertisement