We Need More Than N100bn To Conduct 2023 Elections – INEC

The Independent National Electoral Commission, INEC has declared that it needs more than N100bn to conduct the 2023 general elections in Nigeria.

The Chairman of the commission, Professor Mahmood Yakubu disclosed this in Abuja on Friday while appearing before the National Assembly Joint Committee on INEC and Electoral Matters to defend INEC’s 2022 budget figures.

He explained that INEC has already made its mind known to the Federal Ministry of Finance on the matter, stating that they are ready to defend the figures.

Yakubu added that the scheduled governorship elections in Ekiti and Osun States would gulp N7billion as well breaking it down as N2.6bn for Ekiti and N4.4bn for Osun.

The INEC boss said: “The N100billion is the first tranche of funds for the 2023 general elections while N40billion is our normal budget for 2022. N189billion was appropriated for the 2019 general elections. So, it cannot be N100billion only for 2023.

“We are already in touch with the Federal Ministry of Finance on the additional requirements for the 2023 general elections

“Either we come to the National Assembly to defend the budget before the committee or we would do what we did in 2019 when the executive just submitted the proposal to the National Assembly and we came to defend it.

“We would need more money because we’ve expanded our polling units and we are introducing new technology for elections among many other new innovations.

“The number of registered voters will increase beyond the 84 million for the 2019 general elections.

“Some of the things we needed would require four months, some five months while some would require seven months.

“We will start early preparations now that we have the money early enough and we will just procure sensitive materials for the election.

“We hired 34,000 vehicles for the 2019 elections so we have plans to also outsource the material distribution in 2023 because we can not afford the cost of buying such huge number of vehicles and engage the drivers that would drive them.”

He added that “We also budgeted N7bn for the conduct of Ekiti and Osun governorship election including the possibility of runoffs.

“We made a provision of N2.6bn for Ekiti State with a population of over one million registered voters and N4.4bn for Osun with 30 local government areas.

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