Wednesday 18 July 2018

We will need N242bn for 2019 elections, Buhari writes Senate

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President Muhammadu Buhari has written to the National Assembly seeking approval for the sum of N242 billion to fund the February 2019 general elections.

Of the total sum, N228, 854,008,215 would be vired from the controversial N578.319 billion, allegedly inserted into the budget by the National Assembly.
The existing N49 billion for the Independent National Electoral Commission (INEC) in the 2018 budget, will form part of the money being requested.
According to a letter read on the floor of the Senate, yesterday by Bukola Saraki, INEC is expected to get N189.2 billion, the Office of the National Security Adviser (ONSA) N4.2 billion and the Department of State Services N12.2 billion.
The Nigerian Security and Civil Defence Corps (NSCDC) will get N3.573 billion, the Nigeria Police Force (NPF) N30.541 billion, and the Nigeria Immigration Service (NIS) N2.628 billion.
The request was contained in a letter addressed to the President of the Senate, dated July 11 and personally signed by Buhari.
The letter indicated that Buhari requested that out of the needed figure, N164.10 billion should be provided through virement or supplementation of 2018 Budget.


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