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2025: INEC Rejects N40 Billion Allocation, Proposes N126 Billion

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January 11, 2025
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2025: INEC Rejects N40 Billion Allocation, Proposes N126 Billion

by George Humphrey
January 11, 2025
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2025: INEC Rejects N40 Billion Allocation, Proposes N126 Billion
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…Says Elections In Nigeria Have Become Huge Burden

The Independent National Electoral Commission, INEC, has rejected N40 billion earmarked for it as 2025 budget estimates but tacitly got approval for the N126 billion it proposed to the National Assembly through its joint committee on INEC and Electoral Matters.

The Chairman, Professor Mahmood Yakubu rejected the N40 billion yearly budget envelope for the electoral body during it budget defence session in Abuja.

The INEC boss in his presentation before the joint committee chaired by Senator Sarafadeen Alli, APC Oyo South, said elections in Nigeria, have become huge burden requiring adequate funding.

“Our proposal for the 2025 budget, the provision requires the sum of over N126 billion. We have the document that has provided details line by line on how we intended to spend the 126 billion” he added.

“We would like the support of the National Assembly to enable us achieve our responsibilities in the first line charge and most of these responsibilities are constitutional”

“In a nutshell, the N40 billion budget envelope given to us for 2025, will not cover 1/3 of projected expenses which totally amounts to over N126 billion.

“Aside the off – cycle elections for 21 constituencies to be filled through bye – elections and the Anambra Governorship election this year, personnel cost alone on account of new minimum wage, will eat up the N40 billion budgetary envelope”

He added that the inadequacy of the N40 billion budget envelope made the electoral body to get intervention funds of N10.5billion for Edo and Ondo elections in 2024 and another N500 million for bye – elections on affected constituencies in 2024.

Apparently convinced by the proposal of INEC, members of the joint committee, one after the other, assured the electoral body that the proposed sum, shall be appropriated for in the 2025 fiscal election.

Specifically, Senator Ireti Kingibe, LP FCT, said the situation at hand is not about looking for the N126 billion for INEC in 2025 fiscal year but providing it.

The joint committee there after, went into closed door session with the INEC Chairman and Federal Commissioners on how to source for the fund and appropriate it in the 2025 budget.

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