Politics
2019: President Buhari seeks more funds for election
President Muhammadu Buhari has asked the senate to re-allocate N164, 104,792, 65 in the 2018 budget for the expenses of the 2019 election.
Buhari said the Independent National Electoral Commission (INEC) and security agencies have jointly submitted their expenses for the election which totals N242 billion.
In a letter read by Senate President Bukola Saraki on Tuesday, the president asked to lawmakers to provide the funds through “virement or supplementation.”
He said the balance of N78, 340,530, 535 – mostly related to personal expenses – should be put in the 2019 budget.
“As you are aware, the 2019 general election is scheduled to be conducted early in 2019. To ensure that adequate arrangements are made for free and fair election, it has become necessary to appropriate funds to enable the relevant agencies to commence preparations,” the letter read.
“INEC and the security agencies have accordingly recently submitted their requests and these have been subjected to the usual budget evaluation.
“I’m proposing that the sum of N164, 104, 792, 65 be provided for through virement or supplementation of the 2018 budget. I propose that the balance of N78, 340,530, 535 mostly related to personnel allowances, fuelling and other costs not required until election proper be provided in their 2019 budget.”
The president also asked the lawmakers to reinstate “certain cuts made to certain critical projects provided in the original executive bill”.
“I’m therefore submitting for your consideration the reinstatement of most of the most critical of such cuts totaling N67, 742,216,150 which are summarized in page one. The total amount required to be provided for in the 2018 budget for the 2019 general election and to restore the identified critical projects to the amount earlier proposed is therefore N228, 854, 800, 250,” the letter read.
“Implementing a budget of N9.12 trillion for 2018 is extremely challenging and therefore, I do not consider it expedient to propose a further increase.
“Accordingly, I invite the distinguished senate to consider, in the national interest, relocating some of the funds appropriated for the new projects which were inserted into the 2018 budget proposal totaling N 578, 319, 951, 904 to cover the sum of N228, 854,800, 205 required as noted above.”
-
Business1 week agoDangote cuts petrol, diesel prices again to boost affordability, economic activity
-
Politics1 week agoAmuwo Odofin: Umeadi emerges winner of NDC Reps Primary
-
Featured1 week agoPSG edge Arsenal on penalties to retain Champions League crown
-
Health4 days agoSenate hearing set to review research on COVID-19 vaccines, cancer concerns
-
Crime3 days agoLASU student dies after armed robbery attack
-
Comments and Issues7 days agoWhy baby boys outnumber girls at birth
-
Football6 days agoFIFA confirms 10 key law changes for 2026 World Cup
-
Latest5 days agoCG Musa 4 PBAT’ group declares support for Tinubu’s 2027 ambition, cites strategic leadership

