• Contact Us
  • About Us
Thursday, June 19, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

INEC: Senate passes N189bn election budget

metro by metro
October 11, 2018
in News
0
Senate
0
SHARES
0
VIEWS

SenateThe Senate on Thursday passed the sum of N234 billion for the Independent National Electoral Commission (INEC) in the 2018 budget.

The figure comprises the N189 billion requested by INEC to conduct the 2019 general elections, and N45 billion provided for the commission under statutory transfer.

Read Also

Kayode Akinyemi Loses Mother

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

The lawmakers approved that the N189 billion be vired from both recurrent and capital components of the Special Intervention Programme captured in the Service Wide Vote of the 2018 Appropriation Act.

The News Agency of Nigeria (NAN) reports that the passage of the budget followed the presentation of the report of the Committee on Appropriation chaired by Sen. Danjuma Goje.

Goje said that the committee considered President Muhammadu Buhari’s request for N242 billion for INEC and security agencies to conduct the election.

He said the executive allocated N143 billion for INEC from virement in the 2018 budget without specifying the source of the virement.

The committee, according to him, recommended that the money be vied from the Special Intervention Programme under the Service Wide Vote of the 2018 Appropriation Act.

Goje said in making the recommendation, the committee took into account report of the Joint Senate and House of Representatives Committee on INEC which met with the commission during the just-ended National Assembly recess.

He said the final report that would cover the security agencies’ components of the N242 billion election’s budget would be presented in the next legislative day.

Commenting on the report, the Deputy President of the Senate, Ike Ekweremadu, observed that Buhari’s letter to the Senate on election funding came holistically, comprising the requests of INEC and the security agencies.

“The issue of INEC has been settled, and we are told that the Committee on Appropriation will be meeting with the security agencies this afternoon.

“This being an interim report, I would like to suggest this report and the report on the request of the security agencies be consolidated into one report, more so when it came as a single report from the president.

“This is important so that we have a single report next week and be able to pass it as a single request, because if we separate it now it will cause confusion.’’

However, other senators, including Kabiru Gaya, Ahmed Lawan and Ibrahim Gobir, countered Ekweremadu and called for immediate passage of the INEC budget due to its urgency.

The President of the Senate, Bukola Saraki, thereafter put the committee’s recommendations to a voice vote and it was approved by the lawmakers.

Tags: INEC
Previous Post

Kaduna Govt. recruits 75 budget officers

Next Post

NAICOM dissociates itself from trending Ponzi scheme, warns Nigerians

Related Posts

Kayode Akinyemi Loses Mother
News

Kayode Akinyemi Loses Mother

June 16, 2025
Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 
News

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

June 12, 2025
Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General
News

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

June 12, 2025
Trump
News

Protests Spread Across US Despite Trump’s Threats

June 12, 2025
Next Post

NAICOM dissociates itself from trending Ponzi scheme, warns Nigerians

Zenith Bank

Zenith Says Dividend Freeze, Temporary, Exits CBN Forbearance Arrangements By End Of June, 2025

June 18, 2025

Angola to Host ATIDI’s 25th Annual General Meeting as Africa’s Multilateral Insurer Marks 25 years of Impact

June 18, 2025
CBN

CBN’s Forbearance Policy, CRR, LRR May Threaten Banks’ Lending, Proposed $1tn Economy

June 18, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version