N305bn needed to conduct 2023 elections – INEC Chairman discloses

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The Chairman of the Independent National Electoral Commission (INEC), Professor Mahmood Yakubu disclosed that the commission will need N305 billion to conduct the 2023 general elections.

He stated this during a meeting with the Senate Committee on Appropriation at the National Assembly on Monday, December 20.

He explained that the amount will enable the commission to prepare for the election and purchase all the election materials needed and also cover several bye-elections across the country.

He added that the commission has already received N100 billion out of the required amount for the elections.

”For the 2023 general elections, we have made a submission on the basis of the N100 billion as a one-line item plus the N40 billion in the 2022 ppropriation bill and then and then there is the outstanding N205 billion, What we have done is to look at activities that we need to conduct before the general elections,” the chairman said.