Buhari Tells National Assembly That 2019 General Elections Will Cost N242.4bn [Details]

Buhari Tells National Assembly That 2019 General Elections Will Cost N242.4bn President Buhari has said that the 2019 general elections will be costing about 242.4 billion Naira. The President said this today in a letter sent to the National Assembly, seeking that the funds be drawn from the 2018 and 2019 budgets. In the letter he explained that implementing a budget of 9.12 trillion Naira for 2018 will be extremely challenging and does not consider it expedient, to increase it to accommodate the funds needed for the 2019 general elections. click next page below to continue reading; He had earlier criticised the National Assembly for reducing allocations for some projects and including thousands of projects into the budget without consultation with the Executive. According to him, the National Assembly made cuts amounting to N347 billion in the allocations to 4,700 projects submitted to them for consideration and introduced 6,403 projects of their own amounting to N578 billion. “Many of the projects cut are critical and may be difficult, if not impossible, to implement with the reduced allocation. He has, therefore, asked the National Assembly to transfer the funds appropriated for the new projects which are inserted in the 2018 budget to cover the sum of 228.8 billion Naira for the elections. The President also noted that the balance will be provided in the 2019 budget. See below a proposed budget for the 2019 election The total amount for the 2019 general elections 2018 supplementary – N164, 104, 792, 065 2019 budget – N78, 314, 530, 535 Total – N242, 445, 322, 600 Office of the National Security Adviser 2018 supplementary – N3, 855, 500, 000 2019 budget – 426, 000, 000 Total – 4, 281, 500,000 INEC 2018 supplementary – N143, 512, 529, 445 2019 budget – N45, 695, 015,438 Total: N189, 207, 544, 893 NSCDC 2018 supplementary – N1, 845, 597, 000 2019 budget – N1, 727, 997, 500 Total – N3, 573, 534, 500 Nigeria Police 2018 supplementary – N11, 457, 417, 432 2019 budget – N19, 083, 900, 000 Total – N30, 541, 317, 432 NIS 2018 supplementary – N530, 110, 078 2019 budget – N2, 098,033, 142 Total – N2, 628, 143, 320 DSS 2018 supplementary – N2, 903, 638, 000 2019 budget – N9,309,644,455 Total – N12, 213, 282, 455 Buhari Tells National Assembly That 2019 General Elections Will Cost N242.4bn

Buhari Tells National Assembly That 2019 General Elections Will Cost N242.4bn [Details]

Buhari Tells National Assembly That 2019 General Elections Will Cost N242.4bn [Details]

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