2023: INEC to Spend half a Billion Dollar on Election
In the quest of organizing a credible and fair election during next year's general election, the Independent National Electoral Commission will spend not less than N239. 2bn approximately half a billion-dollar on procuring voting materials and vehicles that will be used in the 2023 general election.
This is according to the 2023 General Election Project Plan that was launched by INEC in Abuja on Thursday.
The commission stated that N239.2bn, which constitutes 78.44 per cent of its N305bn budget, would be spent on 10 critical items which included ballot papers, operational vehicles, ballot boxes, allowances of ad hoc workers, printing of result sheets, logistics and procurement of accreditation devices.
Also included in the N239.2bn budget is the N27.1bn set aside by the commission for possible run-off elections, including the one for the presidential poll.
Run-off elections are conducted in the event that there is no clear winner in a general poll.
The breakdown of the document, 2023 General Election Project Plan, shows that the highest single component will be the procurement of accreditation devices which will gulp N105.2bn. This also constitutes 34.51 per cent of the total election budget of N305bn.
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