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

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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 [Details]