Home Business Profiles 2019 General Elections To Cost N242.4bn – President Buhari Says
Profiles - July 18, 2018

2019 General Elections To Cost N242.4bn – President Buhari Says

President Muhammdu Buhari included in a letter sent to the National Assembly that the total amount allocated for the 2019 general elections will cost 242.4 billion Naira. He further stated in the letter that the funds be drawn from the 2018 and 2019 budgets.

The President had previously criticized the National Assembly for reducing the allocation of some projects and including thousands of projects in the budget without consulting the executive.

According to him, the National Assembly has cut 347 billion Naira in the credits allocated to the 4,700 projects submitted to them for examination and submitted 6,403 projects for their part for a total of 578 billion Naira. He, therefore, asked the National Assembly to transfer the funds allocated to the new projects included in the 2018 budget to cover the sum of 228.8 billion Naira for the 2019 General elections.

 See below the proposed budget for the 2019 General Elections as indicated in the letter.

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

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