2019 General Elections Will Cost N242.4bn – President Buhari releases 2019 election budget

President Buhari on Tuesday, said the 2019 general elections will cost the country about 242.4 billion Naira.

He sent a letter to the National Assembly to seek the approval of the sum which will be drawn from the 2018 and 2019 budgets. In the letter, he explained that implementing a budget of 9.12 trillion Naira in 2018 will be extremely challenging and did not consider it convenient.

Buhari, therefore, urged the lawmakers to transfer the funds appropriated for the new projects which were inserted in the 2018 budget to cover the sum of 228.8 billion Naira for the elections while the balance will be provided in the 2019 budget.

Below is the proposed budget for the 2019 election

Quote
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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s