President Muhammadu Buhari on Tuesday said the 2019 general elections will cost the country about N242.4 bn.
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 N9.12tn 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 N228.8bn for the elections while the balance will be provided in the 2019 budget.
Below is the 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