The Independent National Electoral Commission (INEC) has proposed the sum of N126 billion for its 2025 budget.
The Chairman of the Commission, Prof Mahmood Yakubu, made the presentation while defending the 2024 budget implementation before the National Assembly on Friday.
He pleaded with the National Assembly to approve the 2025 budget which is nearly three times the size approved last year.
“Our proposal for 2025; the Commission requires the sum of N126 billion. So, we will like the support of the National Assembly members to ensure that we are adequately funded for the responsibilities we are required to discharge, and most of these responsibilities are constitutional, they are not just in the Electoral Act,” Prof Yakubu said.
Prof Mahmood Yakubu expressed concerns over the high cost of conducting elections in Nigeria, describing it as exorbitant and burdensome.
He highlighted that despite INEC being one of the largest employers in the country, it operated on a reduced budget of N40 billion last year, significantly lower than the N80 billion initially requested.
He emphasized the financial strain this has placed on the commission’s ability to carry out its responsibilities effectively.
In a bid to address these challenges, he appealed to the lawmakers to organize a retreat where both the legislature and INEC could collaborate, exchange ideas, and find solutions to the pressing issues affecting the electoral process in Nigeria.
“We need a major conversation, the commission cannot continue conducting elections all year round,” he said.
