Buhari transmits 2019 elections budget to Senate - Breaking News in Nigeria today 247 | TheWatchNGR

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Tuesday, July 17, 2018

Buhari transmits 2019 elections budget to Senate


2019 Budget



President Muhammadu Buhari has written to the Senate, detailing that
Nigeria will need N254 billion (N254,445,322,600) to prosecute the 2019
general elections, hence requested the lawmaker to grant approval for
the sum to be drawn from the 2018 and 2019 budgets.









In the letter entitled, ‘Request for virement and supplementary 2018
budget,’ he also urged the lawmakers to remove projects earlier inserted
into the 2018 budget and replace them with priority projects as
contained in the original bill, insisting that he would not submit a
supplementary budget to fund the priority projects.




The letter made public on Tuesday contained the supplementary budget
of N242 billion (N242,445,322, 600) to fund six agencies in the 2019
general elections. Out of the total sum, N164 billion (N164,104,792,065)
will be drawn from the 2018 supplementary budget while N78 billion
(N78,314,530,535) will form part of the 2019 budget of these agencies.









The letter reads in full…




Request for virement and supplementary 2018 budge




As you are aware, the 2019 general election is scheduled to be
conducted early in 2019. To ensure that adequate arrangements are made
for free and fair election, it has become necessary to appropriate funds
to enable the relevant agencies to commence preparations.









INEC and the security agencies have accordingly recently submitted
their requests and these have been subjected to the usual budget
evaluation. The aggregate cost of the election is estimated at N254,
445, 322,600. However, in line with the prevailing fiscal I’m proposing
that the sum of N164, 104, 792, 65 be provided for through virement or
supplementation of the 2018 budget. I propose that the balance of N78,
340, 530, 535 mostly related to personnel allowances, fuelling and other
costs not required until election proper be provided in their 2019
budget.




The proposal for the 2019 election is as summarised below:




INEC




2018 supplementary – N143, 512, 529, 445




2019 budget – N45, 695, 015,438




Total: N189, 207, 544, 893




Office of the National Security Adviser




2018 supplementary – N3, 855, 500, 000




2019 budget – 426, 000, 000




Total – 4, 281, 500,000




DSS




2018 supplementary – N2, 903, 638, 000




2019 budget – N9,309,644,455




Total – N12, 213, 282, 455




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




Total amount (for 2019 election)




2018 supplementary – N164, 104, 792, 065




2019 budget – N78, 314, 530, 535




Total – N242, 445, 322, 600




You will also recall that when I signed the 2018 appropriation act, I
indicated the need for reinstatement of certain cuts made to certain
critical projects provided in the original executive bill. I’m therefore
submitting for your consideration the reinstatement of most of the most
critical of such cuts totalling N67, 742, 216, 150 which are summarised
in page one. The total amount required to be provided for in the 2018
budget for the 2019 general election and to restore the identified
critical projects to the amount earlier proposed is therefore N228, 854,
800, 250. Implementing a budget of N9.12 trillion for 2018 would be
extremely challenging and therefore, I do not consider it expedient to
propose a further increase to the size of the 2018 expenditure framework
to fund these very important and critical expenditure items.




Accordingly, I invite the distinguished senate to consider, in the
national interest, relocating some of the funds appropriated for the new
projects which were inserted into the 2018 budget proposal totalling N
578, 319, 951, 904 to cover the sum of N228, 854, 800, 205 required as
noted above.




A schedule sitting out a comprehensive list of these inserted
projects is attached to this letter for ease of your consideration.




Further to the above, kindly find attached a supplementary budget and virement proposal for your consideration.




While hoping that this request will expeditious consideration of the
distinguished senate, please accept, Mr Senate President, the assurances
of my highest consideration.






Yours sincerely,


Muhammadu Buhari
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