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House Approves Virement Of Funds To Finance Independent National Electoral Commission (Inec) And Security Agencies In Preparation For The 2019 General Elections

The House of Representatives has approved the Virement of the Sum of Eight Hundred and Thirty-One Billion, Two Hundred and Fifty-Nine Million, Two Hundred and Twenty Thousand, and Two Hundred and Fifty-Five Naira (N831,259,220,255.00) only to fund the Independent National Electoral Commission (INEC) and Security Agencies towards the preparation for the 2019 General Elections 

Presenting the motion, Hon. Mustapha Bala Dawaki (APC: Kano) the Appropriations committee chair stated that on Wednesday, 18 July 2018, a Communication from President Muhammadu Buhari requesting the Virement of Funds in the Appropriation Act, 2018 was read at plenary. He noted that the request was in respect of Virement of Funds to finance INEC and Security Agencies towards the preparation of the 2019 General Elections for which no provisions were made in the 2018 Appropriation Act.

Hon. Dawaki noted that the Virement had become necessary in order to appropriate funds to enable the relevant Agencies commence preparation towards a free and fair election in 2019 and that the total amount of Virement being proposed for INEC and other Security Agencies is N831,259,220,255.00. The breakdown is as follows:

S/N AGENCY
2018 APPROPRIATION ACT 2018 VIREMENT FUNDS NEW TOTAL FOR THE 2018 APPROPRIATION ACT
1 Independent National Electoral Commission (INEC) 45,500,000,000 189,007,272,393 N234,507,272,393.00
2 Office of the National Security Adviser (ONSA) 37,467,339,426 9,481,500,000 N46,948,839,426.00

 

3 Department of State Security Service (DSS) 40,578,570,113 10,213,282,455 N50,791,852,568.00

 

4 Nigeria Security and Civil Defence Corps (NSCDC) 79,260,507,756 3,573,534,500 N82,834,042,256.00

 

5 Nigeria Police Force (NPF) 324,220,893,212 27,341,317,433 N351,562,210,645.00
6 Nigeria Immigration Service (NIS) 61,986,859,648 2,628,143,320 N64,615,002,968.00

 

  Grand Total 589,014,170,155 242,245,050,100 N831,259,220,255.00

 

 

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