‘Preparations!’ INEC needs N305bn to hold 2023 elections, Yakubu says
‘Shouts of joy!’ Court orders CBN, NDIC to pay N5.7bn to workers affected by 2006 re-capitalisation
The National Industrial Court sitting in Lagos has ordered the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) to pay over N5.7bn terminal benefits to over 1,000 bank workers affected by
There is so much more to cryprocurrency beyond trading
A look at the 2021 Geography and Cryptocurrency Report by Chainalysis, will reveal Africa’s share of the global cryptocurrency value is at a mere 3%. Despite this considerably low number, Africa holds the largest share
How my ex-husband, Babatunde Gbadamosi, conspired to frame me for threat to life, Sade Balogun reveals (Audio, WhatsApp Evidence)
My name is Sade Balogun, Chairman/CEO of Redbrick Homes International Ltd. Usually I would not react to media reports but when it comes to blatant lies concocted by people whose only aim is to malign
‘Owo Chicago wins!’ Hon. Oluwaseyi emerges PDP candidate for Shomolu Federal Constituency
Hon. Oluwaseyi Olowu, a candidate for the House of Representatives on the platform of the Peoples Democratic Party (PDP), has emerged winner of the party’s primary election for Shomolu Federal Constituency, Lagos State. The returning
‘Take advantage’ CryptoPreacher reveals there’s more to cryptocurrency than trading
Beyond trading, cryptocurrency and blockchain technology offers several vistas of opportunities Nigerians can take advantage of to better their lives. This submission was made by the cryptocurrency and alternative finance expert, Rume Ophi when he
’60 years of Ayo Bankole, Jr’ Celebrating Theophilus Ayoola Bankole via symposia, concert
Arts and entertainment professionals are set to celebrate one of Nigeria’s foremost classical pianists and composer, Ayo Bankole Jr. as he clocks the milestone age of 60. To celebrate the iconic musicologist, pianist and composer,
‘My Body Is Growing’ Shocked parents hit out at book aimed at children
Parents are fuming over a ‘disgusting’ picture book aimed at children as young as four that discusses spraying semen into a woman’s ‘moist’ vagina. Shocked mothers and fathers have slammed author Dagmar Geisler, 64, after
‘First time ever!’ Female referees announced for World Cup
FIFA announced on Thursday the list of 36 referees, 69 assistant referees and 24 video match officials that have been chosen for the tournament, which is to be held in Qatar in November and December.
‘They cleared out my account’ Women seek N10m from Polaris Bank over illegal deductions
Three businesswomen have told the Surulere Magistrate Court in Lagos that their domiciliary and Naira accounts were unlawfully frozen by their bank, adding that it also allegedly made illegal deductions of $30,769 from the accounts.
‘Criminal’ EFCC reveals Nadabo boss roles in N1.4 billion fraud
The Economic and Financial Crimes Commission (EFCC), has revealed the part Abubakar Ali Peters, the CEO of Nadabo Energy Limited, played in an alleged N1.4 billion fraud. According to a series of tweets by the
‘I paid through transfer’ Again, troubled Jumia allegedly steals customer’s money
Surajudeen Toheer, a student of Obafemi Awolowo University (OAU), Ile-Ife, Osun State, has narrated how N11,000 disappeared from his account after an unsuccessful transaction with Jumia, a Nigerian online market. Toheer explained that on March 8, he
Professor Mahmood Yakubu, Chairman of the Independent National Electoral Commission (INEC), estimates that the commission will need N305 billion to hold the general elections in 2023.
He made the announcement during a meeting with the Senate Committee on Appropriations on Monday in the National Assembly.
The amount will also allow the INEC to prepare for the election and purchase the necessary election materials, as well as cover several bye-elections across the country, according to the INEC chairman.
He, however, stated that the commission has already received N100 billion out of the required amount for the elections.
Senator Jibrin Barau, the Chairman of the Senate Committee on Appropriations, has announced that the budget for 2022 would be laid, debated, and enacted on Tuesday, December 21.
There’s also no information on whether President Buhari has drafted and sent a letter to the National Assembly explaining his decision to give or withhold his assent to the Electoral Act Amendment Bill.
The 30-day deadline stipulated by the constitution for the President to respond to the bill expired on Sunday, December 19.
Meanwhile, the National Assembly is scheduled to commence its Christmas and New Year holidays from Tuesday, December 21.
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