Former Commissioner for Information and Voter Education of the Independent National Electoral Commission, INEC, Mohammed Haruna, has disclosed that the electoral body has already received more than N500 billion, representing over half of the funds earmarked for the conduct of the 2027 general elections.
Haruna made the revelation while speaking during an interview on Arise News on Friday, where he addressed issues relating to election funding and the commission’s level of preparedness.
According to him, the release of the funds marks a significant milestone in INEC’s preparations, although the commission is still concerned about outstanding financial obligations from previous elections and the need for the balance of the approved allocation to be released promptly.
He said, “Currently, we have received more than half of the allocated funds, approximately N500 billion or slightly more. This represents over 50% of the total amount.
“Naturally, there are still some issues to address. We have debts from the last general election due to insufficient funding at that time.
“We owe contractors around six billion, and from the statutory allocation of over 140 billion for that year, we still have an outstanding amount of over 20 billion. I believe it was just this month that the first 500 billion was released, about a week or two ago.”
Responding to concerns over whether delayed funding could affect preparations, Haruna stated that the commission had already begun critical groundwork for the 2027 elections long before the latest release of funds.
He noted that INEC has initiated the procurement process for additional Bimodal Voter Accreditation System, BVAS, devices and other sensitive electoral materials required for the exercise.
“Certainly, we are concerned. Everyone shares this concern. Ultimately, the funds must be available. Therefore, it is encouraging news that more than half has been released.
“However, even prior to this, we have been engaged in extensive preparations. For example, the Director of ICT, along with another individual, traveled to China to finalize the importation of BVAS, which is crucial to our current electoral process.
“As I mentioned, in anticipation of this, we have been undertaking significant preparatory work,” Haruna emphasized.
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