No Cash Yet From CBN For Elections? – INEC Speaks

No Cash Yet From CBN For Elections? – INEC Speaks

According to Daily Trust, the Independent National Electoral Commission (INEC) has received cash from the Central Bank of Nigeria (CBN) for election logistics.

On Tuesday night, an INEC national commissioner revealed this to Daily Trust.

The INEC national commissioner, who spoke in confidence, stated that CBN branch controllers have been instructed to disburse the funds to INEC offices across the country.

Read Also VIDEOS From Tinubu’s Mega Rally In Lagos (WATCH)

“The issue of the cash crunch has been resolved and our resident electoral commissioners have started collecting the money,” he said.

“Before they got the clearance to have access to the money, we earlier sent the requests to CBN based on the demands of each state. What the REC in each state requires is different depending on the topography of their states and it is based on this that the funds were approved.”

He stated that the commission had directed security personnel to collaborate closely with INEC in order to ensure a smooth transfer of funds from the commission’s state headquarters to the LGAs.

Confirming the release of the funds, Dr Adeniran Rahmon Tella, the Oyo State REC, told journalists at a press conference yesterday that the commission had secured CBN to offset the payment of ad hoc staff.

For More News Join Our WhatsApp Group With This Link Below

https://chat.whatsapp.com/HlD7kmxUzAc2lwlP7yuXzk