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INEC Chairman Says N126bn Needed To Fund Activities In 2025

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By Gloria Ikibah
The Chairman, Independent National Electoral Commission,  Prof Mahmood Yakubu has said that about N126 billion will be needed in 2025 and also to commence preparation for the 2027 general elections.
The Chairman revealed this at the 2025 budget defense and proposal organised by the Joint Committee of rhe House of Representatives and  Senate on Electoral Matters on Friday in Abuja.
Mahmood explained that the N40 billion proposed for the Commission in the 2025 budget proposal by President Bola Tinubu was inadequate putting into consideration payment of salaries and allowances for the year in view of the new minimum wage.
He further stated that in 2024, the commission was allocated the same N40bn which only covered salaries and some social contributions such as NHIS contributions, pension, ITF among others.
He said: “We complained about the allocations and you asked what we thought would be adequate. We made a proposal of N80bn then. We are aware that you made efforts to ensure an increase, but that did not work.
“On our part, we made efforts and approached the executive for more funds and we were able to get about N10.5bn from the executive to take care of the Edo and Ondo Governorship elections. That was why we were able to conduct those elections and came out successful.”
Prof. Mahmood who described the year 2025 as a critical year, said:p “We have the Anambra governorship election coming up later in the year. Provision for preparation for that election is not in the budget. We must prepare for the conduct of the Area Council elections scheduled for February 2026 and the budget for that election is not in this budget. We must monitor party primaries for these elections, including the conduct of bye elections and the budget for that is not in the current budget.
“Also, we must begin preparation for the 2027 general elections this year. We have not commenced the Continous Voter Registration exercise because of lack of money. We have to start this year and end it in 2026. We must also begin redistribution of voters to polling units from those that are over populated. All these activities cost money and that has not been considered in this budget”.
The INEC boss asserted that the Commission has about 11 bye elections in 2025 in the National and state Houses of Assembly as a result of death and resignation, and added that they have been able to secure about N500 million from the government for that purpose, but the money will not be sufficient to cover cost of the exercise.
He said despite inflation INEC was still been allocated N40 billion, according to him, currently the commission has over 14,700 staff members apart from political appointees affiliated to the commission.
He listed the political appointees in the commission to include the Chairman and 12 National Commissioners, 37 Resident Electoral Commissioners, their aides who draws salaries and allowances from the funds allocated to the commission.
Mahmood also said that the Commission has over 850 buildings across the country in need of renovation as well as offices in the 8, 809 wards, 774 local government, 36 state offices and the Federal Capital Territory.
He further revealed that currently, there are 59 local government offices located in Local Government Headquarters which it planned to relocate, and said that if the N126b budget proposal is approved, the commission will relocate of at least 30 of them in 2025.
The INEC Chairman also disclosed that the Commission planned to replace some of its items such as BVAS machines, voting cubiciles and other materials, adding that between the conduct of the 2023 general election and now, the commission has lost about 440 BVAS machines.
He however added that INEC has collected insurance premium of about N205m for the damaged BVAS.
He said “that money was not paid directly to the Commision. It was paid directy to government coffers”.
Reacting to the presentation by the INEC Chairman, Senator Ireti Kingible(LP, FCT) urged the parliament to look inward and come up with adequate funding for INEC to enable it discharge its responsibility to the nation.
She said “INEC has to be independent and whatever we have to do to get funding for the commission must be done. It is not whether the commission will get the money. It has to get the money needed. “
Also contributing, a member of the House of Representatives,  Adeboye Paul said “From what we are seeing, it s clear that we are running a dangerous system. We are all participants in the electoral process and we know what goes on. When there are shortfall, the local government comes in to supplement and that is dangerous for the system.
“If the essence of budget defence is that we cannot make input, why then do we embark on the exercise. Last year, we were here in this same situation and we made efforts to improve the budget to no avail. We need to deliberate on how best to assist the commission aand save our democracy. If we allow them to continue going cap in hand to the executive for funds, that is not good for democracy in this country.”
The budget defence later went into a closed-door session between the joint Committee and the INEC Chairman and  seven of National Commissioners and Directors also in attendance.

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Davido’s Friend ‘Tiny’ Ubiribo, Who Died After Penis Procedure, Was Wanted by NDLEA Over Drug Trafficking

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Igho ‘Tiny’ Ubiribo, the British-Nigerian influencer and close associate of Afrobeats star David Adeleke, popularly known as Davido, who died following complications from a penis enlargement procedure in Thailand, had previously been declared wanted in Nigeria over alleged drug trafficking.

Ubiribo, who died in Bangkok on March 6, 2026, had been declared wanted alongside his wife, Danielle Simba Allen, an Anglo-Zimbabwean fashion entrepreneur, by the National Drug Law Enforcement Agency (NDLEA) in connection with an alleged international drug trafficking syndicate.

The couple was among individuals the anti-narcotics agency listed in 2023 as “celebrity couple wanted over seized illicit drugs.”

According to the NDLEA, Ubiribo, also known as Tiny, and Allen, known as Dani, were allegedly involved in recruiting teenage girls into the illicit drug trade while operating as alleged leaders of an international syndicate said to have links to Los Angeles, United States.

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The agency had also declared Port Harcourt-based prophetess and founder of Christ Power Adoration Ministries, Faith Ugochi, wanted over the alleged activities.

The NDLEA said investigations linked Ubiribo and his wife to the alleged drug trafficking operation and that repeated attempts to secure their appearance for questioning had failed.

The agency alleged that two teenage girls, identified as Favour and Shalom, were recruited as sales representatives in the illicit drug trade by Ugochi, who allegedly used her church platform to recruit teenagers brought to her for assistance.

The girls were allegedly recruited on behalf of Ubiribo and Allen, whom the agency described as the owners of the operation.

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The NDLEA further identified Edward Omatseye, also known as Montana, as the alleged coordinator of the syndicate’s activities in Nigeria, while Nnochiri Chidinma Promise was identified as a representative of Ben Cargo Ltd, which the agency said was responsible for shipping illicit consignments into Nigeria.

“Several attempts to get Prophetess Faith Ugochi, Igho Ubiribo and Danielle Simba Allen to submit themselves for questioning have proved abortive,” the agency said at the time.

Ubiribo and his wife remained at large for about three years, with the drug trafficking investigation unresolved.

His death was announced in London on March 6, prompting an outpouring of tributes from friends and associates, including Davido.

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In an emotional tribute, Davido described Ubiribo as a man of “light, energy, courage, resilience” and a trusted ally, saying he could not bring himself to speak about him in the past tense.

However, details surrounding Ubiribo’s death emerged months later during a UK coroner’s inquest.

On September 5, coroner Jean Harkin ruled that the 43-year-old died from a pulmonary embolism caused by complications from a penis enlargement procedure he underwent while on holiday in Thailand.

Evidence presented at the inquest showed that Ubiribo had been injected with about 40 millilitres of hyaluronic acid and lidocaine at a Thai clinic in March.

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UK pathologist John du Parcq said in his report that cellular material found in Ubiribo’s lungs matched the hyaluronic acid used in the penis filler injection.

According to the pathologist, the finding was consistent with a pulmonary embolism and also matched the results of the Thai autopsy.

Ubiribo’s death has therefore brought renewed attention to a man whose public profile was marked not only by his close association with one of Africa’s biggest music stars but also by an unresolved drug trafficking investigation in Nigeria.

At the time of his death, there was no indication that the NDLEA case against him had been concluded.

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Businesses Feel Pressure as FG’s Domestic Borrowing Surges 90% to N24.7trn

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The Federal Government’s borrowing from domestic investors rose by 90.5 per cent year-on-year (YoY) to N24.7 trillion in the first eight months of 2026, compared with N12.98 trillion recorded in the corresponding period of 2025.

Findings by Financial Vanguard, based on public finance data from the Debt Management Office (DMO) and the Central Bank of Nigeria (CBN), also showed that credit to the government grew more than four times faster than credit to the private sector during the period.

The sharp increase in domestic borrowing came despite a significant rise in government revenue reported by key agencies, including the Nigerian Revenue Service, Nigeria Customs Service and Nigerian National Petroleum Company Limited (NNPCL).

The government has also benefited from savings associated with the removal of petrol subsidies and increased naira proceeds following the floating of the exchange rate.

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However, public finance analysts have raised concerns over extra-budgetary spending and other fiscal exposures, which they say may be contributing to the government’s growing financing needs and prompting increased borrowing from both domestic and external sources.

Govt credit grows 4.5 times faster than private-sector credit

The latest CBN money and credit data showed that credit to the government rose by 43 per cent YoY, from N23.69 trillion in July 2025 to N33.92 trillion in July 2026.

By contrast, credit to the private sector increased by only 9.6 per cent, from N76.13 trillion to N83.43 trillion over the same period.

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This means credit to the government grew about 4.5 times faster than credit to the private sector.

The surge in Federal Government borrowing was driven largely by increased issuance of Federal Government of Nigeria (FGN) bonds, FGN savings bonds and Nigerian Treasury Bills (NTBs).

Borrowing through FGN bonds rose by 145 per cent YoY to N7.78 trillion in the first eight months of 2026, from N3.18 trillion in the corresponding period of 2025.

Similarly, borrowing through NTBs increased by 78.6 per cent to N16.92 trillion, from N9.47 trillion, while borrowing through FGN savings bonds rose by 22 per cent to N40.56 billion, from N33.18 billion.

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Why FG is borrowing more

Experts who spoke to Financial Vanguard attributed the sharp increase to the government’s larger financing requirements amid a significant fiscal deficit, rising expenditure and higher debt-service obligations.

They, however, warned that increased reliance on the domestic market could crowd businesses and households out of available credit.

The Chief Executive Officer of MDU Capital Ltd, Ayodeji Ebo, said the increase reflected “larger financing requirements arising from high debt-service costs, recurrent expenditure, infrastructure and security needs, and a fiscal deficit that remains significant despite improved revenue.”

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According to Ebo, the government may also be relying more heavily on the domestic market to reduce its exposure to foreign-exchange risks.

He, however, cautioned that not all NTB issuance should be regarded as fresh borrowing, noting that part of the issuance represents refinancing or rollover of maturing obligations.

Chief Economist, United Capital Plc, Ayodele Akinwunmi, identified infrastructure spending and the need to bridge fiscal deficits as major drivers of the increased borrowing.

He said the impact of the borrowing should also be assessed in relation to the infrastructure being financed.

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“Across the country, we have witnessed significant growth in infrastructure development, ranging from physical projects, such as roads and railways, to soft infrastructure, including education, healthcare and security.

“These advancements have contributed positively to the ease of doing business, creating a more enabling environment for economic activity,” Akinwunmi said.

He noted that Nigeria’s infrastructure financing gap remained substantial, making it difficult for the government to rely solely on annual budgetary allocat

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WAEC Recruitment Test: Applicants Raise Alarm Over Login, Auto-Logout and Technical Glitches

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Applicants who took part in the West African Examinations Council’s (WAEC) recruitment aptitude test have raised concerns over alleged technical difficulties that they said disrupted their attempts to complete the online examination.

Several applicants took to X to complain of difficulties accessing the test portal, repeated logouts, delays in loading questions and problems moving from one question to another during the exercise.

One applicant, posting under the name Matchmaking – Nightlife, described the experience as frustrating, alleging that the test was designed to last 40 minutes but that candidates were losing valuable time because the system repeatedly logged them out.

The applicant wrote that about 15 minutes had elapsed without a question being successfully answered, citing auto-logout, delayed logins and errors after clicking the button to proceed to the next question.

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Another user, Jamokski, who said the video circulating online was recorded before the main examination room, also complained about the examination platform.

According to the applicant, moving from one question to another could take several minutes, while some questions reportedly moved automatically to the previous or next item without any input from the candidate.

Other applicants reported similar experiences.

One user, Kayode K. Lawal, said the aptitude test had glitches “everywhere”, listing problems with the login process, examination portal, timing and loading of subsequent questions.

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He questioned the suitability of the system for student examinations, given the difficulties applicants were experiencing during the recruitment exercise.

Another applicant, who identified himself as Leahcim, said he was scheduled to take the test between 1pm and 1:40pm but could not gain access at the scheduled time.

“I was scheduled for 1pm-1:40pm, after so much trial I was allowed to access the website around 3pm. And I was able to finally login by 5:30pm,” the applicant wrote.

He said that after eventually gaining access, he struggled to complete only four questions because he was repeatedly logged out of the system.

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An applicant identified as Kuti Of Mokwa also posted that after the test was rescheduled, he had managed to answer only two questions in 28 minutes.

The complaints have triggered criticism of WAEC on social media, with some applicants describing the experience as frustrating and questioning the reliability of the organisation’s technology.

However, the complaints should be viewed against the background of a genuine recruitment process.

WAEC maintains an official Job Application Management Portal for vacancies at its Nigeria National Office. The portal instructs applicants to review advertised vacancies, submit applications and monitor their application status through their dashboards.

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By August, applicants who had progressed in the recruitment exercise began seeing messages on their dashboards informing them that they had been “advanced to the next stage of the application process” and asking them to confirm their availability for an aptitude test.

The portal update required applicants at that stage to provide or confirm details including their active email addresses, telephone numbers and states of residence for subsequent communication about the recruitment process.

WAEC itself also has an Aptitude Tests Department that provides computer-based and remote online testing services, including recruitment tests for organisations. Its published materials describe the remote testing system as an initiative intended to provide secure, flexible and convenient assessment while improving efficiency and reducing logistical challenges.

The latest complaints raise questions about whether the technology deployed for the recruitment exercise delivered the reliability expected from an organisation that administers high-stakes examinations.

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As of the time of filing this report, WAEC had not publicly responded to the specific complaints reviewed by The Nigeria Education News or explained the reported login, auto-logout, timing and question-navigation problems.

The Nigeria Education News could not independently establish how many applicants were affected or whether the reported difficulties occurred across all test sessions.

WAEC applicants have therefore been advised to rely on the Council’s official recruitment portal for further instructions and updates rather than unverified information circulating on social media.

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