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Nairaland Forum / Nairaland / General / Politics / Senate Approves $585 Million (87.72 billion Naira) Election Budget (684 Views)
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Senate Approves $585 Million (87.72 billion Naira) Election Budget by Beaf: 4:37pm On Aug 10, 2010 |
[size=14pt]Nigerian Senate approves $585 million election budget[/size] Tue Aug 10, 2010 2:54pm GMT (Reuters) - Nigeria's Senate on Tuesday approved an 87.72 billion naira budget for the country's electoral commission to organise an overhaul of voter lists and buy additional ballot boxes ahead of January polls. Presidential and parliamentary polls are due to be held in Africa's most populous nation in less than six months but the electoral register is in dire need of being updated. "The request for additional funds is to cover the cost of procuring electronic equipment and other ancillary expenses related to the conducting of a fresh voter registration exercise as well as the procurement of additional ballot boxes and payment of staff," the submission to parliament said. The House of Representatives is also expected to approve the budget for the Independent National Electoral Commission (INEC) on Wednesday, before it is sent to President Goodluck Jonathan for final approval. Parliament last month passed a constitutional amendment bringing elections forward to January, leaving little time for reforms needed to avoid a repeat of chaotic 2007 polls. An electoral roll riddled with fictitious names and omitting legitimate voters was one of the main problems at the 2007 polls, which were so marred by ballot stuffing and intimidation that observers deemed them not to have been credible. INEC has said the spending plan was largely for the purchase of 120,000 electronic voter registration machines, including laptop computers, finger print scanners, cameras and printers to issue voter cards. http://af.reuters.com/article/topNews/idAFJOE6790NI20100810?feedType=RSS&feedName=topNews |
Re: Senate Approves $585 Million (87.72 billion Naira) Election Budget by Fhemmmy: 4:42pm On Aug 10, 2010 |
Oh My Gosh |
Re: Senate Approves $585 Million (87.72 billion Naira) Election Budget by Kobojunkie: 4:52pm On Aug 10, 2010 |
The money keeps creeping up! |
Re: Senate Approves $585 Million (87.72 billion Naira) Election Budget by Beaf: 5:03pm On Aug 10, 2010 |
[size=14pt]Jega: Senators query N13bn profit margin for ICT vendors[/size] http://www.businessdayonline.com/index.php?option=com_content&view=article&id=13503:jega-senators-query-n13bn-profit-margin-for-ict-vendors&catid=85:national&Itemid=340 |
Re: Senate Approves $585 Million (87.72 billion Naira) Election Budget by paddylo1(m): 5:10pm On Aug 10, 2010 |
overall its a good thing and will benefit Nigeria in the long run. . . Its like an investment in our future credible elections in 2011,will solidify our economic and political base dont forget there are president,senators,house of reps,governors,state house of reps and so on to be elected and we have just 4months to go its a lot of money that can build a light rail project in lagos,but hopefully this register will stand the test of time. . . |
Re: Senate Approves $585 Million (87.72 billion Naira) Election Budget by Kobojunkie: 5:13pm On Aug 10, 2010 |
a whopping 30%? WOW !!!! |
Re: Senate Approves $585 Million (87.72 billion Naira) Election Budget by Nobody: 5:27pm On Aug 10, 2010 |
^^^ not really we apply the same concept where i work , and that approach means very narrow margins for vendors look at it like this - the market price of cable is n100 10% for the vendor supplying 10% for delivery to site 10% for installation and then 10% for tax - vat, witholding nigeria being nigeria, most vendors who will pt for this are quite frankly small buinesses with marginal over head the big contractors can come out at 100% of market price the vendor will typically take a bank loan, and you know how those nasty interest rates are. the vendor will almost defeintely not get paid on time - being naija govt - the vendor will have to do some settling yep that 30% is a big figure, but rest assureed, the cost will be to heard on the radio, that jega's plan a is to single source all the equipment from a single manufacturer , but this is facing the following constraints 1) time- this needs to be done in the next 3 months 2) apparently the items involved are typically purchased form several manufacturers single sourcing will make a lot of sense, not only because of cost, but because of maintenance. also if anything fails - there won't be finger pointing among the numerous vendors asthere is a single supplier lets see my real fear is that this story may still be sung again in 2015 |
Re: Senate Approves $585 Million (87.72 billion Naira) Election Budget by Kobojunkie: 5:34pm On Aug 10, 2010 |
oyb:I get this . . . but I was made to believe Jega wants to get around all that by going straight to the manufacturers for most of this. oyb:Well, he promised us he would get the equipments from the manufacturer and so would cut away the need for the vendor fees. That was the promise. I am now wondering why we still have to pay 30% of this to vendors, after all that. oyb:He can still single source through various manufacturers . . I don't understand why we need to purchase 120,000 laptops since we have yet to account for the last batch that was purchased for this same exercise some time ago. I even hear that there are INEC offices around the country where some of these machines are still stocked. . . INEC is still far from the 21st century. I just do not get why we still need to be saddled with the very same he promised he would get around. |
Re: Senate Approves $585 Million (87.72 billion Naira) Election Budget by Nobody: 5:38pm On Aug 10, 2010 |
Kobojunkie: what i heard is that that is plan a - the multiple vendors are wetin call contingency plan Kobojunkie: whats that word we use on construction projects . . .consumables |
Re: Senate Approves $585 Million (87.72 billion Naira) Election Budget by Kobojunkie: 5:42pm On Aug 10, 2010 |
Honestly, what I feel is we need to probably put the election off till maybe September of next year if we are really ready for complete change. I am not confident he can acheive all he plans to in the short period he has, and money is never solution. I hate that we end up with a rush job that fails when put under strain. |
Re: Senate Approves $585 Million (87.72 billion Naira) Election Budget by Nobody: 5:49pm On Aug 10, 2010 |
^^^^ in the end, i doubt if it will make any difference as you pointed out on the other thread, all the fail safes and security measures in the world won't mean squat if the admins are corrupt with naija do or die politics . . . |
Re: Senate Approves $585 Million (87.72 billion Naira) Election Budget by Kobojunkie: 5:51pm On Aug 10, 2010 |
oyb: True ooo!!! All the latest gadgets in the world will make no difference if we do not use them right. |
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