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National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending - Politics - Nairaland

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National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by oshozondii: 8:15am On Jan 14
The Joint Senate and House of Representatives Committees on the Independent National Electoral Commission and Electoral Matters, has proposed an extension to the tenure of Local Government Chairmen, in the Federal Capital Territory, from three to four years.

The committees equally proposed an upward review of the amount to be spent by candidates seeking elective public office to N10bn.

Our correspondent also learnt in Abuja, on Wednesday, that the panel also recommended that other elected officials of the six area councils which make up the FCT should equally benefit from the proposed amendment.

These proposals are contained in recommended amendments to the Electoral Act, which the committee is prepared to submit before Senators and House of Reps members for consideration and approval later this month.

When contacted, the Chairman, Senate Committee on the INEC, Senator Kabiru Gaya, confirmed this development, in an interview with our correspondent.

Gaya said, “Since the National Assembly legislate on the Federal Capital Territory, we amended the tenure of the local government chairmen within the FCT.

“We believe that if we leave a chairman to serve for three years, they cannot record any concrete achievement.

“They would be undergoing the learning process in their first year and start implementing their own projects in the second year, while they will be preparing for elections in the third year. This means that they have just one year to really work effectively.

“However, if we increase their tenure to four years, they will have two out of the four years to work. That is why we have proposed that the tenure for local government chairmen should be increased to four years.

“We are therefore appealing to all the governors to comply with the new provisions because we don’t have the powers over them. We can only appeal to them.”

The committee chairman also explained that the panel equally proposed an upward review of the amount to be spent by candidates seeking elective public office.

He said, “We looked at the current situation and we have come to a conclusion that someone contesting election as president of Nigeria should spend more than N5bn.

“We have recommended N10bn for the Presidential candidate while the amount that could be spent by those contesting elections as governors and legislators have also been reviewed upward.

“On personal donations to presidential candidates, we have recommended that an individual could donate up to N10m for a candidate either for the presidential or governorship election because the current N1m benchmark is no longer realistic.”
https://punchng.com/nassembly-proposes-n10bn-as-presidential-candidates-election-spending/?amp=1

2 Likes 1 Share

Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by nairavsdollars(f): 8:25am On Jan 14
And what will be the penalty if Tinubu or Atiku spend over N100 billion in 2023

41 Likes 3 Shares

Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by xynerise: 8:26am On Jan 14
They have started again

10 Likes

Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by Houseofglam7(f): 8:26am On Jan 14
undecided
Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by jawalis(m): 8:26am On Jan 14
And they can’t rectify what ASUU has been yearning for years, I know these Bill certainly has a way of benefiting their pocked and thus it’s treated with urgency. We hang the petty thieves and appoint the great ones to public office. Aren’t these people just been selfish? In Nigeria, Politics is the art of looking for trouble, finding it whether it exists or not, diagnosing it incorrectly, and applying the wrong remedy.

32 Likes 1 Share

Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by reubenobi(m): 8:26am On Jan 14
Thieves!!!

21 Likes

Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by istina: 8:26am On Jan 14
These crop of leaders know nothing but spending, spendind and spending.
Nigeria is in hot soup

13 Likes

Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by Austin4Jesus(m): 8:26am On Jan 14
It is well with Nigeria.. Amen.

1 Like

Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by MANNABBQGRILLS: 8:26am On Jan 14
Out of all the pressing issues going on in the world?!

We will keep saying this : These kids below are the ones that need wardrobe allowance, or anything increament in their lives.
And vehicles that will be taking them to and from school.
Not our senators or any , retired, sitting, standing or crawling politicians .

20 Likes 3 Shares

Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by koma1(m): 8:27am On Jan 14
Misplaced priority, is this what we need at this difficult time. Instead of them to focus on issues that will better the live of average Nigerians

1 Like

Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by DuBLINGreenb(m): 8:27am On Jan 14
If dem stop fraud for this our country our economy go collapse

3 Likes

Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by ATEAMS: 8:27am On Jan 14
Most of them can't even sing the national anthem....


Sometimes I wonder if our leaders are truly Nigerians ..

9 Likes 1 Share

Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by superCleanworks(m): 8:27am On Jan 14
counting in MILLION is now outdated in Nigerian politics.

9 Likes

Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by deltateam: 8:27am On Jan 14
grin

Government of the money, for the money and all about the money.

4 Likes

Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by specialmati(m): 8:27am On Jan 14
grin grin grin
Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by Realist5: 8:28am On Jan 14
Thieves can give silly excuses sha.

The Senators (thieves) that have been there for donkey years fa?
Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by solmusdesigns: 8:28am On Jan 14
cool



Unnecessary law


Election is big business all over the world, let each candidate spend whatever they can, it would end up boosting the Economy



.
Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by BrickDevo: 8:28am On Jan 14
Nonsense
Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by KenModi(m): 8:28am On Jan 14
When it comes to spending money that comes to themselves and their associate, there would be an upward review and it would be implemented as quickly as possible.

However, when it comes to what would benefit the common man for example minimum wage, they would take forever to review it, setting up an infinite number committees and panels which would all take decades to meet to do their jobs. Don’t even get me started on implementation both at the federal and state level.

The worst thing is, if the same marginalized average Nigerian gets to power, he/she wouldn’t do any better than those currently there.

5 Likes

Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by jericco1(m): 8:28am On Jan 14
Imagine spending that much money to convince the people to vote you yet after being elected we don't get to hear or even see you till you leave office

3 Likes

Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by Empredboy(m): 8:28am On Jan 14
So it's the federal government that will "sponsor" our legislators? Which other business do these guys do for a living aside politics?

1 Like

Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by rawtouch: 8:29am On Jan 14
cool



all this is on paper, more than twice that amount was spent on governorship election by a candidate 2election cycles ago

2 Likes

Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by MainIdeas: 8:29am On Jan 14
Hmm
Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by bluecircle470: 8:30am On Jan 14
nairavsdollars:
And what will be the penalty if Tinubu or Atiku spend over N100 billion in 2023

Tinubu giving you sleepless night in the yeast grin
Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by SocialJustice: 8:31am On Jan 14
Lol, you can't even become governor in most states with N10bn.
Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by Factfinder1(m): 8:31am On Jan 14
That's too much

Only a thief needs soo much money to compaing and win people's hearts and votes....I sincere and honest man wont spend more than 3 billions for posters,tv adverts and travels
Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by bigdammyj: 8:31am On Jan 14
Noted
Re: National Assembly Proposes ₦10Bn As Presidential Candidate’s Election Spending by BestDone06: 8:31am On Jan 14
Ok

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