Chairman of the Independent National Electoral Commission (INEC) Professor Mahmood Yakubu says the commission will require N305 billion to conduct the 2023 general elections.
He disclosed this during a meeting with the Senate Committee on Appropriation at the National Assembly on Monday.
Professor Yakubu said the commission has already received N100 billion out of the required amount for the elections.
He also said the total figure will cover the several bye-elections across the country.
According to the INEC boss, the amount will enable the commission to prepare for the election and purchase all the election materials needed.
The Chairman of the Senate committee on appropriation Senator Jibrin Barau has also disclosed that the 2022 budget will be laid, debated, and passed on Tuesday, December 21.
There is also no word yet if President Buhari has written and forwarded a letter to the National Assembly on his decision to give or withdraw his assent to the Electoral Act Amendment Bill.
The 30-day deadline stipulated by the constitution for the President to respond to the bill expired on Sunday, December 19.
Meanwhile, the National Assembly is scheduled to commence its Christmas and New Year holidays from Tuesday, December 21.