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Naira scarcity: I need N70m notes for election expenses, says APC reps member

by Marcus Amudipe
February 17, 2023
in News
Reading Time: 1 min read
Naira scarcity: I need N70m notes for election expenses, says APC reps member
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A member of the Federal House of Representatives, Ado Doguwa, has stated that the current scarcity of the naira notes would affect the conduct of the 2023 general elections.

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According to Channels, the member of the All Progressives Congress representing Doguwa/Tudun Wada Federal Constituency of Kano State, stated this after his meeting with the president, Major General Muhammadu Buhari (retd.), on Thursday.

He also revealed that he needs the sum of N70 million notes for the coming election.

“I need to have this N70m in hard copy. That is the position of the law and as I speak to you, I don’t have it,” the House leader said in reference to Section 88(4) of the Electoral Act which caps election expenses for House of Representatives seats at N70,000,000.

He went on to say that this will effect all politicians vying for office, regardless of party affiliation. According to him, there aren’t enough banks or ATMs in many regions to ensure that party agents and others are paid throughout the election.

“And don’t forget the point I made as a partisan member that the policy in itself is against the ruling party because Nigerians that are not happy will look at it as a policy of the government of the APC. This has placed us at disadvantage already,” he added.

Tags: APCNaira scarcity
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