The Independent National Electoral Commission (INEC) has projected a total of N873,778,401,602.08 for the conduct of the 2027 general elections.
INEC Chairman, Joash Amupitan, disclosed this on Thursday while presenting the Commission’s 2026 budget proposal and the detailed cost estimate for the 2027 elections before the National Assembly Joint Committee on Electoral Matters.
A breakdown of the proposal shows that Election Operational Costs account for N375,748,195,271.47, while Election Administrative Costs stand at N92,311,591,396.58.
INEC also projected N209,205,589,977.70 for Election Technology Costs, reflecting provisions for electronic systems and related infrastructure. In addition, Election Capital Costs are estimated at N154,904,529,641.94. The four components amount to N832,169,906,287.69.
INEC further included Miscellaneous Expenses totalling N41,608,495,314.39, bringing the Grand Total for the 2027 general elections to N873,778,401,602.08.
Amupitan clarified that the election budget is separate from the Commission’s proposed N171 billion allocation for the 2026 fiscal year, which is intended to cover routine operations, including by-elections and off-cycle polls.
He noted that the submission complies with Section 3(3) of the Electoral Act 2022, which mandates the Commission to present its general election budget at least one year before the poll.
During the session, lawmakers raised concerns over funding mechanisms and the implementation of key provisions of the amended Electoral Act, particularly the electronic transmission of results.
Chairman of the Joint Committee on Electoral Matters, Senator Samuel Lalong, stated that the National Assembly would thoroughly scrutinise the proposal before approving what it considers adequate for seamless nationwide coverage. He emphasised that while INEC presents its financial estimates, the constitutional responsibility to approve and appropriate funds rests with the legislature.
