Monday, June 15, 2026

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INEC says CBN policy may affect conduct of general election 

INEC says CBN policy may affect conduct of general election

From Adanna Nnamani, Abuja

With barely eleven days left to the 2023 general elections, the Independent National Electoral Commission (INEC) has disclosed that the Central Bank of Nigeria’s (CBN) cashless policy may hinder the Commission’s ability to conduct the election.

INEC FCT Resident Electoral Commissioner Yahaya Bello made this known while speaking at the North-Central Stakeholders Roundtable on the 2023 General Elections which was organized by the Centre for Transparency Advocacy (CTA) Tuesday in Abuja.

“As we are seated here, 99 per cent of us are affected by the cashless policy. INEC is also affected,” he said.

“We have 2,822,000 polling units. Before election day, we are going to employ the services of vehicle providers. We have had a lot of meetings with the National Union of Road Transport Workers (NURTW). We have also brought in Maritime Workers Union. We have more than 12,000 ad hoc staff in FCT who we are going to give cash for food and none of them will take a cheque, and none of them will accept a transfer.

“There are 12,000 people that will require 5,000 Naira each on Friday night. And also, those who are going to transport our materials and the security to the polling units. They are going to need cash to do that. Also, you will not take a security person to a polling unit from morning till evening without giving him money to eat and I don’t think you expect him to go to the POS to withdraw the 1,000 Naira you are going to give him.

Bello however, stated that INEC was in discussions with the CBN to see how the problem could be handled.

“This policy does not affect only INEC FCT in particular. It is going to affect the whole Commission nationwide. So the Chairman of the Commission, Professor, Mahmood Yakubu has been with the CBN governor, they also consulted and briefed the National Council of States, and the Presidency. This is an issue that is being tackled at the highest level because it affects the whole election generally. For now, we are going to wait for the outcome of the negotiations and discussions that are ongoing. So that we will know exactly what is going on.” He stated.

On her part, the CTA Executive Director, Faith Nwadishi said the Centre which is an election observation group will be observing the 2023 general election by deploying 2000 observers across the country to cover the 774 local government areas.

“These observers will be trained on Election Observation, Electoral Act 2022 and adherence to INEC Election Guidelines,” Nwadishi noted.

She further advised citizens to shun voting buying and selling which undermines the election, urging that candidates should campaign based on issues and not heat up the polity and create fear in the hearts of people who want to vote.

The ED also called on security agencies to assure the masses of adequate protection within the election periods.