The Independent National Electoral Commission (INEC) said the results of Saturday’s presidential and legislative elections will be announced at the earliest possible time.
INEC President, Professor Mahmood Yakubu, who spoke at a press conference in Abuja on Friday, 24 February, also said that the process will not bear any burden due to the near budget crisis. This is caused by the Central Bank of Nigeria’s Withdrawal Policy (CBN).
He said,
“I just want to say that we will ensure that it (result declaration) will be done speedily. I can’t put a finger on the number of days or number of hours it will take, but it will be done speedily. We are aware of the anxiety and the need for us to conclude the process quickly, it will be concluded quickly.
“It is not all our operations that are paid for by cash. In fact, the bulk of our procurement for both goods and services is done electronically, but we need a small amount of money to pay for the unbanked who render critical services, particularly at the local level.
“We anticipated this challenge and interacted with the Central Bank, they promised us that the little amount we need to pay for services in cash, they will make the funds available to us and they have done so.
“And these funds have already been accessed by our state offices for elections which is why the movement of personnel and materials in the last couple of days has gone on unhindered. So, I must give credit for our relationship with the Central Bank in that regard. So, the process won’t suffer any encumbrance as a result.”
