Atiku Bagudu, Minister of Budget and Economic Planning, has stated that the Independent National Electoral Commission (INEC) will be allocated N18 billion to conduct governorship elections in Bayelsa, Kogi, and Imo States.
He made the remarks while briefing the State House press after the Council meeting, which was presided over by President Bola Tinubu at the Presidential Villa's Council Chamber in Abuja.
"Equally N18 billion was provided for the Independent National Electoral Commission to support them in the conduct of the Bayelsa, Kogi and Imo elections," the official said.
He added that the N2.1 trillion Supplementary Budget for 2023 has been approved by the council.
He clarified that of the total amount suggested, N605 billion would go toward national security and defense and approximately N300 billion would go toward bridge maintenance.
Bagudu also revealed that N400 billion would be used for cash transfers to low-income households and N210 billion would be used to pay wage awards to civil servants.
According to Bagudu, an additional N8 billion was allocated in the supplementary budget to support the launch of recently established ministries like the Ministry of Marine and Blue Economy.