We Have Received A ‘Substantial Part’ Of Cash From CBN – Yakubu

Written by on February 24, 2023

The Independent National Electoral Commission (INEC) says it has taken possession of a “substantial part” of the cash it requested of the Central Bank of Nigeria (CBN) amid the naira scarcity.

The INEC Chairman, Prof. Mahmood Yakubu, confirmed receipt of the funds on Thursday during a press conference in Abuja on the commission’s activities two days before the presidential and National Assembly polls.

This comes two weeks after Yakubu on February 7 met with the CBN Governor, Godwin Emefiele, to address the need for cash for logistical operations in the conduct of the elections.

Addressing security concerns surrounding the polls, Royal Times reports that Yakubu assured all stakeholders of a conducive environment for the electoral process to take place.


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