Close Menu
Chronicle NG
    Trending Stories
    Explosion rattles Bayelsa

    Explosion kills two in Plateau

    April 18, 2026
    Cargo ships transit through the Strait of Hormuz as Iran declares safe passage during Israel-Lebanon ceasefire

    Strait of Hormuz open as Iran backs Israel-Lebanon ceasefire

    April 18, 2026
    Gunmen strike Benue again, kill two, abduct 14 passengers

    Gunmen behead 30-year-old Christian man in Plateau

    April 18, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Explosion kills two in Plateau
    • Strait of Hormuz open as Iran backs Israel-Lebanon ceasefire
    • Gunmen behead 30-year-old Christian man in Plateau
    • Kwara files criminal charges against Saraki, Abdulfatah Ahmed over Offa robbery
    • Saraki slams Abdulrazaq, blames Buhari govt for Offa robbery
    • World Cup fans to pay $150 for New York stadium train ticket
    • Dangote refinery IPO targets investors with dollar dividends
    • Guardiola says Arsenal defeat would end Man City title hopes
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Saturday, April 18
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    Cashless system can help track election financing – Osinbajo

    David GreatBy David GreatJanuary 31, 2023No Comments3 Mins Read
    Facebook Twitter Telegram WhatsApp
    Vice President Yemi Osinbajo receives in audience Mr. Barry Andrews, the European Union Chief Elections Observer and his EU Delegation at the Statehouse
    Vice President Yemi Osinbajo receives in audience Mr. Barry Andrews, the European Union Chief Elections Observer and his EU Delegation at the Statehouse
    Facebook Twitter WhatsApp
    • EU Election Observers visit VP

    Vice President Yemi Osinbajo says when effectively operated, a cashless policy in Nigeria can help stem the surge of illicit election financing by making it possible to track funds.

    “I think that what we should be looking at is to provide more infrastructure. The cashless thing has been really advantageous and helps with tracking. That sort of infrastructure is useful for more financial inclusion and the more financial inclusion you have, the easier it is to track,” he said.

    Osinbajo spoke earlier today at the Presidential Villa when he received a delegation of the European Union Election Observation Mission led by Mr. Barry Andrews, the Chief Observer, who is also a member of the European Parliament.

    According to Prof. Osinbajo, “so much money can be spent without it being tracked,” under the current election financing practices in the country.

    While noting the serious difficulty in controlling election financing because of cash transactions, the VP stated that there are still infrastructure issues required to be in place to ensure an efficient cashless system in the country. “With cash transactions, it is still difficult to seriously control election financing, ” the VP observed.

    On the issue of electoral offences, Osinbajo noted that there is the Electoral Offences Commission Bill at the National Assembly and “we hope that it will begin a new regime of dealing with electoral offences which would be helpful.”

    • Osinbajo-led FEC moves to protect children in the digital environment

    He emphasized that “by and large, one shouldn’t expect INEC to be the investigator of electoral offences. I think that law enforcement agencies should be responsible for arresting and prosecuting offenders, State by State.

    “Electoral offences are always seen through a political prism; people will always feel that they are being prosecuted because they belong to a certain party.

    “What is more important is that we have to find a system where the police could have a special unit for offences during the course of elections. The Federal High Courts could also have a special jurisdiction to deal with offences and not extend beyond the Federal High Courts.”

    On the role of the judicial system, the Vice President noted that more attention should be paid to the monitoring of tribunals and their outcomes, calling for more scrutiny from the National Judicial Council.

    He disclosed that discussions have been had in the past concerning malfeasance on the part of some judges and those found guilty should be brought to the fore.

    “There should be sanctions and that way, we would be able to clean up and correct some of the problems”, Prof. Osinbajo noted.

    In his own remarks, Mr Andrews mentioned that the Observer Mission would be monitoring the elections coming up next month and hope for a peaceful and fair electoral process.

    According to him, this is the 7th time the Independent National Electoral Commission is inviting the EU Mission to monitor the elections, adding that the team has been in the country since 11th January and would be here till the end of March, 2023.

    Other members of the delegation include Ms Samuela Isopi, Ambassador, EU Delegation to Nigeria and ECOWAS and Mr. Thomas Boserup, Deputy Chief Observer, EU Election Observation Mission.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Explosion rattles Bayelsa

    Explosion kills two in Plateau

    Gunmen strike Benue again, kill two, abduct 14 passengers

    Gunmen behead 30-year-old Christian man in Plateau

    Bukola Saraki and Abdulfatah Ahmed linked to Offa robbery charges in Kwara court

    Kwara files criminal charges against Saraki, Abdulfatah Ahmed over Offa robbery

    Bukola Saraki addressing allegations linking him to the Offa robbery case in Kwara State

    Saraki slams Abdulrazaq, blames Buhari govt for Offa robbery

    Dangote refinery IPO targets investors with dollar dividends

    Dangote refinery IPO targets investors with dollar dividends

    Obi to Nigerians: Join ADC to defend democracy, reject one-party rule

    Obi condemns abduction of UTME candidates in Benue

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Explosion rattles Bayelsa

    Explosion kills two in Plateau

    April 18, 2026
    Cargo ships transit through the Strait of Hormuz as Iran declares safe passage during Israel-Lebanon ceasefire

    Strait of Hormuz open as Iran backs Israel-Lebanon ceasefire

    April 18, 2026
    Gunmen strike Benue again, kill two, abduct 14 passengers

    Gunmen behead 30-year-old Christian man in Plateau

    April 18, 2026
    Bukola Saraki and Abdulfatah Ahmed linked to Offa robbery charges in Kwara court

    Kwara files criminal charges against Saraki, Abdulfatah Ahmed over Offa robbery

    April 18, 2026
    Bukola Saraki addressing allegations linking him to the Offa robbery case in Kwara State

    Saraki slams Abdulrazaq, blames Buhari govt for Offa robbery

    April 17, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.