Close Menu
Chronicle NG
    Trending Stories
    Qatar stun Switzerland with last-gasp equaliser for first-ever World Cup point

    Qatar stun Switzerland with last-gasp equaliser for first-ever World Cup point

    June 13, 2026
    Retired Major-General Rabe Abubakar, former Director of Defence Information, who died while being held captive by bandits in Katsina State.

    DHQ confirms abducted general Abubakar’s death, vows crackdown on terrorists

    June 13, 2026
    Governor Francis Nwifuru addressing journalists during the Presidential Media Tour in Abakaliki, highlighting security and infrastructure projects in Ebonyi State.

    Ebonyi has recorded no kidnapping under my watch – Nwifuru

    June 13, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Qatar stun Switzerland with last-gasp equaliser for first-ever World Cup point
    • DHQ confirms abducted general Abubakar’s death, vows crackdown on terrorists
    • Ebonyi has recorded no kidnapping under my watch – Nwifuru
    • Obi condemns Nnamdi Kanu’s incarceration, demands release
    • Yaya Touré appointed Slovan Bratislava new coach
    • ‘Tinubu must go’ — Youths protest in Abuja over school kidnappings
    • Abducted retired Major-General Rabe Abubakar dies in bandits’ captivity
    • Nigerian inmates in Ethiopia jubilate as FG seals transfer agreement
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Saturday, June 13
    • 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

    Retired Major-General Rabe Abubakar, former Director of Defence Information, who died while being held captive by bandits in Katsina State.

    DHQ confirms abducted general Abubakar’s death, vows crackdown on terrorists

    Governor Francis Nwifuru addressing journalists during the Presidential Media Tour in Abakaliki, highlighting security and infrastructure projects in Ebonyi State.

    Ebonyi has recorded no kidnapping under my watch – Nwifuru

    Peter Obi speaking during an address to members of the European Parliament on Africa’s governance and development challenges.

    Obi condemns Nnamdi Kanu’s incarceration, demands release

    Youths protest on the Nyanya-Karu Bridge in Abuja, demanding the rescue of abducted schoolchildren and teachers while carrying anti-kidnapping placards

    ‘Tinubu must go’ — Youths protest in Abuja over school kidnappings

    Retired Major-General Rabe Abubakar, former Director of Defence Information, who died while being held captive by bandits in Katsina State.

    Abducted retired Major-General Rabe Abubakar dies in bandits’ captivity

    Nigerian inmates in Ethiopia jubilate as FG seals transfer agreement

    Nigerian inmates in Ethiopia jubilate as FG seals transfer agreement

    Subscribe to News

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

    Qatar stun Switzerland with last-gasp equaliser for first-ever World Cup point

    Qatar stun Switzerland with last-gasp equaliser for first-ever World Cup point

    June 13, 2026
    Retired Major-General Rabe Abubakar, former Director of Defence Information, who died while being held captive by bandits in Katsina State.

    DHQ confirms abducted general Abubakar’s death, vows crackdown on terrorists

    June 13, 2026
    Governor Francis Nwifuru addressing journalists during the Presidential Media Tour in Abakaliki, highlighting security and infrastructure projects in Ebonyi State.

    Ebonyi has recorded no kidnapping under my watch – Nwifuru

    June 13, 2026
    Peter Obi speaking during an address to members of the European Parliament on Africa’s governance and development challenges.

    Obi condemns Nnamdi Kanu’s incarceration, demands release

    June 13, 2026
    Yaya Touré now Saudi Arabia assistant manager

    Yaya Touré appointed Slovan Bratislava new coach

    June 13, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

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