[New post] Cashless System, Can Help Track Election Financing – Vice President, OSINBAJO Tells Eu Delegation

Emmanuel Atseyinku posted: " Nigeria's Vice President, Yemi Osinbajo on Monday, January 30 stated that a cashless policy in Nigeria can help stem the surge of illicit election financing by making it possible to track funds. He disclosed this at the Presidential Villa when he rece" 9News Nigeria Cashless System, Can Help Track Election Financing – Vice President, OSINBAJO Tells Eu Delegation Emmanuel Atseyinku Feb 1 Nigeria's Vice President, Yemi Osinbajo on Monday, January 30 stated that a cashless policy in Nigeria can help stem the surge of illicit election financing by making it possible to track funds. He disclosed this 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. He said, "I think that what we should be looking at is to provide more infrastructure. The cashless thing has been 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 added that "so much money can be spent without it being tracked," under the current election financing practices in the country. "With cash transactions, it is still difficult to seriously control election financing, " the VP observed. Comment Unsubscribe to no longer receive posts from 9News Nigeria. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://9newsng.com/cashless-system-can-help-track-election-financing-vice-president-osinbajo-tells-eu-delegation/ Powered by Jetpack