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Cashless system helps in tracking election financing — Osinbajo

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<p><&excl;-- BEGIN THEIA POST SLIDER --><&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad4" id&equals;"quads-ad4" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<div align&equals;"left">&NewLine;<p dir&equals;"ltr">&NewLine;<&sol;div>&NewLine;<p dir&equals;"ltr">By Chijioke Okoronkwo<&sol;p><div class&equals;"c4W7njSu" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<&excl;-- TV --> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"4399361195" &NewLine; data-ad-format&equals;"auto" &NewLine; data-full-width-responsive&equals;"true"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p dir&equals;"ltr">Vice President Yemi Osinbajo says a cashless policy&comma; when effectively operated in Nigeria&comma; can help stem the surge of illicit election financing by making it possible to track funds&period;<&sol;p><div class&equals;"JD6vYhcF" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<&excl;-- TV --> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"4399361195" &NewLine; data-ad-format&equals;"auto" &NewLine; data-full-width-responsive&equals;"true"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p dir&equals;"ltr">Osinbajo’s spokesman&comma; Laolu Akande&comma; in a statement on Monday in Abuja&comma; said the vice president received a delegation of the EU Election Observation Mission led by Mr Barry Andrews&period;<&sol;p>&NewLine;<p dir&equals;"ltr">The EU Chief Observer is also a member of the European Parliament&period;<&sol;p>&NewLine;<p dir&equals;"ltr">&OpenCurlyDoubleQuote;I think that what we should be looking at is to provide more infrastructures&period;<&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad5" id&equals;"quads-ad5" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<div class&equals;"PGZWsrC7" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block&semi; text-align&colon;center&semi;" &NewLine; data-ad-layout&equals;"in-article" &NewLine; data-ad-format&equals;"fluid" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"6550225277"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p dir&equals;"ltr">&OpenCurlyDoubleQuote; The cashless thing has been really advantageous and helps with tracking&period;<&sol;p>&NewLine;<p dir&equals;"ltr">&OpenCurlyDoubleQuote;That sort of infrastructure is useful for more financial inclusion and the more financial inclusion you have&comma; the easier it is to track&period;<&sol;p>&NewLine;<p dir&equals;"ltr">&OpenCurlyDoubleQuote;So much money can be spent without it being tracked under the current election financing practices in the country&period;’’<&sol;p>&NewLine;<p dir&equals;"ltr">Osinbajo acknowledged the serious difficulty in controlling election financing because of cash transactions&period;<&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p dir&equals;"ltr">According to him&comma; there are still infrastructure issues required to be in place to ensure an efficient cashless system in the country&period;<&sol;p>&NewLine;<p dir&equals;"ltr">&OpenCurlyDoubleQuote;With cash transactions&comma; it is still difficult to seriously control election financing&period;’’<&sol;p>&NewLine;<p dir&equals;"ltr">On electoral offences&comma; the vice president said the Electoral Offences Commission Bill was at the National Assembly&period;<&sol;p>&NewLine;<p dir&equals;"ltr">He said he hoped that it would begin a new regime of dealing with electoral offences which would be helpful&period;<&sol;p>&NewLine;<p dir&equals;"ltr">&OpenCurlyDoubleQuote;By and large&comma; one shouldn’t expect INEC to be the investigator of electoral offences&period;<&sol;p>&NewLine;<p dir&equals;"ltr">&OpenCurlyDoubleQuote;I think that law enforcement agencies should be responsible for arresting and prosecuting offenders&comma; state by state&period;<&sol;p>&NewLine;<p dir&equals;"ltr">&OpenCurlyDoubleQuote;Electoral offences are always seen through a political prism&semi; people will always feel that they are being prosecuted because they belong to a certain party&period;<&sol;p>&NewLine;<p dir&equals;"ltr">&OpenCurlyDoubleQuote;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&period;<&sol;p>&NewLine;<p dir&equals;"ltr">&OpenCurlyDoubleQuote;The Federal High Courts could also have a special jurisdiction to deal with offences and not extend beyond the Federal High Courts&period;”<&sol;p>&NewLine;<p dir&equals;"ltr">On the role of the judicial system&comma; Osinbajo said that more attention should be paid to the monitoring of tribunals and their outcomes&comma; calling for more scrutiny from the National Judicial Council&period;<&sol;p>&NewLine;<p dir&equals;"ltr">He disclosed that discussions had been had in the past concerning malfeasance on the part of some judges and those found guilty should be brought to the fore&period;<&sol;p>&NewLine;<p dir&equals;"ltr">&OpenCurlyDoubleQuote;There should be sanctions and that way&comma; we would be able to clean up and correct some of the problems&comma;’’ he said&period;<&sol;p>&NewLine;<p dir&equals;"ltr">In his remarks&comma; Andrews said that the mission would be monitoring the elections coming up next month and hope for a peaceful and fair electoral process&period;<&sol;p>&NewLine;<p dir&equals;"ltr">According to him&comma; it is the 7th time the INEC is inviting the EU Mission to monitor the elections&comma; adding that the team had been in the country since Jan 11 and will be around until the end of March&comma; 2023&period;<&sol;p>&NewLine;<p dir&equals;"ltr">Other members of the delegation include Ms Samuela Isopi&comma; Ambassador&comma; EU Delegation to Nigeria and ECOWAS and Mr Thomas Boserup&comma; Deputy Chief Observer&comma; EU Election Observation Mission&period; &lpar;NAN&rpar;<&sol;p>&NewLine;<p><&excl;-- END THEIA POST SLIDER -->&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<&sol;p>&NewLine;<script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-format&equals;"autorelaxed" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"1004305389"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad4" id&equals;"quads-ad4" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;

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