Nigerian Senate Approves Budget for Electoral Body Before Vote

(Bloomberg) -- Nigeria’s Senate approved the release of 189 billion naira ($521 million) to the West African nation’s electoral body to prepare for next year’s general elections, Senate President Bukola Saraki told lawmakers on Thursday.

Nigeria’s Independent National Electoral Commission has scheduled presidential and national legislative elections for Feb. 16, followed by state elections in March. President Muhammadu Buhari, 75, plans to seek re-election as president of Africa’s top oil producer and most populous nation.

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