Vice President Yemi Osinbajo has submitted that an effective cashless policy in Nigeria will help reduce the surge of illicit election financing by making it possible to track funds.
Osinbajo gave the submission at the presidential villa when he received a delegation of the European union election observation mission led by the chief observer, Barry Andrews.
While noting the difficulty in controlling election financing due to cash transactions, Osinbajo said that there are still infrastructure issues required to be in place to ensure an efficient cashless system in the country.