Premium Reporters is reporting that in readiness for the July 14 Governorship election in Ekiti State, the Minister of Mines and Steel Development, Dr Kayode Fayemi Fayemi has submitted a budget of N25 billion to President Muhammadu Buhari to fund the election.

The report was authenticated by Lere Olayinka, Media Aide to the Ekiti State Governor, Ayodele Fayose in his Facebook page on Thursday morning.

Fayemi, who is the candidate of the All Progressives Congress, APC, presented the budget to the President through his Chief of Staff, Abba Kyari before the President met with Governorship aspirants in Abuja on Wednesday.

A source that was privy to the development disclosed that Fayemi frankly told the Chief of Staff that “Ekiti people are extremely poor, when they see money, they will vote for me. The moment there is money, we can buy enough votes to win the election.”

Even before he declared his intention to vie for the Governorship, Fayemi had allegedly boasted that he had the capacity to provide N8 billion from his own pocket to fund the election, while also giving the assurance of N20 billion from the Presidency to buy one vote at not less than N20,000.″

After presenting the N25 billion budget to President Buhari’s Chief of Staff on Wednesday, a meeting was fixed for Saturday, where how to source the fund will be discussed and finalized.

The source, however, revealed that four major Government institutions are already pencilled down for the provision of the fund.

Kaduna State Governor, Nasir El-Rufai was listed to be contacted to handle the souring of at least, from N10.5 billion from the Nigerian Ports Authority, NPA, since his person is the Managing Director while the Minister of Transport, Rotimi Amaechi will raise N6 billion from the Nigerian Maritime Administration and Safety Agency, NIMASA,. The remaining N8.5 billion is expected to be raised from the Nigeria National Petroleum Cooperation, NNPC.