House of Representatives Leader Ado Doguwa says the naira crisis will affect politicians’ electioneering expenses, noting that he needs N70 million in “hard copy” for the election.

He made the remark following a meeting with President Muhammadu Buhari on Thursday at the Aso Rock villa in Abuja, following the Nigerian leader’s directive to the CBN on the naira swap.

“I need to have this N70m in hard copy. That is the position of the law and as I speak to you, I don’t have it,” the House leader said in reference to Section 88(4) of the Electoral Act which caps election expenses for House of Representatives seats at N70,000,000.”