According to him, some of the IOCs are making their money in Nigeria yet failing to make their contributions to the commission.
The purchase of the presidential yacht was approved by then-President Muhammadu Buhari’s regime.
INEC has been urged to ensure credible conduct of the November 11 governorship elections in Bayelsa, Imo and Kogi.
Ms Kingibe said this at a news conference on Wednesday in Abuja.
“As at the time of reporting, only 11 states accessed the 2022 matching grant fund,” he said.
The bill seeks to combat terrorism, insurgency, banditry and other heinous crimes.
Mr Kalu expressed concern that the country is undergoing some economic challenges due to low productivity.
Certain ministries, departments and agencies failed to honour a Senate committee meeting to justify their input in loans already approved for the Buhari regime.
Mr Buhari explained that he would use the loans used to execute priority projects and support state governments in stimulating their economy adversely hit by the COVID-19 pandemic.
