Friday, October 2, 2026

Fuel/Cash Crisis: Elections will hold as scheduled, INEC assures after meeting Buhari

He identified the scarcity of petroleum products and the naira redesign as major challenges confronting INEC. However, Mr Yakubu said solutions were already in sight.

• February 8, 2023
Prof. Yakub Mahmood
INEC chariman, Professor Mahmood Yakubu [Photo Credit: Twitter]

He identified the scarcity of petroleum products and the naira redesign as major challenges confronting INEC. However, Mr Yakubu said solutions were already in sight.

The Independent National Electoral Commission (INEC) says the 2023 general elections will hold as scheduled despite fuel and new naira notes scarcity.

INEC chairman Mahmood Yakubu said this on Wednesday in Abuja when he fielded questions from State House Correspondents after he briefed the Federal Executive Council (FEC)on the level of preparedness for elections.

He identified the scarcity of petroleum products and the naira redesign as major challenges confronting INEC. However, Mr Yakubu said solutions were already in sight.

“We took members of the council through all the preparations we have put in place for the elections and the few challenges we are facing and the steps we have taken to address them.

“The first one is the availability of petroleum products. We had a meeting with the National Union of Road Transport Workers, and they raised that as an issue of concern,” Mr Yakubu said.

He said immediately after the meeting with the transport union, the commission interfaced with the leadership of the Nigeria National Petroleum Company Ltd (NNPC).

“Right now, there is a technical committee working; the idea is for them to avail us the use of their over 900 lands mega as well as floating mega stations nationwide for the purpose of stocking products.

”This is to ensure that the commission doesn’t suffer any encumbrances in the movement of personnel and materials for the election.

“The second one is the currency issue, and again, we had an engagement yesterday with the governor of the Central Bank of Nigeria, and he assured us that the commission will not suffer any encumbrances on that front.

”Fortunately for us, all our accounts, national and state, are held by the apex bank,’’ he said.

Mr Yakubu added, ”So, we raised those challenges, and we have found solutions to those challenges, so be rest assured that the elections are going to be held as scheduled on February 25 for the national and on March 11 for the state election.”

The INEC chairman also said he plans to brief the Council of State on February 10. 

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Transmission Company of Nigeria (TCN)

Uncategorized

TCN restores Kainji-Birnin Kebbi 330kV transmission line

The company said power went off in the affected areas on September 7.

Older Nigerians

States

Group seeks better healthcare, social support for elderly Nigerians

Mr Oluwadamilare said growing old in Nigeria was becoming increasingly difficult due to economic hardship.

The Independent National Electoral Commission (INEC)

States

INEC urges Sokoto voters to maintain confidence in electoral process

INEC reminded registered voters that collection of Permanent Voter Cards (PVCs) would begin on October 9.

Bayelsa State governor, Douye Diri

States

Bayelsa governor urges Nigerians to renew commitment to unity, development

The governor congratulated the people of Bayelsa at home and abroad.

Aliko Dangote

NationWide

Dangote Foundation gives Nigerian students free shares to build new generation of investors

The initiative forms part of ADF’s broader commitment to empowering young Nigerians.

Police officers

States

Police, security agencies launch operation to rescue abducted corps members in Imo

The incident occurred on Thursday at about 6:30 p.m. along the Owerri-Onitsha Road, near Umunoha.