Fuel/Naira Scarcity: INEC Chairman Speaks On Postponing 2023 Election

Fuel/Naira Scarcity: INEC Chairman Speaks On Postponing 2023 Election

Mahmood Yakubu, the INEC chairman, spoke on Wednesday about the need to postpone the general elections in 2023 because of the country of Nigeria’s fuel and currency shortages.

Yakubu was present at the Federal Executive Council (FEC) meeting on Wednesday.

President Muhammadu Buhari presided over the weekly FEC meeting.

Yakubu stated during the plan that the nation’s next general elections will go as scheduled.

There have been worries about how the upcoming presidential and governorship elections on February 25 and March 11 may be affected by the fuel and naira shortages.

After addressing the FEC on election preparations and issues, Yakubu spoke with State House reporters and said that the petrol and naira shortages have been handled as a result of guarantees from the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.

He clarified that the apex bank has all of its accounts, both national and state-level, and believes that the elections won’t be postponed.

The INEC Chairman further stated that the commission has met with relevant stakeholders to address the challenge of petrol scarcity after interfacing with the leadership of the Nigerian National Petroleum Company (NNPC) Limited.

Yakubu also disclosed that the Commission is scheduled to brief the Council of State on Friday, February 10.


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