Mr. 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 the conduct of elections.
He identified shortage of petroleum products and naira redesign as major challenges facing INEC, but said solutions were in sight.
“We are taking the councilors through all the preparations we have made for the election and some of the challenges we are facing and the steps we are taking to address them.
“The first is the availability of petroleum products. We had a meeting with the National Union of Road Transport Workers and they said it was a problem,” said Mr. Yakubu.
He said that immediately after the meeting with the transport union the Commission interfaced with the leadership of Nigeria National Petroleum Company Ltd (NNPCL).
“Currently, there is a technical committee working; this idea is for them to benefit us using over 900 mega land as well as floating mega stations nationally for the purpose of product socks.
“This is to ensure that the commission is not burdened in the movement of personnel and materials for the election.
“The second 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 be burdened on that front.
“Fortunately for us, all our accounts, national and state are held by the apex bank,” he said.
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Mr. Yakubu added: “So, we raised the challenge and we have found a solution to the challenge, so we are confident that the election will 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 State Council on February 10 when the body will meet at the Presidential Villa.
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