Bola Tinubu and Atiku Abubakar have significant power bases across
Additionally, inflation has reached its highest in nearly two decades, hitting double-digit figures, and many Nigerians say that life is harder now than when Buhari took office in 2015. The naira currency has plunged to record lows as unprecedented oil theft knocked crude exports last year; all the while, corruption also remains at endemic levels.
Obi, who left the PDP last year and was Abubakar's running mate in 2019, has cast himself as a reformist willing to overhaul Nigeria's political system. But on policy, there is little difference between the main candidates. Their manifestos say they would scrap a fuel subsidy that cost $10 billion last year. However, they differ on how quickly they plan to do this.How will the election take place?
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EXPLAINER | What is at stake for investors in Nigeria's election?Voters in Nigeria go to the polls on February 25 and international investors are cautiously hopeful that whoever is elected as the next president of Africa's largest and most populous economy will be more market-friendly than the current government.
Source: SundayTimesZA - 🏆 47. / 51 Read more »
EXPLAINER | What is at stake for investors in Nigeria's election?Voters in Nigeria go to the polls on February 25 and international investors are cautiously hopeful that whoever is elected as the next president of Africa's largest and most populous economy will be more market-friendly than the current government.
Source: TimesLIVE - 🏆 28. / 59 Read more »
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