Browsing: Peter Obi

Nigeria voting for change and economic rebound

Nigeria Decides: Will the New President Restore the Giant of Africa’s Glory?

Countries

Driven by a deep-seated hunger for change in Nigeria, on pins and needles citizens remain, eagerly awaiting the announcement of the country’s next president, which should happen any time from now, following the February 25th  general election. The slow collation and reporting of the votes by Nigeria’s electoral commission, the Independent National Electoral Commission (INEC), has only fueled the anxiety, coupled with whispers of electoral interference that the Commission has thwarted.

The three front-runners out of the initial 18 candidates are Peter Obi, Bola Tinubu and Atiku Abubakar. Results from 176,846 polling stations are being counted manually and then relayed electronically to the INEC’s headquarters in Abuja, which then posts them on its website.

As of February 28, Tinubu leads in 25 out of Nigeria's 36 states. Tinubu leads with 36% which translates to 7 million of the valid votes counted, Atiku is close behind with 30% an equivalent of…

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Nigeria's residential elections

A surprise candidate leads the race in Nigeria’s presidential elections in 2023

Nigeria

Some have wondered whether Obi will manage to upset the status quo that has defined Nigerian politics since 1999. However, great support for Obi has been borne of the young generation’s apparent frustration with Nigeria’s political class.

More specific, many people view the presidential candidates from the two major political parties, APC and PDP, as representatives of status quo politics that have left Nigeria on the brink of economic shutdown.

In the run-up to Nigeria’s presidential elections in 2023, the electorate confronts the challenges of soaring inflation, a plummeting currency, and prevalent insecurity. Crude oil, Nigeria’s economic backbone, has seen its production slump to multi-decade lows. Moreover, the government has seen its debt service exceed the earned revenue in the first quarter of 2022.…