London-Based Economist Predicts Victory For Buhari, Gets Knocks From Atiku
You remember The Economist magazine? It was the magazine which carried an editorial describing former president Goodluck Jonathan as “an ineffectual buffoon” in 2016.
The publication has beamed its search light on Nigeria again, ahead of the 2019 elections.
According to the magazine, Nigeria’s opposition coalition may collapse before the 2019 general election and give way for the re-emergence of President Muhammadu Buhari.
The magazine is reported by the Nation to have made the prediction in its latest edition.
But the prediction doesn’t sit quite well with the opposition, Peoples’ Democratic Party, PDP candidate and main challenger of President Muhammad Buhari, former Vice President Atiku Abubakar.
Atiku, on Monday, December 3rd, described the forecast as failing to meet the attributes of objectivity, balance and fairness.
Appraising Nigeria, the magazine said: “The president, Muhammadu Buhari, will win re-election in February, as a new opposition coalition may collapse before the vote.
“Given the outlook for continuing political weakness, there is little prospect of progress in the fight against the Islamist insurgency in the north, nationalism in the oil-producing Delta and secessionism in the Biafra region.
“Market-based reforms will languish, holding back growth yet again.”
The magazine’s other predictions for Nigeria are: GDP growth of 1.9%; GDP per capita of -$2, 410; inflation rate of 13.6%; and population growth of 201.0 million.
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