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Analysis by Region - Emerging Markets - Nigeria

Publisher Oxford Economics
Published Apr 06, 2023
Length 6 Pages
SKU # OFE17888490

Description

Analysis by Region - Emerging Markets - Nigeria

The second leg of Nigeria's general elections took place on March 18, with 28 of the country's 36 states voting for their governor and state representatives. There were reports of violence, voter intimidation, and attacks on polling stations, with gangs allegedly stealing ballot papers at polling stations in Lagos. The ruling All Progressives Congress (APC) won 16 governorships, ahead of the People's Democratic Party (PDP) at 10, and the Labour Party and New Nigeria People's Party (NNPP) at one seat each. Three more states (Kogi, Imo, and Bayelsa) are scheduled to hold their gubernatorial elections in mid-November.

Table of Contents

6 Pages
Nigeria: Liquidity crisis caps Short-term Growth prospects
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics
How Do Licenses Work?
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