Buhari’s Victory Means“More Political Interference! Economist Says

Buhari Vs .Atiku

The main presidential opponents in Nigeria had different promises in their campaign manifestos. Atiku Abubakar who happens to be a pro-market multimillionaire said that he would float the national currency and sell stakes in the nation’s oil company.

Buhari on the other hand, believes in a strong role for the state and retaining government control of large swathes of industry. He pledged to boost public spending on road and rail projects.

A Buhari victory means “more political interference in Nigeria’s economy and slower growth,” Mark Bohlund, an economist at Bloomberg Intelligence in London, said in a note Tuesday before final results were announced.

A win for Abubakar would have meant “greater capital investment and a boost to economic growth over the medium term,” he said.

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