Wednesday, 11 February 2015

ELECTION POSTPONEMENT AND NATIONAL ECONOMY

Nigerian 2015 election postponement leaves thousands in appalled expression,
while others with different anticipation.
The former vice president Atiku Abubakar on his twitter page described the
postponement as a factor that will hinder the flow of Nigerian economy.
It is very crucial to pay attention to the real effect of this election postponement
on our national economy, investment and job creation.
He added ‘the postponement has increased economic uncertainty which means
more apprehensive investors are trying to abandon their fund as a result of this
repatriation.
More so Pressure on Naira is causing more devaluation, meaning that jobs of our
youths are at risk.
Lastly he accused federal government of having no effort to calm the investors.
"So far there has been no effort by federal government to calm investors, this is
irresponsible, and the economy should not suffer due to politics."

No comments: