Fidelity bank card banner Camano banner
Presidential election heading for run-off: Expert forecast

By News Express on 22/02/2019

Views: 2,143

•President Buhari and PDP Presidential candidate, Atiku Abubakar
•President Buhari and PDP Presidential candidate, Atiku Abubakar

Nigeria’s presidential election, rescheduled to hold February 23, is headed for a run-off between the incumbent president and the main opposition candidate, Damina Advisors has predicted.

“Nigeria’s main opposition party, the center-right Peoples Democratic Party (PDP), and its leader Former Vice President Atiku Abubakar, as well as third party minor candidates are enjoying a late surge in electoral support, but neither the government nor the opposition will likely win the required 50%+1 of the votes cast in the upcoming poll,” Damina wrote in an emailed statement at the end of a conference call Wednesday on the Nigerian polls.

Damina in a January 7 note predicted that the elections would be shifted, citing a number of possible factors, including logistics challenges.

The Independent National Electoral Commission (INEC) postponed the polls in the wee hours of Saturday 16, when the polls were scheduled to hold, citing logistics challenges that had made distribution of electoral materials throughout the country difficult.

Nigeria’s 1999 Constitution requires that for a presidential candidate to be deemed elected, he or she must score 50%+1 of the national vote, and at least 25% of the votes in two-thirds of the 36 federal states.

The Constitution also requires that a runoff be held within seven days of the declaration of results if no candidate meets the criterion above.

INEC has announced that the presidential results will be announced on Wednesday, February 27.

“If Nigeria goes to a second-round vote in early March, the gubernatorial polls currently scheduled for March 9 will also have to be postponed,” Damina said.

“Nigeria is poised to have another 6-8 weeks of intense capital markets volatility as the country, Africa’s most populous, elects a divided government for the first time in a generation,” it added.

Sourced from a Businessday report

Source News Express

Posted 22/02/2019 12:46:35 PM

 

 

CLASSIFIED ADS

 

You may also like...
Osun doctors call off seven months strike

Bayelsa Deputy Governor takes charge as Dickson goes...

BREAKING NEWS: Buhari confirms Adamu Mohammed as Police...

Awka town meeting aspirant outlines agenda for Awka...

National Environmental Agency shuts 5 facilities in Rivers...

Why we started TMTR Training Room — Toni...

INEC issues Certificates of Return to Zamfara Governor-elect,...

Ambode hands over to Sanwo-Olu 24 hours before...

Nigerian govt. rejects U.S. position on IPOB

‘The commissioner lied’: Obi’s aide faults Anambra Sports...

GOC visits warring Ebonyi and Cross River communities...

Buhari is distracting Nigerians, By Odimegwu Onwumere

 

Latest News Jonathan’s ally joins Bayelsa guber race Father’s Day: Okowa urges parents to build better homes INEC Server: Atiku tackles mischief makers Human trafficking: How organ hunters obtain, sell hearts, human eggs We must join hands to lift our young ones from poverty to prosperity, says Tony Elumelu as he receives honorary doctorate degree Journalist, relief officials escape abduction CAN Presidency: TEKAN President draws battle-line with Ayokunle APC crisis may delay submission of ministerial list to Senate Akeredolu lauds NDDC 4,000 health personnel needed in Borno – Health Union 2019 Elections: How political parties created logistic challenges – INEC A pain has come that will never go, says Dokubo as elder sister is buried

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (494,155 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (425,329 views) Shameless Genevieve Nnaji exposes breasts in public (365,076 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (311,711 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (276,057 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (243,895 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (233,803 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (215,733 views) 10 cars more expensive than Jets (212,392 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (204,309 views) Lagos plane crash: Journalist releases victims’ names (184,413 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (183,760 views)

 

NNPC Financial reports February 2019

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (93) Business & Economy (4,308) Business Verdict (73) Columnists (1,051) Complaints & Requests (95) Enterprise & Opportunities (209) Entertainment (623) Features (759) Global Business Monitor (378) ICT Monitor (53) International (3,591) Interview (184) Live Commentary (30) Love Matters (162) Maggie's Blog (302) News (47,400) Opinion (1,260) Pidgin (17) Politics (11,022) Religion (1,022) Sports (2,043) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera