Effect Of Election On Nigeria Economy
Economists are divided in opinion on how the current uncertain political environment will impact economic activities in the country with one saying there may be no serious consequences considering the supreme court s resolve to address the matter promptly.
Effect of election on nigeria economy. Low turnout in lagos election shows endsars impact. 1 the us economy and the election. The main reason is fiscal policy as politicians usually prefer an expansionary policy ahead of an election.
A man raises a ballot paper during the counting of governorship and state assembly election results in lagos nigeria march 9 2019. This has led to slower economic growth in every election year that the indian economy has seen after independence. I don t foresee any major impact on the economy.
Bush it s the economy stupid but the economy also. Gdp growth is on average 0 3 higher than in non election years. Cbn discloses how 2019 elections will affect nigeria s economy.
And the other maintaining it can have a negative impact on investment. Npr s david greene talks to david wessel director of the hutchins center at the brookings institution about how the. Not all industries face the negative impact of an election.
Elijah kovar from great waters financial joined kare 11 news at 4 to talk about how past. After the results of the december 7 2020 election where the. For some industries the impact is very positive.
By nwokoye mpi posted on monday 14 december 2020 15 10. Not a lot better but clearly better. Thus long term spending like infrastructure projects takes a hit.