​Atiku laments impact of elections shift on economy

Atiku Abubakar

A former vice president, Atiku Abubakar, on Tuesday said that the decision to postpone the general elections ​has ​increased economic uncertainty​ in the country.​

Mr. Atiku, who lost in his bid to become ​the ​presidential candidate of the All Progressive Congress, said this via his Twitter account, @Atiku.

“The real effect of this election postponement on our national economy, investment and jobs.

‎”The postponement has increased economic uncertainty, which means more apprehensive investors are trying to evacuate their funds. ‎ A result of this repatriation stampede is the continued pressure on the Naira, causing more devaluation. Jobs for our youth are at risk!” Mr. Atiku stated in a series of tweets.

He said that the federal government must calm political tensions to assure investors of their investments while protecting jobs.

“‎It’s important the FG swiftly calms political tensions, and assures investors of Nigeria’s stability, so we can protect our peoples jobs”.

Mr. Atiku said the Nigerian government is irresponsible for what he described as letting the economy suffer for politics sake.

“So far, there have been no efforts by the FG to calm investors. This is irresponsible. The economy should not suffer due to politics,” Mr. Atiku tweeted.


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  • tayo

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  • John Daniel

    In recent times, there was election shifts in 2007 and 2011, so why is this one generating so much acrinomy. Is Jonathan so hated that anything he does whether right or wrong is judged negatively….

    • Wähala

      Yes!
      He’s so hated people consider him a bad omen.
      Do you know the meaning of, “enabling environment” and “investor confidence” in economics?
      That’s what Atiku is talking about. Because of the postponement, even shipping insurance costs have gone up. The collateral effects on the Naira means further devaluation and inflation means loss of “real value”. Maybe he’s being too technical for your level, get someone to interpret what he & I are trying to hammer into your fake skull. Didinrin!

      • Odogwu

        E CO 101!

      • Joe

        The shift have calmed down tensions. I hear that some politicians asked their supporters not to continue with billboard posts.

  • John Daniel

    I believe postponing the elections is way of allowing nigerian’s that dont have PVC to get before the date, and to make sure security is in place also making sure that insugency is solve so as to allow nigerian’s to come out and vote without witnessing violence. I will say Jega did well… #GEJ4Naija

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  • tyson

    Nigerian election in 2003 was held in April, 2007 April and the last but not the least which took place in 2011 was also held in April. One is therefore wondering why Prof Jega and APC wanted to rush Nigerians to an election that will disenfranchise over 43million voters in Feboooooooooohari–Happily for the Nation of Nigeria and her citizens the elections was moved to the 28th of match boooooooooooooohari? When Buhari is expected to produce his Sabinkate–what a country

    • progress

      Go and watch the video where your uncle okupe was humiliated by his own doing .the evil that men do lives…….

  • mike

    The pdp and their clueless leaders do not know jack about economics that is why they have stolen the country blind. The fall in oil prices has exposed them.

  • cy

    Why postpone the election? This election is for either continuity or change. How is 6weeks suddenly become enough to stop boko haram. What are these movements in the court. First, the top military echelons have displayed their decay (I say top military because their actions doesn’t represent the real Nigerian military personnel who are from homes where this evils of the present administration has effected) I want to remind this government to take notice. The world is watching them . There is a saying in the south east which says. When a dog is about to die, the sense of smell eludes it . Nigeria is much more bigger than your personal interest Mr president !!

  • sir Oscie

    Very well said Atiku, Our political gladiator.
    Thank goodness CHANGE is on way to Nigerians and we are ready to embrace the CHANGE.
    Support and Vote APC my people! As Buhari #march to Aso Rock.