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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