Ahead of the 2019 general elections, an intelligence firm based in New York has revealed possibilities of Buhari losing elections.
NIGERIA NEWS gathered from reports that the firm, Teneo Intelligence, based its findings on the happenings in Osun State.
Recall that rerun will hold in Osun State tomorrow due to the declaration of the Guber polls result as inconclusive.
According to the intelligence firm, “if the opposition manages to unite, the February election would be a tough one for the ruling APC.”
“There is already a clear message sent from Osun State: provided the PDP remains united, and the vote is reasonably free and fair, Buhari and his APC are likely to lose the general election,” Malte Liewerscheidt, an analyst at Teneo, said.
Recall also that, “HSBC Bank, a global financial organisation, had earlier predicted that Buhari may lose next year and that Nigeria’s economy will take a downturn if he wins in 2019.”
In its report titled: “Nigeria: Papering Over The Cracks”, HSBC said, “A second term for Mr Buhari however raises the risk of limited economic progress and further fiscal deterioration, prolonging the stagnation of his first term, particularly if there is no move towards completing reform of the exchange rate system or fiscal adjustments that diversify government revenues away from oil.
“In the near term, however, the election impact is likely to be negative as increased political uncertainty precludes policy reforms, weighs on confidence, deters investment spending and restrains the growth outlook.”