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Nigeria's election and the economy

Nigeria's election and the economy

We explore the challenges facing Nigeria’s economy as it goes to the polls.

Business Daily · BBC World Service

February 15, 202318m 41s

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Show Notes

Nigerians head to the polls very soon, in what's expected to be a very closely-contested election. In this episode of Business Daily Rob Young explores how the economy could impact the vote.

Africa’s largest economy, is struggling with soaring prices, fuel shortages and insecurity. We hear from Maty Ukhuegbe Osaro who runs a restaurant in Lagos called The Fish Lady, she tells us how the pandemic and rising prices have affected her business and about her hopes for the outcome of this election.

Economist and financial business boss, Bismarck Rewane, says us the uncertainty around the election has led some large businesses to hold off taking key decisions and Ngozi Okonjo-Iweala, the director general of the World Trade Organisation, and former finance minister in Nigeria tells us she's optimistic about Nigeria's economic potential.

Presenter / producer: Rob Young Image :Campaign rally for the Labour Party in Lagos; Credit: Getty Images