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NIGERIA: Teneo Presents Update on the Presidential Election Forecast

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As the February 16 Presidential Election draws closer, more forecast regarding how the people will vote and who will win continues to fill the media space.

Below is an update on the Presidential Election as forecast by Teneo

NIGERIA: Update on the presidential election forecast

● We continue to forecast a seemingly comfortable 16 percentage point lead for the main opposition candidate Atiku Abubakar over President Muhammadu Buhari.
● Yet the underlying assumption of a ‘reasonably free and fair vote’ might not hold, increasing the likelihood of a lengthy legal challenge of the result.
● Key strategies employed by the major parties to manipulate the results will include vote buying and disruption of the vote in opponents’ strongholds. Control of security institutions gives the ruling party an advantage regarding the latter.

Less than two weeks ahead of the 16 February presidential and legislative polls, our forecast concerning the outcome of the presidential election remains unchanged. We still project a first-round victory by the main opposition candidate, Atiku Abubakar, with up to 57% of votes, against an anticipated 42% to be cast for the incumbent, President Muhammadu Buhari (please click below on “View PDF” for a visual overview). That would give Atiku a seemingly comfortable 16 percentage point advantage over Buhari. As per our initial forecast, the underlying assumption is a ‘reasonably free and fair’ vote, i.e., levels of fraud, voter intimidation and manipulation that do not exceed those observed in the 2015 ballot. However, as previously explained, this assumption might not hold, and the election outcome is thus likely to be challenged in court.

The prospects of a legal challenge For starters, presidential election results being challenged in court is the rule rather than the exception. Since 1999, four out of five presidential elections ended up in court (see table below). Ironically, then-candidates Atiku and Buhari jointly appealed against the result of the 2007 presidential election, universally regarded as Nigeria’s most rigged electoral contest to date. While the courts have so far always decided in favor of the president-elect, Buhari might have alienated the judiciary
with the recent suspension of the Chief Justice of Nigeria. However, everything would depend on the composition of the Supreme Court tribunal eventually reviewing the appeal.

As per the ‘time lag’ column in the table below, in the event of a legal challenge, Nigeria would be in for a prolonged period of suspense.

Under such a scenario, how paralyzed the political system will become would much depend on the majorities in the Senate and the House of Representatives, which will equally be elected on 16 February. If the president-elect has no majority in the National Assembly, any major policy decisions would likely be blocked, including appointments requiring Senate approval.

However, it should be noted that even in a ‘normal’ year, passing the annual budget can take more than six months.

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Should Buhari win, it is virtually guaranteed that Atiku will go to court. In fact, his People’s Democratic Party (PDP) has legally challenged the results of the Ekiti and Osun gubernatorial polls conducted in July and September 2018, respectively.

Conversely, there would be a lesser chance of a legally contested outcome in the event of an Atiku victory. Indeed, this would imply that government institutions were unable to prevent or were even complicit in vote-rigging, which would be somewhat embarrassing for Buhari. In 2015, the only instance so far in which a sitting president was defeated, then president Goodluck Jonathan chose to vacate his seat without recourse to legal means.

How to rig the election: a primer

Both main parties will try to rig the election in their favor. However, their ability to do so depends on their respective control of the situation on the ground, which varies across the country. This puts the opposition in a better position in its traditional strongholds across the south-south and south-east geopolitical regions, while the ruling APC has a better ground game across the north. Note that this is already factored into our forecast. Ultimately, however, the greater – not necessarily
exclusive – sway over the security forces favors the party in power.

The strategies to be deployed are shaped by the rules of the game, i.e. the provisions of the 2015 electoral act as well as the rules and regulations issued by the Independent National Electoral Commission (INEC). Although their use is still not mandatory, the electronic authentication of voters by means of a Permanent Voters’ Card (PVC), containing the voter’s biometric details, is a key aspect of the electoral process. As in last year’s state-level elections, parties will therefore place much emphasis on vote buying, even though this strategy has its drawbacks: voters might take the money but still vote
independently. Yet the apparent scarcity of funds during the campaign so far suggests parties are hoarding cash to be disbursed on election day.

Given the pitfalls of vote buying, another strategy that will surely be deployed is to simply disrupt the vote in opponents’ strongholds. This can take place before the vote, for instance by destroying uncollected PVCs, as recently happened in Abia State (a PDP stronghold) where a local INEC office was set ablaze, destroying an alleged 15,000 voter cards. During
election day, the strategic deployment of army and police units will probably feature highly.

Similar to what happened during last year’s elections in Ekiti and Osun State, the security forces are more likely to intercept the vote-buying business of opposition parties or – a particularly crude tactic employed during the partial re-run in Osun – deny opposition voters access to polling stations altogether. However, the crucial difference to state-level polls is scale: the security forces are simply spread too thinly to control a nationwide election involving some 120,000 polling stations.

Malte Liewerscheidt
Vice President
+44 20 7186 8870
malte.liewerscheidt@teneo.com

© 2019 Teneo. All rights reserved. This material was produced by Teneo for use solely by the recipient. This communication is intended as general background research and is not intended to constitute advice on any particular commercial investment or trade matter or issue and should not be relied upon for such purposes. The views expressed here represent opinions as of this date and are subject to change without notice. The information has been obtained from sources believed to be reliable but no guarantees can be given as to its accuracy, completeness or reliability. No part of this publication may be reproduced,
stored in a retrieval system, or transmitted in any form or by any means, electronic or otherwise, without the prior consent of Teneo.

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The multi-stage election results collation process offers another avenue for manipulation, especially since results are still not transmitted to INEC servers straight from the polling station. Besides, INEC has a habit of only publishing top-line, aggregated results, which makes it difficult to detect manipulation at lower levels. Finally, INEC’s ICT infrastructure.

The details (tables, graphs et al) are contained in the PDF document below:

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Tinubu Presents N47.9trn 2025 Appropriation Bill to NASS

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President Bola Tinubu, on Wednesday, presented the proposed 2025 federal budget to a joint session of the National Assembly.

The N47.9 trillion budget saw a whopping N3.5 trillion allocated to the education sector.

Other sectors that got higher allocations include defence and security – N4.91tn, infrastructure – N4.06tn and health – N2.4tn.

“It is with great pleasure that I lay before this distinguished joint session of the National Assembly, the 2025 Budget of the National Assembly of Nigeria titled, ‘The Restoration Budget’ security peace, building prosperity,” Tinubu said as he concluded his 30-minute presentation at 1:10pm.

This budget highlights the government’s focus on improving education, healthcare, and infrastructure, in line with its ‘Renewed Hope Agenda’ aimed at boosting the economy and addressing key national priorities.

The live broadcast of the budget presentation today revealed the government’s plans for the next fiscal year. With a strong emphasis on human capital development, the president highlighted the budget’s commitment to improving the nation’s economic foundation.

Education sector receives major funding 

A significant portion of the 2025 budget is dedicated to education, with N3.5 trillion allocated to the sector. President Tinubu stated that part of this funding would be directed toward infrastructure development, including support for Universal Basic Education (UBEC) and the establishment of nine new higher educational institutions.

We have made provision for N826.90 billion for infrastructural development in the education sector,” Tinubu said.

This allocation aims to improve educational facilities and support ongoing efforts to strengthen Nigeria’s educational system.

Focus on human capital development 

During the presentation, the president emphasized the importance of investing in Nigeria’s human capital. “Human capital development, our people are our greatest resource. That is why we are breaking record investment in education, healthcare, our social services,” he remarked.

Tinubu also pointed to the N34 billion already disbursed through the Nigerian Education Loan Fund (NELFUND) to assist over 300,000 students.

The budget includes continued investments in healthcare and social services as part of the broader goal of enhancing the quality of life for Nigerians.

Strengthening the economy and national security 

Tinubu highlighted that the 2025 budget is designed to build a robust economy while addressing critical sectors necessary for growth and security.

“This budget reflects the huge commitment to strengthening the foundation of a robust economy, while addressing the critical sectors essential for the growth and development we envision; and secure our nation,” he said.

The budget aims to tackle key challenges and foster long-term economic stability by prioritizing infrastructure and development in key sectors.

Healthcare and social services allocations 

In addition to education, Tinubu focused on the allocation for healthcare and social services. The government plans to increase investments in healthcare infrastructure and services to ensure broader access to essential healthcare for Nigerians.

These investments are part of the administration’s strategy to improve overall living conditions and enhance public health across the country.

President Tinubu’s proposed 2025 budget is said to reflect the administration’s commitment to achieving its development objectives, with a focus on economic growth, human capital development, and infrastructure improvement.

As the National Assembly reviews the budget, the president reiterated his administration’s resolve to address the nation’s most pressing needs.

Source: Nairametrics

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Ghana’s President-elect Mahama Visits Tinubu in Abuja

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Ghana’s President-Elect, Dr. John Dramani Mahama, a courtesy visit to President Bola Tinubu at his residence, Presidential Villa, State House on Monday.

Mahama

Mahama won 56 percent of the votes in this month’s presidential election, compared to the ruling party candidate and Vice President Mahamudu Bawumia, who secured 41 percent.

Mahama

The landslide comeback for former president Mahama ended eight years in power for the New Patriotic Party (NPP) under President Nana Akufo-Addo, whose last term was marked by Ghana’s worst economic turmoil in years, an IMF bailout and a debt default.

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I Stand by What I Said, Kemi Badenoch Replies VP Shettima

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The leader of the United Kingdom’s Conservative Party, Kemi Badenoch, has lashed back at Vice President Kashim Shettima over the latter’s reaction to her comments about Nigeria.

Badenoch was born in the UK in 1980 to Nigerian Yoruba parents.

Badenoch, who attained age 16 in Nigeria before departing the country for the UK where she was elected Conservative Party’s leader, described Nigeria as a nation brimming with thieving politicians and insecurity.

However, Shettima, while speaking at the 10th Annual Migration Dialogue at the Presidential Villa in Abuja on Monday, December 9, 2024, accused Badenoch of “denigrating her country of origin” with her remarks.

The vice-president listed influential people whose families had migrated to other countries, commending former UK Prime Minister Rishi Sunak as a “brilliant young man who never denigrated his nation of ancestry.”

Reacting on Wednesday, Badenoch lashed back at Shettima, saying she doesn’t do “PR for Nigeria”.

Her spokesperson, as the Tory leader, according to UK Express, said: “Kemi is not interested in doing Nigeria’s PR; she is the Leader of the Opposition in the UK.

“She tells the truth; she tells it like it is; she isn’t going to couch her words. She stands by what she said.”

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