Peter Obi should run once more at the 2027 presidential election, as the Tribunal would never sack President Tinubu, the EIU stated.
The Economist Intelligence Unit (EIU), a British research agency and a subsidiary of the Economist Newspaper, has predicted that the Presidential Election Petition Tribunal will not dismiss APC President Bola Tinubu.
According to SurgeZirc NG, the EIU also forecasted that Mr Peter Obi, the presidential candidate of the Labour Party (LP), would emerge as a prominent force in 2027.
According to the EIU’s most recent assessment, Tinubu won the February 25 presidential election with only 36.6 percent of the vote, but the outcome is unlikely to be overturned by the courts.
“Bola Tinubu, the candidate of the ruling All Progressives Congress, won the presidential election in February with only 36.6 percent of the vote.”
The decision is being challenged in court, but EIU does not believe it will be overturned.
“Mr. Tinubu prioritised winning the Muslim north, and calls for secession from the Christian-majority south will grow louder,” according to the EIU’s latest assessment.
According to the research, Tinubu has overcome his low popularity to launch a campaign of market reform on a scale and intensity that is nearly unprecedented in Nigerian history.
According to the EIU, Tinubu has deregulated the foreign exchange market and petrol pricing, measures that would result in a healthier economy in the medium to long run but will cause suffering in the short term pain for customers.
It also stated that the ability to protect people from rising prices is limited due to a small fiscal footprint.
The EIU also stated, “in a country already dealing with several security issues fueled by high unemployment and widespread poverty, the possibility for popular upheaval poses a significant risk to both the smooth implementation of reforms and the government’s capacity to survive its first term.”
According to the research, inflation was 22.6 percent when Tinubu took office in May and will grow dramatically in 2023 and 2024.