Nigerian Presidential Election 2015 getting really problematic

Nigeria is already something of a powder keg. Voting
has, in the past, also tended to split somewhat along
religious and ethnic lines. The predominantly Muslim
north tends to support the opposition. The mainstay of
support for Mr Jonathan’s PDP has generally been in the
more prosperous south. The worry is that, whoever wins,
there will be violence in one or other part of the country: a
victory by Mr Buhari, a northern Muslim, could re-ignite
the insurgency in the Niger delta, the country’s main oil-
producing region; the re-election of Mr Jonathan, a
southern Christian, could aggravate the violence in the
poorer north, where Boko Haram, a jihadist group, has
killed some 18,000 people in recent years. As many as
2,000 may have been killed in January alone.
Whoever wins the election will have their work cut out.
Nigeria’s growth has, in recent years, been fuelled by
high oil prices. A fall in the price of crude has already
led to a sharp depreciation in Nigeria’s currency, the
naira. Although Nigeria’s economy has diversified away
from oil in recent years, many economists are beginning
to lower their forecasts of its economic growth this year.
The country also suffers from dilapidated infrastructure,
particularly in power-generation and transmission.
Many businesses, from shopping malls to mobile-phone
masts, have to install expensive diesel-powered generators
to keep the lights on or the phones working. Some
economists reckon that this weak power infrastructure is
trimming Nigeria’s economic growth by at least 3% each
year. Fixing this ought to be among the first priorities of
a new government.



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