Nigeria Country Risk Report - Business Monitor International - Industry Reports

Nigeria Country Risk Report

Nigeria Country Risk Report - Business Monitor International - Industry Reports
Nigeria Country Risk Report
Published May 26, 2015
53 pages — Published May 26, 2015
Price US$ 1,195.00  |  Buy this Report Now

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Abstract:

Muhammadu Buhari s presidential election victory in represents a sig- nificant maturing of the country s democratic political system. Even so, stability will continue to be undermined by competition for political and economic power between various ethnic, political and geographi- cal groups. ...The ---- return to civilian rule, following -- years of military dominance, was an important step towards building a functioning democracy; progress has been made in many areas since then. Moreover, the country has made a further leap forward in ---- with the first democratic transition of power from one party to another, with outgoing President Goodluck Jonathan s People s Democratic Party (PDP) losing office for the first time since military rule ceased in ----. Jonathan s concession and call for calm imply a maturing of Nigeria s political system. ...President Jonathan s response to this allegation was to fire Sanusi as central bank governor, a move that seems to indicate that powerful politi- cians are implicated in the alleged corruption. Sanusi s claims are impossible to verify, but they provide a sense of the scale of mismanagement and theft that is widely suspected to exist in Nigeria s opaque oil sector.

...The clear-cut victory for Muhammadu Buhari in Nigeria s presidential election represents a significant maturing of the country s democratic political system. While we cannot rule out greater instability, particularly in the south, over the coming months, it seems that the risk of immedi- ate violence in the wake of the election has not come to fruition. The closest-fought presidential vote in Nigeria s democratic his- tory has resulted in the election of former military head of state Muhammadu Buhari as the country s next president. The vote, carried out in a relatively peaceful manner on March -- and --, is also set to mark the first democratic transition of power from one party to another, with outgoing President Goodluck Jona- than s People s Democratic Party (PDP) losing office for the first time since military rule ceased in ----. Jonathan s concession and call for calm imply a maturing of Nigeria s political system. ...Almost all states in the north west and north east of the county backed Buhari, while Jonathan s PDP swept the south and south east. The north central zone was more evenly balanced, with the APC winning

...Ethnic, political and economic divisions have meant historical disunity among the population. high levels of corruption (Transparency International ranks Nigeria ---th out of --- countries in its ---- Corruption Perceptions Index) make policy implementation difficult. ...

  
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Document ID
1756-7947
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Nigeria Country Risk Report" May 26, 2015. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Nigeria-Country-Risk-Report-2026-1719>
  
APA:
Business Monitor International - Industry Reports. (2015). Nigeria Country Risk Report May 26, 2015. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Nigeria-Country-Risk-Report-2026-1719>
  
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