New Nigerian President Bola Ahmed Tinubu faces the tough task of injecting stability into a society and economy in crisis.
The 71-year-old was sworn in on Monday as the 16th president of Africa's most populous nation, and its fifth since the end of three decades of military rule in 1999.
The 71-year-old was sworn in on Monday as the 16th president of Africa's most populous nation, and its fifth since the end of three decades of military rule in 1999. He succeeds Muhammadu Buhari, also of the All Progressives Congress party, who departs with a widely criticized economic record.
ABUJA, Nigeria - Feb. 25, 2023: A party observer argues with an official of the Independent National Electoral Commission as ballot boxes are reportedly set up in the wrong polling station in Abuja.Nigeria's National Bureau of Statistics now estimates that 63% of the population, around 133 million people, are now classed as multidimensionally poor, a 10 percentage point increase from before Buhari's tenure began in 2015. Unemployment sits at 33.
Itodo said the first couple of months of Tinubu's tenure would be key in restoring economic credibility with an electorate that has endured two recessions in the last eight years, both through delivering on bold campaign promises and appointing "competent people" with the necessary experience.Nigeria has one of the world's fastest-growing populations — currently near 220 million and forecast to double by 2050.
"Tinubu's electoral victory has further ingrained the perception among ordinary Nigerians that the political stage is a playground for wealthy old guards who place patronage at the heart of politics," Durmaz said.
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