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Nigeria - Note: Muhammadu Buhari’s Nigeria: Growth in the medium term?

Against a background of a recent recession and fragile economic recovery, Nigeria has recently held general elections in 2019 in which President Muhammadu Buhari was re-elected to a second term of office amid credible allegations of rigging and vote-buying by the two major parties, President Buhari’s All Progressive Congress (APC) and the opposition People’s Democratic Party (PDP) which fielded Atiku Abubakar, former Vice-President in the Olusegun Obasanjo presidency (1999-2007) as its presidential candidate. The country retains high investment return potential, but major reforms remain necessary to maximize such potential.