Fitch Solutions Country Risk and Industry Research has said the presidential candidate of the All Progressives Congress (APC), Bola Tinubu will win the 2023 presidential election.
2023 Bola Ahmed Tinubu will emerge winner but…
According to a report, the firm, a subsidiary of Fitch Ratings, an international credit rating organisation, also added that Tinubu’s victory would trigger social instability and protests because of his party’s Muslim-Muslim ticket.
“We maintain our view that the ruling party’s Bola Ahmed Tinubu is the candidate most likely to win the presidential election as a split opposition vote will favour the APC,” the report stated.
“Protests and social discontent are likely to ramp up in the aftermath of a Tinubu win since this would end the recent trend of the presidency alternating between Muslims and Christians.
“Since Nigeria’s return to democracy in 1999, there has been an informal agreement that resulted in the presidency alternating between northern and southern states, as well as between Christians and Muslims.
“A win for Tinubu would break with this unwritten tradition and likely fuel sentiment of perceived marginalisation among Christians.”