NewStats: 3,264,412 , 8,183,652 topics. Date: Wednesday, 11 June 2025 at 12:07 AM 366ki

The company in its report however said protests and social discontent are likely to increase in the aftermath of a Tinubu win.

Fitch, the global rating company has tipped Bola Tinubu, presidential candidate of the ruling All Progressives Congress to win the 2023 election.

The company in its report however said protests and social discontent are likely to increase in the aftermath of a Tinubu win.

It said a win for the APC candidate would likely fuel sentiments of perceived marginalisation among Christians while ers of his opponents may take to the streets to question the fairness of the electoral process.

The statement said “comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources”.

“At Fitch Solutions, we believe that recent polls are significantly overstating for Peter Obi, the Labour Party candidate running in Nigeria’s February 2023 presidential election. Indeed, 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 All Progressives Congress.

“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. At Fitch Solutions, we believe that recent polls are significantly overstating for Peter Obi, the Labour Party candidate running in Nigeria’s February 2023 presidential election.

“Surveys showing that Obi is ahead of his opponents Bola Tinubu (All Progressives Congress; APC) and Atiku Abubakar (People’s Democratic Party; PDP) were mostly based on responses gathered online. Since only 36.0% of Nigerians use the Internet (World Bank, 2020), we believe that these results are skewed towards urban, affluent voters who are most likely to Obi. We also highlight that these polls suggest that a large share of voters remain undecided.

“Even if these surveys were accurate at a national level, Obi’s lack of in Nigeria’s Muslim-majority North would make it difficult for him to win next year’s election. Indeed, the North is home to the majority of all voters and turnout in this part of the country tends to be relatively high, underscoring the importance of the Northern electorate.

“According to Nigeria's 1999 constitution, a candidate can only be elected if they both receive the majority of overall votes and over 25.0% of votes in at least 24 of the country's 36 states. Given that Obi’s Labour Party has limited infrastructure in the North, he will struggle to meet this second voting requirement.

“Indeed, the Labour Party is not even running candidates for the Senate and House of Representatives in many northern constituencies. Furthermore, the northern electorate historically tends to vote for presidential candidates from their region. With Obi being a Christian from the South (Anambra State), increasing his voter share in the North will prove challenging.”

Fitch added that Peter Obi is unlikely to win the presidential election.

It said, “While we believe Obi is unlikely to win the election, he will probably do well for a third-party candidate. Indeed, a third-party candidate has never reached more than 7.5% of votes in Nigeria. However, due to his frugal reputation and large social media following, we expect Obi to get a higher share of the vote than previous third-party candidates.

“As such, we believe that Obi’s popularity will most likely split the opposition vote, at the expense of the PDP. The PDP’s candidate (Atiku Abubakar) is a Northerner and we believe that the party’s only route to victory is expanding its vote in the South West and North Central states, while retaining large majorities in the South South and South East.

“However, given Obi’s popularity in the south – especially the South South and South East – we believe it is unlikely the main opposition party will be able to gain more votes in these parts of the country.

“Indeed, we maintain our view that the APC’s Tinubu is best placed to win the presidential election. We expect that the party, which has nominated a Muslim-Muslim ticket, will repeat its strong performance in the North. Given that Tinubu is a former governor of Lagos, the party is also likely to improve on its performance in the South West. Furthermore, we expect Tinubu to benefit from incumbency advantages, with the APC having been in power since 2015.

“Protests and social discontent are likely to increase in the aftermath of a Tinubu win. 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. In addition, Obi’s ers – mostly young, urban voters – are likely to question the fairness of the electoral process, especially after recent polls have predicted a win for Obi.

“These dynamics are likely to engender political unrest following the February vote. As a result, we have revised down the Social Stability component of our proprietary Short-Term Political Risk Index (STPRI) from 30.0 to 25.0 previously (scores out of 100; lower score implies higher risk). This brings Nigeria’s overall STPRI score from 46.3 to 45.0.”

The global rating company said it does not expect significant policy changes under a Tinubu presidency.

“While Tinubu has stated that he would phase out Nigeria’s costly fuel subsidy, we are sceptical this will happen in the short term. There appears to be limited appetite within the APC to remove the subsidy, and with inflation remaining elevated in 2023 – due to high food prices – the cancellation of the subsidy would negatively affect the new president’s popularity. Indeed, the PDP tried to remove the subsidy in 2012, but had to back down after large-scale protests,” it said.

“In addition, we believe that Tinubu’s aim to raise oil production is unfeasible in the short term. Crude production has declined significantly to 1.1mn barrels per day in September – a multidecade low – due to rising oil theft and previous underinvestment. Given the country’s weak fiscal position, we believe that there will be limited room for more security and social spending to combat oil theft and attract more investment.

“While not our core view, factions within the APC could weigh on Tinubu's popularity in Northern states. In addition, should public concerns about Tinubu's health become more pronounced in the run-up to the election, we would expect his chances of winning to become smaller. There remains a possibility that a three-way race results in no candidate ing the electoral threshold. This would prompt a second round for the first time in Nigerian history, likely heightening political instability.”

https://saharareporters.com/2022/10/28/peter-obi-unlikely-win-presidential-election-tinubus-presidency-will-increase-social

They predicted tinubu will win.

Fitch Ratings is a leading provider of credit ratings, commentary and research for global capital markets, a rating with class not all this mediocre backyard mpkurummiri-induced ojuelegba polls we have been seeing since.

lhordspy:
They predicted tinubu will win

Who dash monkey.

ogododo:

Who dash monkey.

Here you have it. From a reliable and authentic world rating

Not the one created by Chibuzor and Chinanza inside deep ozumbubu forest in afghanEASTERN.

Tinubu cannot be President, even Agbado master knows it

lhordspy:


Change your headline. And you mischievously tamper with the main news body.

Na you be mod?

lhordspy:
They predicted tinubu will win

Who dash monkey Banana?
5 other polls have predicted PO as winner.

If you are doing a thesis research and 5 papers say "Obesity is linked with heart disease' and only 1 paper says otherwise, what will you use to back up your conclusion in the discussion chapter?

The reference that says otherwise? Of course not.

Tinubu has the lowest chance amongst the Top 4 candidates after Kwankwaso. You agberoes (awon eyan MC Oluomo) should stop wasting your time. You are in the minority..

A WALKING DEAD can not win.

That's a fact, APC remaining in power is a threat to peace and stability in Nigeria.


Atiku is coming

Nigerians will decide his fate, not Fitch

And Tinubu is still running up and down begging and forcing people for endorsement.

It's like Tinubu's Bullion vans have gone for delivery outside Nigeria - Vote Obi 2023

Rubbish
Wtf is fitch

The sick man is finishing 3rd below Peter Obi and Atiku

Congratulations to him

Unfortunately it's true

There were also predictions Hillary would win against Trump.

But here we are.

Sad reality

Hehehe.

Watch as people who said polls were useless when Obi was tipped to win,will come out and celebrate this news.

Peter Obi lead's, other's follow.

Do you need a Global rating to tell you Zombidiots are only fooling themselves

And when Incoming President Bola Ahmed Tinubu gets sworn in as 16th Commander in Chief. IPOB would continue back their wailing


.

Affliction can never rise again...no Never

It's not a prediction, it's going to be a reality by the special grace of God. Tinubu is the only candidate among the main candidates that can do anything tangible for Nigeria. Forget about the thief called Atiku and the clown called Pandora.

President of Lagos or Iragbiji you mean

On Asiwaju Bola Ahmed Tinubu Mandate I Stand Gidigba

Also says there will be political and civil unrest if Tinubu wins

More tears for obedients.

DadaHammed:


Who dash monkey Banana?
5 other polls have predicted PO as winner.

If you are doing a thesis research and 5 papers say "Obesity is linked with heart disease' and only 1 paper says otherwise, what will you use to back your conclusion in the discussion chapter?

The reference that says otherwise? Of course not.

Tinubu has the lowest chance amongst the Top 4 candidates after Kwankwaso

why are you so aggressive

“This people sef don collect money from Tinubu come dey predict nonsense. Na Peter Obi go win.”

All thank you black hair morons. Make una enjoy another 8 years of severe hardship

Obi is coming and these people will cry

DadaHammed:


Who dash monkey Banana?
5 other polls have predicted PO as winner.

If you are doing a thesis research and 5 papers say "Obesity is linked with heart disease' and only 1 paper says otherwise, what will you use to back your conclusion in the discussion chapter?

The reference that says otherwise? Of course not.

Tinubu has the lowest chance amongst the Top 4 candidates after Kwankwaso

You feel good after typing this right? And you believe it shey? OK na

They are only giving their opinion. No polls was done.