Financial experts on Saturday said the hasty postponement of the general elections by the Independent National Electoral Commission would create uncertainty and affect inflow of foreign investments. Professor of Economics at Olabisi Onabanjo University, Ago-Iwoye, Ogun State, Prof. Sheriffdeen Tella, said the development would create unnecessary uncertainty in the economy and affect inflow of foreign investment. Tella said the country’s inability to stabilise election processes 20 years after would affect the way foreign investors perceive Nigeria. He said the development would affect inflow of foreign investments, both portfolio and direct investments. He said the shift would create uncertainty and doubt on the ability of the commission to conduct free and fair polls.

Source: Punch February 16, 2019 11:03 UTC