As Nigeria gradually approaches the 2015 general elections, economists have urged the key institutions involved in the electoral process to demonstrate the highest level of independence, transparency and fairness in the discharge of their responsibilities.
On Channels Television’s Business Morning, an economic analyst, Mr Orji Udemezue, maintained that political stability was necessary to ensure investors’ confidence and the economic progress of the country.
“When we talk about real democracy, we expect that issues around economic performance are meant to impact the election and who will become the next official in the country.
“We expect that the electoral activities must have very strong impact on the economy and vice versa. We expect that anyone who is serious about getting the attention in the general elections must address the human indices.
“Poverty is a major problem in the Nigerian economy and what is responsible for that is inequality as to the way the wealth of the country is distributed,” he said, emphasising that the economy needs to be managed properly to ensure stability and growth of the macro economy.