Poll Leader in Nigerian Presidential Race Pledges Forex Reforms

  • Peter Obi says he will end country’s multiple exchange regime
  • Promises to ensure the independence of the central bank
Lock
This article is for subscribers only.

A candidate who’s the top choice to become the next president of Africa’s most populous country, according to three different opinion polls, including one by Bloomberg, has pledged to end the country’s multiple exchange rate regimes if elected.

Peter Obi, a businessman and former governor of Anambra State in Southeast Nigeria is one of the 18 candidates bidding to replace President Muhammadu Buhari, whose two-term tenure ends in May next year. His candidacy has strong support from Nigeria’s largely youthful population and the middle class especially in the southern part of the country.