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Buhari Announces Interest In Second Term, Seeks APC Presidential Ticket

Unic Press UK: Nigeria President, Muhammadu Buhari, says he would seek to be nominated as presidential candidate of the All Progressives Congress (APC) in the 2019 Presidential Election.

Buhari confirmed his interest in a second term of office Monday during a meeting with APC National Executive Committee at Aso Rock, Abuja.

Nigeria President, Muhammadu Buhari was sworn in on 29 May 2015; and his tenure ends on 29 May 2019. He is the retired major general in the Nigerian Army who became the country’s Head of State from 31 December 1983 to 27 August 1985 following a coup d’état.


Nigeria – Economic Indicators & Other Information

  • Consumer Price Index (CPI): The CPI which measures inflation increased 14.33 percent (year-on-year) in February 2018, illustrating a 0.8 percent points lower than the rate recorded in January 2018 (15.13). [National Bureau of Statistics, Nigeria]
  • Gross Domestic Product (GDP): $404.65 billion as of 2016. [World Bank].
  • GDP per capita: $2,175.67 as of 2016. [World Bank].
  • Total National Debt: ₦21.725 trillion [$70.99 billion] at the end of December 2017.
  • Unemployment: “The unemployment rate increased from 14.2% in Q4 2016 to 16.2% in Q2 2017 and 18.8% in Q3 2017”, the country’s Bureau of Statistics said in its report ‘Labor Force Statistics Vol. 1: Unemployment and Underemployment Report (Q1-Q3 2017)’ of December 2017.
  • Population: 185.98 million as of 2016. [World Bank].
  • Life expectancy at birth [2015]: 52.9 years as of 2015. [World Bank].
  • Central Bank of Nigeria official exchange rate $1= ₦305.75
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