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Nigerian president Buhari is seeking a second term

By on April 11, 2018

Nigeria’s President Muhammadu Buhari confirmed on Monday he will seek another term in elections next year,

The 75-year-old said he would seek his party’s presidential ticket to contest elections in February 2019 during a closed door meeting of the national executive committee of his All Progressives Congress (APC) party. He flew to Britain for talks with Prime Minister Theresa May a few hours later.

The announcement by Buhari was widely expected although stocks on the Nigerian market fell 1.01 percent on Monday to a three-month low.

Buhari took office in May 2015 after vowing to improve security and crackdown on endemic corruption, but Africa’s top oil producer fell into its first recession in 25 years in 2016, largely caused by low crude prices and militant attacks in the Niger Delta, and its recovery remains fragile.

If Buhari is selected to contest the presidential election, it is not clear whom he would face. The People’s Democratic Party (PDP), which prior to the former general’s 2015 victory had held power since Nigeria adopted civilian rule in 1999, has yet to select a candidate.

The PDP, in a statement, described the president’s announcement as an internal affair within the ruling party.

Nigeria’s political parties must select their presidential election candidates by Oct. 7.

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