2019 Elections: PDP States More Economically Viable Than APC States – Analysts • Average Income Per Capital Of APC States Is $1,545, PDP Is $2,585 • Out Of 10 States With Highest WAEC Scores, 6 Are PDP States

Research by analysts at Financial Derivatives Company (FDC) Limited has indicated that the poor and very poor voted for the APC in the just concluded general elections, with many of the states that voted for the APC poor.
In a breakfast presentation to the Lagos Business School (LBS) by the Bismark Rewane led FDC shows that the PDP states are more economically viable.
These are anecdotal and empirical data showing that the turnout was highest in the states where the APC won and lowest in the PDP states. The APC won a plural majority and were supported by the very poor and emotional voters.
“The average income per capita in the APC states is $1,545. It becomes more glaring when it is APC minus Lagos state (the income per capita now falls to $1,353). On the other hand, the PDP states accounted for an average income per capita of $2,585.The average FAAC per state in the PDP states is N88.24 billion. Whilst in the APC states it is N55.79 billion. Again, if you take Lagos away from the APC states it falls sharply to N52.39 billion.
More interesting is the fact that of the 10 states with the highest WAEC scores, 6 are PDP states (Abia, Imo, Bayelsa, Delta, Enugu and Ebonyi). Also in this edition you will see how voter sentiment in states with high unemployment and inflation differs from the others.
These data points suggest that the economic recovery is modest and sustainable. The very poor states are more politically active than the poor states. There are no rich states in Nigeria. Buhari will and must deliver rapid and sustainable economic growth to the impatient and emotional voters of 2019. The economic agenda is clear. Nigeria must grow at four per cent in 2020/2021 or will languish for the next 5-10years.

Some Responses
I did not vote because all politicians are thieves- Ismaila Ahmed
My business is suffering and things are hopeless and I voted for the opposition Aghedo>Imasuen
Anything is better than what I am facing. I am unemployed and looking for work. I have no PVC – Olayinka Oyebode
Things are getting better slowly after the massive looting of years. I voted for Buhari- Sanusi Yakubu
The Customs seized all my goods that I bought from an importer. I am finished.
I did not vote- Chukuwuma Okeke
I got Trader Moni and I can now get forex when I want. I voted for APC- Tobilola Olayemi
The February election was a class war between the poor and the very poor. The middle class has been almost squeezed out of existence and the few rich continue to bilk the system. Our analysis reveals very interesting trends.

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