Nigeria’s Independent National Electoral Commission (INEC) has announced that presidential and legislative elections will be held on Saturday, Feb. 20, 2027, as provided by law.
Elections for state governors and legislatures are scheduled for Saturday, March 6, 2027. “Election to the office of President and Vice President, as well as National Assembly, shall hold on the Third Saturday of February of any General Election year, while election to the Office of Governor and Deputy Governor and the State Houses of Assembly shall hold two (2) weeks thereafter,” the electoral law states.
A fragile political and economic backdrop
The announcement comes at a delicate political, economic and security moment. Since 2023, the federal government has implemented sweeping economic reforms that have drawn praise from international institutions. The International Monetary Fund (IMF) says the measures have strengthened macroeconomic stability, improved resilience, attracted capital inflows and helped stabilize the foreign exchange market.
The improvements are also reflected in the country’s sovereign ratings. S&P Global Ratings revised the outlook on Nigeria’s rating to “positive” from “stable” while affirming it at B-/B, citing fiscal consolidation and stronger macroeconomic indicators. Fitch Ratings raised the rating to “B” with a stable outlook, pointing to increased policy credibility. Moody’s upgraded the rating to B3, citing progress on fiscal and external accounts.
Despite these gains, Nigeria continues to face persistent security challenges, particularly violence in the north and in parts of rural areas, which have undermined stability and public confidence. The country was also shaken by a foiled coup attempt in late September 2025 aimed at overthrowing President Bola Tinubu. Dozens of suspects, including senior military officers, were arrested and investigations are ongoing.
Beyond security concerns, the next administration will have to tackle major social challenges, including expanding access to education and healthcare, creating jobs for a fast-growing young population and reducing poverty. While these pressures are significant, they may also create opportunities for deeper economic partnerships and increased foreign investment. President Bola Tinubu has already announced he intends to seek a second term.
Ingrid Haffiny
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