Did anyone notice what happened on Wall Street on Monday? Well, it seems that news of the Nigerian elections reached the US shores and had an impact on the market. Apparently, the results of our elections did not give much confidence to investors that the security situation will change. As a result, the price of gas went up and consequently, stocks rose.
The US, like other foreign groups and entities, announced concern about the validity of the Nigerian election process. It seems those concerns had an impact on market factors. This reminds me of how small the world is and illustrates how important Nigeria is to the world. If only we could get our act together so as to use our significance to the advantage of our people.
THE NIGERIAN ELECTIONS & WALL STREET
Tuesday, April 24, 2007
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