• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Politics

New poll suggest 2023 Nigeria Presidential election could be decided in a run-off election

All Progressives Congress’s Bola Tinubu is likely to do well in two of the country’s biggest voting states - Kano and Lagos.

William Ukpe by William Ukpe
February 18, 2023
in Politics
Why Nigerian stock market is defying 2023 election uncertainties -Operators
Share on FacebookShare on TwitterShare on Linkedin

According to a recent survey commissioned by Enough is Enough Nigeria (EiE Nigeria) and conducted by SBM Intelligence, the country’s upcoming 2023 presidential election is set to be highly competitive, with no clear front-runner.

This marks the first time since the 1960s that Nigeria has seen three competitive political blocs largely divided along old regional lines.

The report added that the All Progressives Congress’s Bola Tinubu is likely to do well in two of the country’s biggest voting states – Kano and Lagos.

RelatedStories

Lagos state, Fourth Mainland Bridge

Lagos insists 2023 elections were free, credible, deny violence, intimidation allegations

April 3, 2023
Obi says he has not had any course to doubt the Judiciary

Peter Obi files petition to the presidential elections tribunal in Abuja

March 21, 2023

The survey polled 11,534 Nigerians across the 36 States and the Federal Capital Territory (FCT), ensuring a population-reflective representation across demographics such as age, gender, religion, and income levels, and the rural-urban split.

62% were male, 38% were female, with those ages 24-32, the largest age distribution at 34%, while 26% are employed and 21% were students.

Low Voter Turnout Assumption Overturned

In July 2022, SBM Intelligence conducted its first 2023 election survey, which revealed that only 41% of registered voters had collected their Permanent Voters Cards (PVCs).

This assumption of low voter turnout fed into December 2022 projections based on a 7,000-respondent survey. However, in January 2023, a new 6,500-respondent survey showed a remarkable increase in PVC collection, with 97% of respondents having collected their cards.

This is believed to be due to increased voter awareness driven by initiatives by the Independent National Electoral Commission (INEC) and civil society organizations like EiE through their #RSVP campaign.

Ethnicity and Religion Remain Key Factors

While many respondents were clear on who they believed would win the presidential contest in their state, they were not straightforward about their candidate preferences.

Additionally, many registered voters indicated that ethnicity and religion would play important roles in their decision-making process.

This runs contrary to recent commentary suggesting that the 2023 election would be the country’s first post-modern election, where substantive issues would determine voter choice.

Voter-Buying and INEC’s Credibility

The survey data also suggest that despite recent technological and legislative changes to curb it, voter-buying is expected to occur during the election.

While an overwhelming majority of respondents claim that they won’t sell their vote, more than a third have experienced vote-buying in the past.

Furthermore, the survey revealed declining confidence in INEC’s ability to deliver a free, fair, and credible election. The relationship between the electorate and INEC appears to be influenced by the possible impact of insecurity on Election Day.

The survey revealed that Peter Obi is expected to win 17 states, followed by Atiku with 11 states and Bola Tinubu – with 9 states 25% vote share minimum.

However, for a 25% vote share minimum, Atiku Abubakar leads forecasts with 27 states, Peter Obi with 25 states, and Bola Tinubu – with 20 states.

Possible Outcomes

The data suggest that former Vice President Atiku Abubakar and former Governor of Anambra State, Peter Obi, could garner enough votes across four of the country’s six geopolitical zones to meet the constitutional requirement of scoring 25% in at least 24 states.

However, this outcome is complicated by the fact that All Progressive Party’s candidate, Bola Ahmed Tinubu (BAT) is likely to perform well in Kano and Lagos, as well as the heavily populated southwest and northwest states. This could result in BAT winning the popular vote but not reaching the 25% threshold in 24 states.

The survey results are consistent with SBM Intelligence’s earlier projections that a second round will be needed to decide Nigeria’s next president.

Kano State Governor Rabiu Kwankwaso’s performance in Kano and some states in the north-central and north-west geopolitical zones could complicate the political math for other candidates on both the popular vote and the “Road to 24” measures.

No Clear Winner

Their data suggested that two of the four leading candidates – the Labour Party’s Peter Obi and the Peoples Democratic Party’s Atiku Abubakar – could garner enough votes over a sufficient number of Nigerian states spread across four of the country’s six geopolitical zones to be able to meet the constitutional requirement of scoring 25% in at least 24 states.

However, it is complicated by the fact that the All Progressives Congress’s Bola Tinubu is likely to do well in two of the country’s biggest voting states – Kano and Lagos – and coupled with strong performances in heavily populated Southwest and Northwest states.

  • “For all of the reasons enumerated above, we are not confident enough to call the election for any candidates.
  • “We maintain our initial assessment from our two previous forecasts – Nigerians will need a second round to decide their next President definitively.”

Declining Interest in Down-Ballot Elections

Lastly, the survey revealed a declining interest in down-ballot elections, with most citizens focused on the presidential election.

The report added that many voters in this year’s elections will attempt to vote across party lines, as the Presidential interest gets 100% interest.

  • “Most voters are focused on the Presidential elections, with the Presidential elections getting 100% interest level from those surveyed followed by 34.5% for Governorship, 19.86 %( Senate), 16.75 %(House of Reps), 14.24% (state assembly)
  • “Our survey shows that many voters in this year’s elections will attempt to vote across party lines in the presidential, legislative and gubernatorial ballots.
  • “There are also real challenges – security, economic, social – that the country goes into the elections with that are likely to impact how the electorate will vote significantly.”

Despite this, SBM Intelligence modeled for the National Assembly elections, which point to a Senate dominated by the All Progressives Congress (APC) and a House of Representatives with the People’s Democratic Party (PDP) in the majority.


See Some of the tweets below.

This outcome, however, is complicated by the fact that @officialABAT is likely to do well in two of the country’s biggest voting states—Kano and Lagos—and the heavily populated south-west and north-west states, thereby winning the popular vote, but not reaching 25% in 24 states. pic.twitter.com/fYFew3cHoD

— SBM Intelligence (@sbmintelligence) February 17, 2023


Follow us for Breaking News and Market Intelligence.
Tags: 2023 General ElectionsSB Morgan (SBM) Intelligence
William Ukpe

William Ukpe

For further inquiries about this article contact: Email: william.ukpe@nairametrics.com or outreach@nairametrics.com. Twitter: @_sirwilliam_ @nairametrics.

Related Posts

Lagos state, Fourth Mainland Bridge
Business News

Lagos insists 2023 elections were free, credible, deny violence, intimidation allegations

April 3, 2023
Obi says he has not had any course to doubt the Judiciary
Politics

Peter Obi files petition to the presidential elections tribunal in Abuja

March 21, 2023
2023 election: INEC Chairman once again insists on no PVC, no voting
Politics

INEC says it will remobilise elections in areas voting was disrupted

March 20, 2023
INEC extends deadline for PVC collection nationwide
Politics

No supplementary election for Presidential elections – INEC

March 18, 2023
2023 election: INEC Chairman once again insists on no PVC, no voting
Politics

Gubernatorial elections: INEC warns against fake identity cards for security personnel on election duty

March 18, 2023
Intels says Atiku no longer a majority shareholder
Politics

Atiku has not withdrawn petition against INEC, APC and Tinubu – PDP

March 17, 2023
Next Post
4km Illegal Forcados pipeline: What Nigerians are saying

NNPC signs MoU with Gambia on crude oil exploration

Comments 1

  1. Emmanuel Akpanga says:
    February 21, 2023 at 1:16 am

    My fellow Nigerians just Vote Peter Obi for a Better Tomorrow

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • Alleged $7.2bn fraud: EFCC still investigating immediate past NNPCL Top Officials 
  • Access Bank acquires Standard Chartered Tanzania operations amid CBN’s regulatory forbearance restrictions on foreign deals 
  • Five stocks hit daily gain limit as All-Share Index attains N74.8 trillion cap; FIDELITYBK leads volume 

Follow us on social media:

Recent News

EFCC: Achimugu’s case unrelated to Atiku, Sanwo-Olu, agency says

Alleged $7.2bn fraud: EFCC still investigating immediate past NNPCL Top Officials 

June 24, 2025
Access Bank

Access Bank acquires Standard Chartered Tanzania operations amid CBN’s regulatory forbearance restrictions on foreign deals 

June 24, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics