We expect a steep rise in the exchange rate by between 30% and 40%.
@AsoRock will try to keep a lid on the FX rate opening arbitrage windows akin to 2016 and leading to significant capital flight.
Key investments will unfortunately not be made.
Unpaid salaries will remain a clear and present reality.
We expect an inability to continue to fund some of the social intervention programmes.
There will be a change of guard at the leadership of security agencies.
There will be a clamour for the current heads to face the “Dasuki Treatment”.
Due to the current debt expenditure to revenue ratios, @AsoRock will be cautious of borrowing costs.
Companies will continue to take the option of Rights Issuance.
2019 will be a tough year due to declining oil revenues.
Unemployment will continue to rise, and unofficial figures will put unemployment at half the population by the end of 2019.
More policemen will begin to openly express dissatisfaction with the way @policeNG is being run.
More current and former policemen will also be involved in criminal activity.