The President, National Association of Nigerian Traders  Ken Ukaoha, says the country will lose more than 140 billion naira due to the postponement of the general elections.

Ukaoha said in Abuja on Saturday that the postponement would affect the trading sector adversely. He added that many traders did not open their shops due to the election.

He noted that the postponement would affect the economy adversely in terms of money that the government, political parties and ordinary Nigerians had already expended on logistics and otherwise.

According to Ukaoha, the government would have spent the money to address issues such as infrastructure, health, education and payment of workers’ salaries.

He however, advised traders and farmers to ensure that they voted on Saturday as the future of the country depended on them as well as other Nigerians.