The election in Nigeria is a watershed moment for Africa, given that the populous nation is the biggest democracy on the continent.

As such, many countries are watching how the people, the government and players in the electoral process will manage the transition, as it has far-reaching implications for democracy in Africa.

It is of utmost importance that the elections are seen to be credible, free and fair and that the deserving candidate is handed the instruments of power. This might sound like a self-evident statement but, given that there is a lot at stake, there is a great deal that can go wrong, especially where there has been interfering with voting processes. This raises the possibility of the rightful winner being denied victory.

For far too many years in its early post-colonial history, Nigeria had become synonymous with military rule. However, it has handled its politics progressively well over the years, especially after the exit of dictator Sani Abachi, who made a mockery of the will of the people.

Now the country must position itself as a defender of democracy and rule of law by handling its election in a civil manner and finding legal means to address any challenge that may arise, which is likely given how hotly contested the presidential election is.

The incoming administration will gain a lot if it comes to power with a clear mandate, as it has many challenges ahead, starting with the crisis in Biafra and unrest in various parts of the country. Secondly, it must find a win-win formula for sharing Nigeria’s vast national wealth, which has over the years advantaged a small clique at the expense of the majority. This has created a relatively small clique of multi-millionaires.

To address such challenges, Nigeria should be seen to be leading in entrenching the democratic process in this week’s elections, on the one hand, and on other, demonstrate willingness to confront the problems facing the people, such as low circulation of money that has spawned a major crisis.

The election ought, therefore, to inspire faith and hope in the citizens and, most importantly, become a bulwark for peace and prosperity of Nigeria as a country, and as a big brother in the African family of nations.

How Nigeria conducts the entire electoral process will become a case study of how democracy ought to work.

Nigeria cannot afford to let Africa down.