The Presidency has outlined some of the remarkable achievements of President Muhammadu Buhari since the inception of his administration on May 29, 2015.
This is coming as a reaction to a statement by the former Speaker of the House of Representatives, Mr Ghali Na’Abba , alleging that Buhari has failed to add even an inch of value to democracy.
Urging Na’ Abba to take a second look at Muhammadu Buhari administration’s, Malam Garba Shehu, the Senior Special Assistant to the President on Media and Publicity, appealed to the ex-lawmaker to create a spare time and study them in order for him to change his negative impression.
The achievements read in part:
1.Took Nigeria out of recession
“Nigeria exited its worst recession in decades. After five quarters of negative growth, the economy bounced back into positive territory. Agriculture was one of the stars of 2017, posting consistent growth levels even throughout the recession.
2. Battle Inflation
“Also, inflation fell for 10 consecutive months during 2017 (February to November).
3. Stabilised Naira
“The Naira stabilised against the dollar, after the Central Bank introduced a new Forex window for Investors and Exporters. The stability has attracted billions of dollars in portfolio investments since April 2017.
“On the back of a stable Naira and increased investment inflows, Nigeria’s stock market emerged one of the best-performing in the world, delivering returns in excess of 40 per cent.
4. Bumper food harvest
“Nigeria saw bumper food harvests, especially in rice, whose local production continues to rise significantly (states like Ebonyi, Kebbi, Kano leading the pack, with Ogun joining at the end of 2017). The price of a 50kg bag of rice – a staple in the country – has fallen by about 50 per cent as local production has gone up.
5 Higher Power generation & Supply
“The Federal Government launched a N701 billion Intervention Fund (‘Payment Assurance Programme’) aimed at supporting power generation companies to meet their payment obligations to gas and equipment suppliers, banks and other partners.
“The impact is being felt, the amount of power being distributed is now currently steady at around 4,000MW and generation now put at 7,000 MW, higher than ever recorded.
6. Payment of pension to Biafran police
“The Federal Government began paying pensions to police officers who were granted Presidential pardon in 2000 after serving in the former Biafran Police during the Nigerian Civil War. These officers, and their next of kin, have waited for their pensions for 17 years since the Presidential pardon.
7. Ease of Doing Business
“Nigeria rose 24 places on the World Bank’s Ease of Doing Business rankings, and earned a place on the List of Top 10 Reformers in the world.
8. Growth in foreign exchange reserves
“Nigeria’s foreign exchange reserves grew $40 billion, reaching the highest level since 2014. Nigeria also added, this year, an additional $250m to its Sovereign Wealth Fund. Also, Nigeria’s trade balance crossed over into surplus territory, from a deficit in 2016.’’
9. Raising billions of dollars for infrastructure spending
The presidential aide revealed that Nigeria had successfully issued two Eurobonds (US$4.5bn), a Sukuk Bond (100 billion Naira), a Diaspora Bond (US$300m), and the first Sovereign Climate Bond in Africa, raising billions of dollars for infrastructure spending.
He said the federal government had inaugurated a Tax Amnesty scheme expected to raise hundreds of millions of dollars in additional revenues when it closes in March 2018.
This administration has laid the foundation for a 2018 that will be Nigeria’s Year of Infrastructure. A number of important infrastructure projects, in power, rail and road, are scheduled to come on-stream or inch close to completion next year.’’
10. Recoveries of stolen funds
He also disclosed that the government had successfully commenced implementation of a Whistle blowing Programme that had so far seen recoveries of tens of millions of dollars.
11. Feeding school children nationwide
On the Social Investment Programme which he described as Nigeria’s most ambitious social welfare programme ever – rolled out across dozens of states, Shehu said currently, 5.2 million primary school children in 28,249 schools in 19 states are being fed daily.
12 N-power Job Scheme
He stated that under the programme 200,000 unemployed graduates had enlisted into the N-power Job Scheme, and a quarter of a million loans already distributed to artisans, traders, and farmers).
“The number of Nigerians facing food insecurity in the northeast dropped by half, according to the Food and Agriculture Organisation (FAO).
13 Improved revenue collection
“The Nigeria Customs Service recorded its highest-ever revenue collection, crossing the One Trillion Naira (N1,000,000,000) mark. (The target for 2017 was 770 billion Naira (N770,573,730,490); 2016 Collection was just under 900 billion (N898,673,857,431.07).
“The Joint Admissions and Matriculation Board (JAMB), under the new management appointed by President Buhari in 2016, remitted N7.8 billion to the coffers of the federal government. The total amount remitted by JAMB between 2010 and 2016 was N51 million.
14. Agriculture Revolution
“2017 was also the Year of Nigeria’s Agriculture Revolution, embodied by the successes of the Presidential Fertiliser Initiative (PFI) and the Anchor Borrowers Programme. More than a dozen moribund fertiliser blending plants were revived under the PFI this year.
15 Fight against insecurity, corruption
“Even a beetle-eyed critic cannot pretend not to notice the tremendous progress in the area of security and the war against corruption.
“Before President Buhari was elected, Nigerians were living on their nerves and the entire country, including Abuja and Na’Abba’s Kano were almost barricaded because of the daily Boko Haram terrorist attacks on innocent people.
“Before the President was sworn into office, the terrorists were so bold that they could successfully attack the Police Headquarters in Abuja and army barracks in the Northeast”, something he described “as monumental national disgrace of historic scale”.
“With the better equipped more motivated security personnel under President Buhari, the Boko Haram terrorists have been so militarily crippled that they no longer have the capability to take and occupy any Nigerian territory as was the case under the former PDP administration,’’ he added.
On corruption, Shehu stated that Buhari had demonstrated extraordinary courage by going after former military chiefs for their involvement in corruption.
“If the President could go after fellow soldiers, what more evidence do we need to prove that the President is bold and sincere in fighting corruption?’’
On the claim by Na-Abba that the president has not added value to democracy in three years, Shehu said: “The sense we have is that the Honorable speaker was confusing the political environment as had existed in the past, with this period when the President has shown a total commitment to the independence of the two arms of government, namely the Parliament and the Judiciary.
According to him, the charge that democracy is now being undermined has therefore no basis against President Buhari’s impeccable democratic credentials.
