President Buhari administration 17 key achievements in 2017

President Buhari beat his chest in posting  his 17 key achievements of the administration as he successes in food supply, security and the economy.

Meanwhile,the Special Adviser to President Buhari on media and publicity,Femi Adesina has listed 17 highlight for this present administration of president Buhari led Government.

They are:

1. 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. Also, Inflation fell for ten consecutive months during 2017 (February to November).

2. 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.

3. 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 percent.

4. 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 30 percent since the beginning of 2017, as local production has gone up.

5. The Federal Government launched a 701 billion Naira 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 – higher than previously recorded.

6. 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. 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. Nigeria’s foreign exchange reserves grew by $12 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. Nigeria 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.

10. The Federal Government launched a Tax Amnesty scheme expected to raise hundreds of millions of dollars in additional revenues when it closes in March 2018.

11. The Federal Government successfully commenced implementation of a Whistleblowing Programme that has so far seen recoveries of tens of millions of dollars.

12. The Social Investment Programme – Nigeria’s most ambitious social welfare programme ever – rolled out across dozens of states. (Currently, 5.2 million primary school children in 28,249 schools in 19 states are being fed daily; 200,000 unemployed graduated enlisted into the Npower Job Scheme, and a quarter of a million loans already distributed to artisans, traders, and farmers).

13. The number of Nigerians facing food insecurity in the northeast dropped by half, according to the Food and Agriculture Organization (FAO).

14. 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)]

15. The Joint Admissions and Matriculations Board (JAMB), under the new management appointed by President Buhari in 2016, remitted 7.8 billion Naira to the coffers of the Federal Government. The total amount remitted by JAMB between 2010 and 2016 was 51 million Naira.

16. 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 fertilizer blending plants were revived under the PFI this year.

17. Finally, 2017 will be the Year that 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.

 

President Buhari said the return of farmers to their farm lands in the North East, with glaring results of high yields, was a testimony to the relative peace that had been achieved.

However,PDP engage war of words over the achievements, charged the government not to make any new promises at the beginning of the New Year, 2018 saying that the government had failed to keep to the promises it made in the past.

“These supposed achievements are figments of their imagination as they exist nowhere. 2017 will be remembered as the worst year of hardship in the lives of several Nigerians.

“What else would they tell Nigerians apart from inventing new lies and propaganda as they had always done, particularly at the turn of each New Year?

“What seriousness should any Nigerian attach to a government that takes governance for granted, puts off its federal executive meeting at the slightest whims and blame imaginary invasion of its offices by rats for the inability to meet required statutory functions?

“What else should Nigerians expect from a government that promised massive employments only to render 7.74 million Nigerians jobless between 2016 and September 2017; with combined unemployment and underemployment rate hitting 40.0% as declared by the National Bureau of Statistics (NBS)?”

The party further mocked government monetary policy, adding that it failed to keep faith with pledges made to the Nigerian people.

“This is the same APC that promised to deliver naira exchange at N1 to 1USD but ended up wrecking the currency from N160-N170 to a scandalous N350-N400; the same party and its government promised to reduce the price of fuel only for it to rise from where the PDP left it at N86.50 to N300-N400 per litre.

 

“What do we expect from a government that so devastated the economy in 2017 that Nigerians were forced to turn to Ponzi schemes like the Mavrodi Mundial Movement (MMM) for survival only for an estimated three million of them to lose about N18 billion in the process.

“The APC misrule literarily turned 2017 into a harvest of woes; hunger, disease, violence, and deaths while the nation is now being pummelled by ethnic and religious agitations and attendant violence in all parts of the country,”

PDP National Publicity Secretary, Mr. Kola Ologbondinyan said ”

 

 

 

 

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