Presidency reveals Buhari’s 3-year achievements in 41-page document

Presidency reveals Buhari’s 3-year achievements in 41-page document

- The presidency has highlighted President Buhari administration’s successes over three years

- The senior special assistant to the president on media and publicity, Garba Shehu, disclosed this in a 41-page document

- The current government's achievement includes economy, security and the fight against corruption

The presidency on Friday, June 1, declared that it had released a document outlining the policy and programme achievements of the President Muhammadu Buhari-led administration since its inception three years ago.

According to a statement by the senior special assistant to the president on media and publicity, Garba Shehu, the 41-page document highlights the administration’s successes in the economy, security and the fight against corruption, “which are the three priorities of the government’s change agenda.”

He said: “The document is organised into the following sections: Resetting the Economy; Restoring Growth, Growing What We Eat; Making Business Work; Doing More With Less; Investing In People; New Vision for the Niger Delta; Plugging Leakages; and Justice Reforms.

READ ALSO: Ghana replies Goodluck Jonathan over alleged anti-Nigeria comment by Akufo-Addo

“The fact sheet, which will be updated regularly, showcases improving economic indices, rising investment in agriculture and infrastructure, successes in the fight against terrorism, and ongoing efforts to improve security in the North Central.

“In addition, it lists the several measures taken to promote transparency and accountability in government finances."

According to the highlights of the statement, Nigeria’s economy is back on the path of growth under Buhari, after the recession of 2016-17 (1.95 percent growth in Q1 2018). It added that the present administration’s priority sectors — agriculture and solid minerals — maintained consistent growth throughout the recession.

It also noted that inflation has fallen for the 15th consecutive month, from 18.7 percent in January 2017 to 12.5 percent as of April 2018. External reserves of $47.5bn, the statement said, are the highest in five years and double the size as of October 2016.

“Total exports in 2017 were 59.47% higher than for 2016. The first quarter of 2018 saw the fourth consecutive quarterly increase in capital importation since Q2 2017. The total value of capital imported in the quarter stood at $6.3bn, which is a year-on-year increase of 594.03%, and a 17.11% growth over the figure reported in the previous quarter.

PAY ATTENTION: Install our latest app for Android, read best news on Nigeria’s #1 news app

“The new FX Window introduced by the CBN in April 2017, now sees an average of $1bn in weekly turnover, and has attracted about $25bn in inflows in its first year (and a total turnover of $47.14bn) – signalling rising investor confidence in Nigeria.

“Nigeria’s Stock Market ended 2017 as one of the best-performing in the world, with returns in excess of 40 percent. Five million new taxpayers added to the Tax Base since 2016, as part of efforts to diversify Government revenues.

“Tax Revenue increased to N1.17trn in Q1 2018, a 51% increase on the Q1 2017 figure. N2.7trn spent on Infrastructure in 2016 and 2017 fiscal years, an unprecedented allocation in Nigeria’s recent history.

“Fourteen moribund Blending Plants revitalised so far under the Presidential Fertilizer Initiative; with a total capacity of 2.3 million MT of NPK fertilizer," the statement read.

Meanwhile, Legit.ng had reported that Lai Mohammed, the minister of information and culture began a nationwide tour of federal government’s infrastructural projects nationwide with an inspection of the ongoing construction of the Lagos-Ibadan standard gauge rail line.

Mohammed, along with the minister of transportation, Rotimi Amaechi, Tuesday, May 8, led a team of over 30 journalists on a tour of the fabrication plant of the project in Papalanto, Ogun state.

Buhari to Contest for Presidency in 2019! - on Legit.ng TV:

Source: Legit.ng

Online view pixel