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Monday, 8 January 2018

President Buhari Lists His 17 Major Achievements In 2017

Mr. Femi Adesina, the Special Adviser on Media and Publicity to President Muhammadu Buhari on Friday listed the 17 achievements of his boss. He also noted that the coming year (2018) will be Nigeria’s “Year of Infrastructure” as the government has lined up a number of important infrastructure projects which cut across the various sectors.

Here are the 2017 major achievements of Buhari in 2017 as listed by Adesina
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.

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Edited by: Endy Edeson
Photo News Editor: Endy Edeson



Johnson Ahile

he did not list the silencing of IPOB?

Frank Chijioke Adeyinka

PMP till 2023

Christian Doxa

A recession created by his policies? Naira stabilised against which dollar, when his policies again caused d major disaster dollar/naira system.... I can go on an counter every so called achievement to him mainly trying rectify mismanagement of the Nigeria economy... Nonsense

Endy Edeson

@Doxa: Compliment of the season. So he didn't achieve anything at all in your view? @AHILE: IPOB silenced? I think those folks are still doing their thing, though not high like before

Christian Doxa

He tried making corrections to his mistakes that launched this great nation into crisis. He should be apologising & promise to continue working to fix the damages he created....

Job Ayuba

Hausa people vdeo player

Jeremiah Ademolu

See more reason this country remain the way it is, can USA, Canada and other civilised world call this achievement, Buhari adminstration full of bad policies,lies and hardship

Boutoru Law Ebis

Big and fat lies, what happen to the increase in fuel price?
What happened to Increase in 1dollar to 364 from the earlier 185?
How much is the price of a rice bag that was earlier #7500 to #20000 ?
Where is the money budget for aso villa clinic?
What happened to the genocide killings in the east and the daily slaughtering of nigerians by his brothers fulani herdsmen in the north?
Buhari and apc are all bunch of failure, so after impoverishing Nigerians and is proud of achieving nothing?

Boutoru Law Ebis

Take a deep look at his campaign promises,has he achieved anything but nothing.
Buhari built on failure and will remain a failure till he is being shamed like Robert Mugabe of Zimbabwe.
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Boutoru Law Ebis

In those days when PDP destroyed the economy for 16 years, a bag of rice was N7500 and a litre of petrol was N87.
A dollar was N170.
A 'Bajaj' motorcycle was N82,000
A 10kg bag of Semovita was N1,100
A 10kg bag of Wheat meal was N700
The Lagos-Abuja transport fare was N2500
A 75ml of palm-oil was N70
A bottle of Coca cola was N60
A tin of Peak milk was N80
A pack of Ciprotab drug was N1100
Infact, Those guys destroyed the economy totally! Wicked people!!!
....... ....... .......
Thank God for our APC Messiahs that have come to revive the economy;
a bag of rice is now N16,000 and a litre of petrol is now N350.
A dollar is N368!!!
A 'Bajaj' motorcycle is now N280,000
A 10kg bag of Semovita is now N3000
A 10kg bag of Wheat meal is now N2800
The Lagos - Abuja fare is now N15,500
A 75ml of palm oil is now N400
A bottle of Coca cola drink is now N100
A tin of Peak milk is now N220
A pack of 'Ciprotab' drug is now N3200
....... The most interesting fact about this is that
They did this in just 2years.
We need to give them 16years to do more.


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