President Buhari Lists All His accomplishment In office after 3 Years

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President Muhammadu Buhari of the ruling All Progressives Congress has released a factsheet containing all his achievements since he assumed office.

Nigeria’s Presidency has released a Factsheet outlining the policy and programme achievements of the Buhari Administration since it assumed office 3 years ago, on May 29, 2015.

The 41-page document highlights successes within the Economy, Security and also the fight against Corruption – the 3 priorities of President Buhari’s change Agenda.

It is organized into the following sections: Resetting the Economy; Restoring Growth, Growing What we Eat, making Business Work, Doing additional With Less, investing In individuals, New Vision for the Niger Delta, Plugging Leakages and Justice Reforms.

The Factsheet, which will be updated regularly, showcases rising economic indices, rising investment in agriculture and infrastructure, successes within the fight against terrorism, and ongoing efforts to boost security within the North Central.

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

Here are some of the highlights of the Factsheet:

· Nigeria’s economy is back on the trail of growth, after the recession of 2016-17 (1.95 % growth in Q1 2018)

· The Buhari Administration’s priority Sectors of Agriculture and Solid Minerals maintained consistent growth throughout the recession.

· Inflation has fallen for the fifteenth (15th) consecutive month, from 18.7 % in January 2017 to 12.5 % as of April 2018.

· External Reserves of US$47.5 billion 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 within the quarter stood at US$6.3 billion, that may be a year-on-year increase of 594.03%, and a 17.11% growth over the figure reported within the previous quarter.

· The new FX Window introduced by the CBN in Apr 2017, now sees an average of US$1 billion in weekly turnover, and has attracted about US$25 billion in
inflows in its 1st year (and a total turnover of $47.14 billion) – 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 %.

· five (5) million new taxpayers more to the tax base since 2016, as a part of efforts to diversify Government revenues.

· tax income inflated to N1.17 Trillion in Q1 2018, a 51 increase on the Q1 2017 figure.

· N2.7 Trillion spent on Infrastructure in 2016 and 2017 fiscal years, an unprecedented allocation in Nigeria’s recent history.

· Fourteen (14) moribund blending Plants revitalised so far beneath the Presidential fertilizer Initiative (PFI); with a complete capacity of 2.3 million MT of NPK fertiliser

· In may 2018, the federal government launched the Presidential Infrastructure Development Fund (PIDF), beneath the management of the Nigerian Sovereign Investment Authority. The PIDF is kicking off with seed funding of US$1.3 billion.

· Nigeria Sovereign Investment Authority (NSIA) in March 2018 invested US$10m to establish a world-class Cancer Treatment Centre at the Lagos University Teaching Hospital (LUTH), and US$5m each in the Aminu Kano University Teaching Hospital and the Federal Medical Centre, Umuahia, to establish modern Diagnostic Centres. These Centres should be completed before the end of 2018.

· The Buhari Administration issued a N100 billion Sukuk Bond in 2017, Nigeria’s 1st sovereign Sukuk Bond. yield from that Bond are funding 25 major road projects across the six geopolitical zones of Nigeria:

· Nigeria’s economy is back on the trail of growth, after the recession of 2016-17 (1.95 % growth in Q1 2018)

· The Buhari Administration’s priority Sectors of Agriculture and Solid Minerals maintained consistent growth throughout the recession.

· Inflation has fallen for the fifteenth (15th) consecutive month, from 18.7 % in January 2017 to 12.5 % as of Apr 2018.

· External Reserves of US$47.5 billion are the best 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 worth of capital imported in the quarter stood at US$6.3 billion, that is a year-on-year increase of 594.03%, and a 17.11% growth over the figure reported in the previous quarter.

· The new FX Window introduced by the CBN in Apr 2017, currently sees a mean of US$1 billion in weekly turnover, and has attracted about US$25 billion in inflows in its 1st year (and a total turnover of $47.14 billion) – signalling rising investor confidence in Nigeria.

· Nigeria’s stock market ended 2017 mutually of the best-performing in the world, with returns in far more than 40 %.

· five (5) million new taxpayers added to the tax base since 2016, as a part of efforts to diversify Government revenues.

· tax revenue inflated to N1.17 Trillion in Q1 2018, a 51 increase on the Q1 2017 figure.

· N2.7 Trillion spent on Infrastructure in 2016 and 2017 fiscal years, an unexampled allocation in Nigeria’s recent history.

· Fourteen (14) moribund blending Plants revitalised so far under the Presidential fertilizer Initiative (PFI); with a total capacity of 2.3 million MT of NPK fertilizer

· In may 2018, the federal government launched the Presidential Infrastructure Development Fund (PIDF), under the management of the Nigerian Sovereign Investment Authority. The PIDF is kicking off with seed funding of US$1.3 billion.

· Nigeria Sovereign Investment Authority (NSIA) in March 2018 invested US$10m to establish a world-class Cancer Treatment Centre at the Lagos University Teaching Hospital (LUTH), and US$5m every in the Aminu Kano University Teaching Hospital and also the Federal Medical Centre, Umuahia, to establish modern Diagnostic Centres. These Centres ought to be completed before the end of 2018.

· The Buhari Administration issued a N100 billion Sukuk Bond in 2017, Nigeria’s first sovereign Sukuk Bond. proceeds from that Bond are funding 25 major road comes across the six geopolitical zones of Nigeria.

-NAN-

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