President Muhammadu Buhari’s administration defended yesterday its integrity — and achievements.
President Muhammadu Buhari’s administration defended yesterday
its integrity — and achievements.
It scored itself better than its predecessors.It was all in reaction to Tuesday’s ”public
statement” by former President Olusegun Obasanjo, which criticised the
administration for not doing well and advised President Buhari to exit “in a
dignified manner” and not seek reelection. The government said Obasanjo might
have been too busy to appreciate how well the administration had performed.
Minister of Information, Culture and National Orientation Lai
Mohammed told State House reporters after the Federal Executive Council (FEC)
meeting that Obasanjo is a patriot with a right to his opinion.
He described the ex-president’s comment on the 2019 election as
a distraction. “Mr. President spends every working hour tackling the enormous
challenges facing the nation, most of which were bequeathed to his
administration by successive past administrations. He is committed to
fulfilling the mandate given to him by Nigerians in 2015,” Mohammed said.
The minister acknowledged that the administration was not
unaware of the enormity of the challenges facing the nation, but said: “We have
taken the bull by the horns, and long-suffering Nigerians will begin to
experience a new lease of life as our efforts yield fruits.
“We will not go into a state of funk for whatever reason.’’
On the herders/farmers’ clashes, he said the administration was
determined to end the crisis once and for all, “not minding the fact that the
clashes predate us’’.
He urged Nigerians to have faith in the administration’s ability
to resolve the crisis, and to watch out for concrete measures.
The government said it had not cause “to believe that Obasanjo
had any motive beyond the well-being of the nation in issuing his Special Press
Statement. We have also taken his admonition in good faith, and we thank him
most sincerely for taking time off his busy schedule to pen such a long
statement”.
Mohammed, who did not entertain reporters’ questions after
reading the statement, listed the achievements of the government.
”We appreciate what he said concerning the Administration’s
performance in two out of the three key issues that formed the plank of its
campaign: Fighting corruption and tackling insurgency. Specifically, the former
President said President Buhari must be given credit for his achievement so far
in these two areas. We thank him for this.
“Apparently, the former President believes that the
Administration does not deserve a pass mark in the area of the economy, which
is the third of our three-pronged campaign promises.
”We have no doubt that in the face of massive challenges in this
area, this Administration has availed itself creditably. We believe that Chief
Obasanjo, because of his very busy schedule, may not have been fully availed of
developments in the government’s efforts to revamp the economy, which was
battered by the consequences of over-dependence on a commodity as well as
unprecedented pillaging of the treasury.
“Today, most of the indices by which an economy is measured are
looking up. Permit me to say, however, that Nigeria would not have exited
recession through a mere order or if the Administration had not made use of
‘good Nigerians’ who could help.
“This Administration is making steady progress in its determined
effort to revamp the economy, and the results are showing:
“* Foreign Reserves have peaked at $40b, the highest level in
about four years, and up from $24 billion just a year ago, even though when we
came in, the price of oil had crashed woefully.
“* According to the National Bureau of Statistics (NBC),
headline inflation has fallen for 11 consecutive months, standing at 15.37% as
at Dec. 2017. This is the lowest inflation rate since Jan 2017, and it has met
and surpassed the target set for inflation in the Administration’s Economic
Recovery and Growth Plan (ERGP).
“* Our determined implementation of the Treasury Single Account
(TSA) has stopped the hemorrhaging of the treasury. Some 108 billion Naira has
been saved from removal of maintenance fees payable to banks, pre-TSA. The
nation is being saved 24.7 billion Naira monthly with the full implementation
of the TSA.
“* The elimination of ghost workers has saved the nation
120 billion Naira
“* At about 1.8 billion dollars, the capital inflows
in the second quarter of 2017 were almost double the $908 million in the first
quarter.
“* In the wake 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.
“* Nigeria rose 24 places on the World Bank’s Ease of Doing
Business ranking, and earned a place on the List of Top 10 Reformers in the
world.
“* According to Q3 2017 figures, agriculture export is up
year-on-year by 25%, solid minerals exports are up year-on-year by 78%, raw
materials exports are up 70% year-on-year and manufactured goods exports are up
22% year-on-year.
“* Government agencies, such as the Nigeria Customs Service, are
reporting highest-ever revenue collection while 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 a paltry N51 million!”
He went on: “These positive indices may not have immediately
impacted positively on Nigerians, but Nigerians will definitely get a new lease
of life a short while from now. This is because the good news from the
agricultural sector, which is recording a bumper harvest, will bring down the
cost of foodstuffs, especially such staple as rice, and our massive Social
Investment Programme will ease the pain of the most vulnerable in the society.
“When we assumed office in 2015, some 6 million farmers were
involved in rice production. Thanks to the Anchor Borrowers’ programme of this
Administration, we have grown that number to over 12 million farmers. The
result is that our rice import from Thailand alone has dropped from 644,000
metric tonnes to 22,000 MT in just two years. This is phenomenal.
”Apart from rice, Nigeria is also doing well in other grains,
especially Millet, Sorghum and Maize. We are now the second largest producer of
sorghum after the US, the third in millet after India and our breweries are now
enjoying local sourcing of those commodities.
”For maize, we are producing 10 million tons while we need about
13 million tons for both human and animal nutrition. Nigeria leads the world in
the yam and cassava production. We account for 70% of the world’s yam
production. In two years, we hope to be the world’s largest exporter of
yam! Overall, our ambition is that agriculture should rise from 25% to 40% of
GDP, so that we can banish poverty and overcome our economic anxiety.
“Our Social Investment Programme is Nigeria’s most ambitious
social welfare programme ever. Currently, 5.2 million primary school children
in 28,249 schools in 19 states are being fed daily; 200,000 unemployed graduates
have enlisted into the N-power Job Scheme, and a quarter of a million loans
already distributed to artisans, traders, and farmers.
”Our investment in infrastructure is simply unprecedented. This
is because infrastructure is key to faster economic growth and development.
”Here is a synopsis of what we have done in this area:
“* Power Generation at an all-time high of 7,000mw and all can
be transmitted.
“* RAIL: Lagos-Kano Standard Gauge is on. Lagos-Ibadan sector
ready 2019, Kano-Kaduna ready 2019; The entire stretch ready 2021; Negotiations
on for Coastal Rail covering 15 cities from Lagos to Calabar.
“* ROAD: 25 major highways being funded with the N100b Sukuk
Bond, and all geo-political zones are benefitting equally.
“On whether or not President Muhammadu Buhari should run for
another term, it is true that many Nigerians have been calling on the President
to run again, while others are opposed to his return.
However, we believe this issue is a distraction for the
President at this time.
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