Uncategorized

Presidency Releases Document Detailing Buhari’s Achievements In 3 Years

on

Ahead of Democracy Day on May 29 this year, the presidency has published a document reeling out President Muhammadu Buhari’s achievements during his three years in power.

Buhari was elected under the platform of All Progressives Congress (APC), defeating then incumbent President Goodluck Jonathan of the Peoples Democratic Party (PDP).

CLICK HERE TO JOIN OUR UPDATED WHATSAPP GROUP FOR LATEST UPDATES

Promote Your Music Now @ Just 2000, Contact or Chat Admin On +2349030293089 At Whatsapp

He was sworn into office on May 29, 2015.

In his inaugural speech, the president stated that his administration will focus on the economy, fight against corruption, and provision of security.

The document reads:

Economy
The presidency says the Nigerian economy is back and is on the path of growth after the recession of 2016-17.

It said the Buhari administration’s priority sectors of agriculture and solid minerals maintained consistent growth throughout the recession.

It said inflation has fallen for the fifteenth consecutive month while the nation’s external reserves are at their highest levels in five years, currently double the size of October 2016.

“The new FX Window introduced by the CBN in April 2017 now sees an average of $1 billion in weekly turnover, and has attracted about 45 billion dollars in inflows in its first year, signalling rising investor confidence in Nigeria

READ  Female Corper And Her Child Rock NYSC Kaki In Adorable Photos

“Nigeria’s Stock Market ended 2017 as one of the best-performing in the world, with returns of about 40 percent,” it said.

It also said five million new taxpayers were added to the tax base since 2016, as part of efforts to diversify government revenue.

Also, tax revenue increased to N1.17 trillion in the first quarter 2018, a 51 per cent increase on the first quarter 2017 figure.

The government said N 12.7 trillion was spent on infrastructure in the 2016 and 2017 budgets, “an unprecedented allocation in Nigeria’s recent history.”

Other economic achievements, stated by the presidency, include the revitalisation of 14 moribund blending plants under the Presidential Fertilizer Initiative, and the tripling of revenue to the Federation Account from solid minerals.

It said the revenue tripled from N700 million in 2015 to N2 billion in 2016, and again rose to N3.5 billion in 2017.

The presidency also said its Economic Recovery and Growth Plan (ERGP), which was launched by Mr Buhari in April 2017, has stabilised the macroeconomic environment; achieved agricultural and food security and has also ensured energy efficiency especially in power and petroleum products.

READ  Check Out This Adorable Photo As Mum And Daughter Rocks Green And White Outfit

It also said the ERGP has improved transportation infrastructure and industrialisation primarily through the Small and Medium Enterprises (SMEs).

“To fast-track the implementation of the ERGP, the federal government launched the ERGP Focus Labs, as a targeted 6-week intervention (March to April 2018) to unlock medium-scale and large-scale investment projects held back by bureaucratic bottlenecks.

“The just-concluded Phase 1 of the ERGP Focus Labs identified projects worth about $10 billion for fast-tracking, and the bottlenecks holding them back are now being resolved,” the government said.

In the area of monetary, fiscal and trade policies, the document stated that the APC administration created a new Foreign Exchange window for investors and exporters in April 2017 which has helped stabilise the market and increase appetite for Nigerian stocks by foreign portfolio investors.

“The new Window has attracted inflows of more than $45 billion in its first year of operation,” it said.

In the area of debt management, the document reveals that government adopted a strategy that seeks to achieve its goal by replacing Treasury Bills borrowing with lower-cost, longer-term external financing (via Eurobonds and Concessional Loans from China)

“The Buhari Administration inherited N12.1 trillion in debt, with N5.4 trillion annual servicing cost, and had reduced the debt service on this inherited debt to N3.9 trillion by 2016,” it said.

READ  Many Injured As Thugs Disrupt APC Congress In Ondo (Photos)

Under the Bond Issuance programme, the government said $7.3 billion was issued in Eurobond in 2017/18, to fund the 2017 Budget as well as to refinance maturing treasury bills and lower the cost of borrowing for the government.

“This debt refinancing strategy is paying off as treasury bill rates have dropped from 16-18% to 10-12% over the last year.

“The oversubscription of our recent Eurobond (the first issuance in 2017 saw orders in excess of US$7.8 billion compared to a pre-issuance target of US$1bn) demonstrates strong market appetite for Nigeria, and shows confidence by the international investment community in Nigeria’s economic reform agenda,” the government said.

Other debt related issues raised in the document include Nigeria’s first Sovereign Sukuk Bond which raised N100 billion used to fund 25 major road projects across the country.

There was also Nigeria’s first ever Diaspora-targeted Eurobond that raised $300 million used to fund part of the 2017 Budget and Africa’s first Sovereign Green Bond Programme that raised N10.69 billion used to fund infrastructure projects that tackle climate change.

Source: https://www.generalbaze.site/

About Chidiebere

Recommended for you

Leave a Reply

Your email address will not be published. Required fields are marked *

Tags:mp3 Presidency Releases Document Detailing Buhari’s Achievements In 3 Years MUSIC Presidency Releases Document Detailing Buhari’s Achievements In 3 Years DOWNLOAD Presidency Releases Document Detailing Buhari’s Achievements In 3 Years ,MUSIC FULL ALBUM ZIP MP3 ALL MUSIC Presidency Releases Document Detailing Buhari’s Achievements In 3 Years FAST DOWNLOAD Presidency Releases Document Detailing Buhari’s Achievements In 3 Years FOR YOUR PC,LAPTOP, PHONE, NOKIA, WINDOWS, LUMIA, MICROSOFT, TECNO, INFINIX, GALAXY, IPHONE, ANDROID, JAVA, GSM, HTC, BLACKBERRY, HUAWEI, ERICSSON, MICROMAX, APPLE PHONE,GIONNE PHONE, IBERRY,LG, ZTEL,ITEL,PHILIPS,SWIPE, ZTE, ZEN,YU,XOLO,swipe,motor Feel Free To Download Incredible Musics & Files Like Presidency Releases Document Detailing Buhari’s Achievements In 3 Years.mp3, Presidency Releases Document Detailing Buhari’s Achievements In 3 Years.3gp, Presidency Releases Document Detailing Buhari’s Achievements In 3 Years.wav, Presidency Releases Document Detailing Buhari’s Achievements In 3 Years .mp3 Available at Generalbaze.com, Presidency Releases Document Detailing Buhari’s Achievements In 3 Years .mp4 @ www.generalbaze.com,Video Downnload Presidency Releases Document Detailing Buhari’s Achievements In 3 Years.3gp waptrick Download Presidency Releases Document Detailing Buhari’s Achievements In 3 Years.mp4 naija waptrick naijaloaded Download Music Presidency Releases Document Detailing Buhari’s Achievements In 3 Years Where to Get Presidency Releases Document Detailing Buhari’s Achievements In 3 Years Audio And Mp3,Wizkid Presidency Releases Document Detailing Buhari’s Achievements In 3 Years, Naijaloaded Presidency Releases Document Detailing Buhari’s Achievements In 3 Years Hd Video, Tooxclusive Presidency Releases Document Detailing Buhari’s Achievements In 3 Years, Notjustok Presidency Releases Document Detailing Buhari’s Achievements In 3 Years.mp3, Mp3skullPresidency Releases Document Detailing Buhari’s Achievements In 3 Years, Wizkid Donjazzy Phyno Olamide Banky W Yemi Alade Tiwa Savage Naij Waptrick Datafilehost Play nairaland .com Phyno .mp3 Download Naija Presidency Releases Document Detailing Buhari’s Achievements In 3 Years.mp3 Naija Music waptrick Presidency Releases Document Detailing Buhari’s Achievements In 3 Years.mp4 wapdoze, musicloaded, naijaloaded .com; waptrick .com, gidifans .com, codedtunes, notjustok .com, Presidency Releases Document Detailing Buhari’s Achievements In 3 Years gidiwap, musicwap, lagosloaded, waploaded, waplodge, classicbaze, generalbaze.com Download Presidency Releases Document Detailing Buhari’s Achievements In 3 Years MUSIC MP3 DOWNLOAD At 1MB, 2MB, 3MB, 4MB, 5MB, 6MB, 7MB .mp3 Where to Get Presidency Releases Document Detailing Buhari’s Achievements In 3 Years .mp3 audio, Download Presidency Releases Document Detailing Buhari’s Achievements In 3 Years .mp3Crystals torrent, mp3song, wapdam, Mp3skull, Naijaloaded, mp3juice, mp3skull, iroking, telechager, stafaband, itunes, yesasia, Notjustok, wapmusic, mp3 lio, 9jabaze, jaguda, zipppshare, 4shared,soundcloud, index of mp3, Stafa Band,SoundCloud, Foreign Musics .mp3 Song lyrics Gratis Download Lagu Bondolan Mp3 Full Songs Lagu Terbaru Subro Subro Mp3 Streaming Live Online Music mp3 Subro . Download , lagu terbaru , Subro Mp 3 Streaming Live Online Music mp3 Subro. mp3skull, mp3juices, ringtone, soundcloud, youtube, mp3clan, free mp3 now, mp3 with,.remix, mp3rocket, 320kbps, mp3truck, kiwi6, waptrick, Extratorrent .cc, Torrent, hindi, lagu, songs, music, Presidency Releases Document Detailing Buhari’s Achievements In 3 Years radio, lyrics Free Downloads .Download Presidency Releases Document Detailing Buhari’s Achievements In 3 Years Naijabaze .Mp3 Download, Free Audio Download, Download Presidency Releases Document Detailing Buhari’s Achievements In 3 Years .mp3 Song Download, Presidency Releases Document Detailing Buhari’s Achievements In 3 Years .mp3 CDQ Full track Download Presidency Releases Document Detailing Buhari’s Achievements In 3 Years Single Free Download, Presidency Releases Document Detailing Buhari’s Achievements In 3 Years .mp3 Vevobase Music Download, Presidency Releases Document Detailing Buhari’s Achievements In 3 Years , SoundCloud Download Presidency Releases Document Detailing Buhari’s Achievements In 3 Years.mp3 Listen Online, Song In 320Kbps & 128Kbps, 190Kbps format, Presidency Releases Document Detailing Buhari’s Achievements In 3 Years mp3 Play Online, wap10.net Presidency Releases Document Detailing Buhari’s Achievements In 3 Years.mp3 Music Listen Online, Download full album of Presidency Releases Document Detailing Buhari’s Achievements In 3 Years .mp3, mp3skull Presidency Releases Document Detailing Buhari’s Achievements In 3 Years.mp3 Original CD rip,itunes rip,amazon rip Free Downloads, Download CD Rip of Chris Brown – Add Me In.mp3 Song, Radio Rip Of Download Presidency Releases Document Detailing Buhari’s Achievements In 3 Years .mp3.mp3 High Quality Song Download, 9jabaze Presidency Releases Document Detailing Buhari’s Achievements In 3 Years .mp3 Hindi Bollywood English Bengali Song Download Free download Song To Mobile Pc Device Now From Presidency Releases Document Detailing Buhari’s Achievements In 3 Years – www.generalbaze.com ,This is Under Presidency Releases Document Detailing Buhari’s Achievements In 3 Years www.generalbaze.com songs ALSO DOWNLOAD FREE MP3 SONGS @ zippyshare, radio, CDQ, dilandau , flvto, val .fm , wikia, mp3 clan, 2shared , soundowl, vevo , stafaband , online, mp3 juice, mp3xd , gratis,Mp3 clan , waploaded , naijaloaded, naij , baseshare , melodyspot , urbanmusichq , nairaland , 70mack , google , forumspotz , naijasolid , audiocastle , 360musicng , 360nobs , tooxclusive , facebook , vevomack , yahoo , mp3 download , mp4 download , index of mp3 s, Subro youtube, metrolyrics, mp3. li , mix, azlyrics,Subro mp 3 .zing vn, indir , hulkshare , mp3fon , Stafa Band , lagu terbaru , Gudang Lagu , ringtone , mp3skull , mp3olimp , soundcloud , remix , Subro Bondolan 320 kbps , kiwi6 , youtube- mp3 org ,Spotify, vimeo, mp3skull , 4shared , vibe3 , itunes , mp3 vip , songs, music , waptrick, Torrent, filestube , hindi , lyrics Gratis Download Lagu Bondolan Mp3 Full Songs Lagu Terbaru Subro Subro Mp3 Streaming Live Online Music mp3 Subro Hindi Bollywood English Bengali Song Download, Download & Enjoy and Download Presidency Releases Document Detailing Buhari’s Achievements In 3 Years.mp3 Where to Get Presidency Releases Document Detailing Buhari’s Achievements In 3 Years.mp3 audio, Download Presidency Releases Document Detailing Buhari’s Achievements In 3 Years Free from wap10 .net Mp3 Download, Free Audio Download, Presidency Releases Document Detailing Buhari’s Achievements In 3 Years gltrends Song Download, ::TITLE::.mp3 lagosloaded CDQ Full track Download, Presidency Releases Document Detailing Buhari’s Achievements In 3 Years Naijaextra, Single Free Download,Presidency Releases Document Detailing Buhari’s Achievements In 3 Years.mp3 Vevobase Music Download,free itunes Presidency Releases Document Detailing Buhari’s Achievements In 3 Years SoundCloud Download Presidency Releases Document Detailing Buhari’s Achievements In 3 Years.mp3. Listen Online, Presidency Releases Document Detailing Buhari’s Achievements In 3 Years.mp4 mp3 Song In 320Kbps & 128Kbps, 190Kbps format, Tindeck Presidency Releases Document Detailing Buhari’s Achievements In 3 Years mp3, Download .3gp .mp4 .3gpp .flv .mp3, Watch Download Video Presidency Releases Document Detailing Buhari’s Achievements In 3 Years for free @ sureloaded Play Online Presidency Releases Document Detailing Buhari’s Achievements In 3 Years.mp3, Download full album of Presidency Releases Document Detailing Buhari’s Achievements In 3 Years.mp3, mp3skull Presidency Releases Document Detailing Buhari’s Achievements In 3 Years Wapdam Original CD rip, itunes rip,amazon rip Free Downloads, Download CD Rip of Presidency Releases Document Detailing Buhari’s Achievements In 3 Years Song, Radio Rip Of ::TITLE::.mp3.mp3 High Quality Song Download Hindi Bollywood English Bengali Song Download Free download Song To Mobile Pc Device Now From Presidency Releases Document Detailing Buhari’s Achievements In 3 Years. DOWNLOAD FREE MP3 SONGS Presidency Releases Document Detailing Buhari’s Achievements In 3 Years @ zippyshare, radio, CDQ, dilandau , flvto, val .fm , wikia, mp 3 clan, kiss daniel, wizkid, olamide, nickminaj, naijafamous, kiwi6 , youtube- mp 3 org ,Spotify, tooxclusive, soundcloud , remix , Subro Bondolan 320 kbps , mp3 vip , songs, music , waptrick, Torrent, vimeo, Presidency Releases Document Detailing Buhari’s Achievements In 3 Years at mp3skull , 4shared , vibe3 , itunes , mp 3 juice, mp 3xd , gratis,Mp 3 clan , index of 2shared , soundowl, vevo , stafaband , online, filestube , hindi , lyrics Gratis Download Lagu Bondolan Mp 3 Full Songs Lagu Terbaru Subro mix, azlyrics,Subro mp 3 .zing vn, indir , mp 3 s, Subro youtube, metrolyrics, mp 3. li ,Gudang Lagu , ringtone , mp 3skull , mp 3olimp , hulkshare , mp 3fon , Stafa Band , lagu terbaru , Subro Mp 3 Streaming Live Online Music mp 3 Subro . Download & Enjoy African Nollywood Full Movies.flv, .3GP .FLV .MP3 .MP4 Format, Download Video
Google.com--Google.com.ng--Google.co.in--Google.co.uk--Youtube-- hatena-- webry--jtb-- tripod-- xrea-- so-net-- efk-- gamer-- Google+-- fb1-- fb2--Sitemap--IG
Do NOT follow this link or you will be banned from the site!