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Major Economic Achievements Of Goodluck Jonathan Administration - Politics (6) - Nairaland

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Re: Major Economic Achievements Of Goodluck Jonathan Administration by brainyc: 8:58am On Jan 29, 2013
i brainy c,im still challenging all this anc nd cpc propagadist,wat have the acn nd cpc states done in their states that is extraordinary that will make we none yorubas to leave jonathan and follow them,ok lets do it state by state,lagos and akwaibom,ekiti nd enugu state.i dnt want to put rivers state because a public primary school in rivers state is more beautiful,more equipt nd more environmental friendly than the best government secondary school in slum call lagos not to talk of health facilities.

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Re: Major Economic Achievements Of Goodluck Jonathan Administration by Countryman93: 11:01am On Jan 29, 2013
Theres urgent need for a common sense vaccination for we nigerians to begin to fish out the conspiracy theories in our politics . Theres a saying that to whom a brain is given sense is expected. I know that after reading the things i will drop here, thousands of folks will kill me with different labels. No wahala that is the cross of good conscience and right judgement away from general public feelings and ill conceived perception.

Mallam Elrufai deceived madam skin punk Ezekwesili to enter an ill fated accountability battle with the FG with promise of VP Slot come 2015 insha allah.Now she's locked in a battle that will gradually become her undoing. The same Elrufai that confiscated lands and even allocated some to his friend in deceit (skin punk oby) with which she gave her so called pastor husband to erect a monumental church in Abuja.

But after the storm settles about her fictitious rantling, the question remains; what happened to the huge education funds she collected within 7 months? (not to mention the funds she collected in Solid minerals Ministry)

let the acclaimed madam due process set herself as example by accounting to Nigerians first. let me mention that truly she"s one of the few folks that have made us proud but she has soiled her reputation by becoming a politician. She has joined Soludo in ignominy. As for Elrufai, he is locked in a deadly battle with the Holy Spirit in an attempt to defend his purported running mate come 2015 insha allah from allegation of misappropriation of huge education funds in 7 months.

I hate it when folks begin to run their mouth as soon as they vacate office and are not recalled. No Nigerian is indispensable no matter ur proffessorial majesty. Oby Ezekwesili and her ilk pride themselves as indispensable and the only knowledgable people with the magic wand to change Nigeria. And even more annoying is that they wear a fake garment of religious piety after contributing to our problems. the Onus is on nigerians to shine their eyes to all this ongoing deceit of the public for fame and power.

how many times did she engage in debate when she was minister? she should not worry when Maku leaves office she should come for debate then she will receive the rudest shock of her life that she's been overrating her self.

Elrufai has been caught in his web of evil hatred and deceit. Tribute to the dying Elrufai hausa fulani dynasty; FROM DIVIDE AND RULE to DECEIVE AND RULE? no way. not this time and age my people. This is not about GEJ its about rescuing the people from Men and women of Evil venom in beautiful disguise. Nigeria must and will be freed in the midst of fake apostles of change and accountability. Nonsense!
Re: Major Economic Achievements Of Goodluck Jonathan Administration by mandarin: 6:01pm On Apr 25, 2013
ifihearam: MAJOR ECONOMIC ACHIEVEMENTS OF THE JONATHAN ADMINISTRATION

The Economy

Improvement in Economic Indices - In October 2011 International Ratings agency, Fitch Ratings revised the country’s Outlook upwards from Negative to Stable.

Standard and Poor’s another internationally respected and independent ratings agency, revised Nigeria's ratings from stable to Positive.

Signing into law the Nigerian Oil and Gas Industry Content Development Bill 2010 (Local Content Bill) which has increased Local Content in the Oil and Gas sector.

Ø As a direct result of that law Royal Dutch Shell awarded a N7.8 billion ($49.9 million) contract to a Nigerian firm, S.C.C Limited, for the manufacture of high pressure line pipes that would otherwise have been awarded to a foreign firm.

Ø As a result of this law, Exxon Mobil awarded an off shore platform contract to a local firm, NigerDockNig. PLC that would otherwise have been awarded to a foreign firm.

Initiating the Sovereign Wealth Fund (SWF). A seed capital of $1 billion was provided to kick start the fund as well as establish three sub funds- the Nigeria Infrastructure Fund; the Future Generations Fund and the Stabilization Fund which will be the pillars of the SWF.

Launched the Youth Enterprise with innovation in Nigeria (YOUWIN) initiative on the 11th October 2011 which is the administration's job creation centre piece.

Ø On Thursday April 12, 2012, 1,200 Nigerian youths emerged winners of the competition following a transparent process. Each winner receives a business start up grant of between 1 to 10 million Naira.

Foreign exchange reserves rose to $37.02bn by May 14, 2012, the highest level in 21 months.

On March 29th, 2011, The UK Government in London described Nigeria as the fourth fastest growing economy in the world.

On February 13 2012, President Goodluck Jonathan launched the Public Works Women and Youth Empowerment Programme, an intervention programme designed to employ 370,000 youths in the year 2012 with 30% of those jobs being reserved for women.

The Federal Government under President Jonathan has secured investment commitments worth 4.89 Trillion Naira.

Launched the NigComSat-1Rsatellite which will help expand Internet Bandwidth, monitor the weather and provide early warning to prevent natural disasters like floods, crop monitoring and urban planning. It has the attendant benefit of reducing the over $1 billion spent in purchasing Internet Bandwidth from abroad.

Nigeria’s banking industry rescued and stabilized by the establishment of the Asset Management Company of Nigeria (AMCON) in the year 2010.

MasterCard made Nigeria its regional headquarters for its West/East and Indian Ocean islands zone raising the profile of Nigeria’s e-commerce industry.

Nigeria’s GDP grew by a record 8.29% during the last quarter of 2010 and by over 7% in 2011. In the first quarter of 2012 Nigeria had verifiably become the fourth fastest growing economy in the world as recently attested to by several multilateral bodies and trading partners.

Revival of the Textile industry via the 150 billion Naira Textile Industry Bailout. As a result the United Nigerian Textile Limited was reactivated amongst others and 2000 employees re-engaged.

Non oil exports from 2010 (standing at $2.3 Billion) and subsequent years are ten times what they were in 2000 (which were $200 Million) as a direct result of this administration’s intervention in the Textile Industry and Real Sector.

Economic achievements are measured ,largely in terms of expansion across various facets. How much employments has these touted achievements generated? When Sanusi became CBN governor thousands of jobs were lost but in spite of all the noise about getting Banks to help the micro economic sector work it has become worse off! I often listen to indices by Mrs Okonjo stating various economic growth rates and sometimes shake my head, its obvious that Harvard/MIT certificates or knowledge of the World Bank are not solutions to Nigeria economy.
No achievement can make any impact if corruption remains rife, no achievement will ,last when about a few families control the economy, no ,achievements will matter when Nigerians(and Niger Deltans) cannot benefit from oil mined in their country, no ,economic achievements count when no real sector of the economy is expanding!
In Nigeria, opportunities are shrinking and I will advise the President to just keep quiet as Nigeria has remained moribund since Yar'ardua regime
Re: Major Economic Achievements Of Goodluck Jonathan Administration by livingday: 10:10am On Jul 10, 2013

I am surprised how gullible some Nigerians are! What are the effects of these achievements on the poor infrastructures in roads, hospitals, schools, rail, electricity, kidnapping, arm-robbery, university strikes, corruption in both high and low places or the continued theft of Nigerian oil etc, apart from general insecurity in the country and millions of unemployed men and women who can't afford to feed themselves let alone afford treatment? My idea of achievement or of a performing government differs greatly!!
Re: Major Economic Achievements Of Goodluck Jonathan Administration by mandarin: 5:46pm On Jul 10, 2013
ifihearam: MAJOR ECONOMIC ACHIEVEMENTS OF THE JONATHAN ADMINISTRATION

The Economy

Improvement in Economic Indices - In October 2011 International Ratings agency, Fitch Ratings revised the country’s Outlook upwards from Negative to Stable.

Standard and Poor’s another internationally respected and independent ratings agency, revised Nigeria's ratings from stable to Positive.

Signing into law the Nigerian Oil and Gas Industry Content Development Bill 2010 (Local Content Bill) which has increased Local Content in the Oil and Gas sector.

Ø As a direct result of that law Royal Dutch Shell awarded a N7.8 billion ($49.9 million) contract to a Nigerian firm, S.C.C Limited, for the manufacture of high pressure line pipes that would otherwise have been awarded to a foreign firm.

Ø As a result of this law, Exxon Mobil awarded an off shore platform contract to a local firm, NigerDockNig. PLC that would otherwise have been awarded to a foreign firm.

Initiating the Sovereign Wealth Fund (SWF). A seed capital of $1 billion was provided to kick start the fund as well as establish three sub funds- the Nigeria Infrastructure Fund; the Future Generations Fund and the Stabilization Fund which will be the pillars of the SWF.

Launched the Youth Enterprise with innovation in Nigeria (YOUWIN) initiative on the 11th October 2011 which is the administration's job creation centre piece.

Ø On Thursday April 12, 2012, 1,200 Nigerian youths emerged winners of the competition following a transparent process. Each winner receives a business start up grant of between 1 to 10 million Naira.

Foreign exchange reserves rose to $37.02bn by May 14, 2012, the highest level in 21 months.

On March 29th, 2011, The UK Government in London described Nigeria as the fourth fastest growing economy in the world.

On February 13 2012, President Goodluck Jonathan launched the Public Works Women and Youth Empowerment Programme, an intervention programme designed to employ 370,000 youths in the year 2012 with 30% of those jobs being reserved for women.

The Federal Government under President Jonathan has secured investment commitments worth 4.89 Trillion Naira.

Launched the NigComSat-1Rsatellite which will help expand Internet Bandwidth, monitor the weather and provide early warning to prevent natural disasters like floods, crop monitoring and urban planning. It has the attendant benefit of reducing the over $1 billion spent in purchasing Internet Bandwidth from abroad.

Nigeria’s banking industry rescued and stabilized by the establishment of the Asset Management Company of Nigeria (AMCON) in the year 2010.

MasterCard made Nigeria its regional headquarters for its West/East and Indian Ocean islands zone raising the profile of Nigeria’s e-commerce industry.

Nigeria’s GDP grew by a record 8.29% during the last quarter of 2010 and by over 7% in 2011. In the first quarter of 2012 Nigeria had verifiably become the fourth fastest growing economy in the world as recently attested to by several multilateral bodies and trading partners.

Revival of the Textile industry via the 150 billion Naira Textile Industry Bailout. As a result the United Nigerian Textile Limited was reactivated amongst others and 2000 employees re-engaged.

Non oil exports from 2010 (standing at $2.3 Billion) and subsequent years are ten times what they were in 2000 (which were $200 Million) as a direct result of this administration’s intervention in the Textile Industry and Real Sector.


I do not know what is going on in the mind of the poster but if I can say, even Obj we criticized achieved $32 billion debt cancellation which is worth in value than all you have listed!
The GSM contribution to the economy is much more than all you have listed considering its impact on GDP growth and job creation.
I believe President Jonathan can write his name in gold if and only if he can fix one all important sector....power!
All your listed achievements are supposed to create opportunities for Nigerians but how can you boast of creating 1200 jobs in a country of 130 plus millions people!
Please lets be intellectual enough and be honest in our dealings.
Re: Major Economic Achievements Of Goodluck Jonathan Administration by jamace(m): 8:32pm On Nov 23, 2014
mandarin:



I do not know what is going on in the mind of the poster but if I can say, even Obj we criticized achieved $32 billion debt cancellation which is worth in value than all you have listed!
The GSM contribution to the economy is much more than all you have listed considering its impact on GDP growth and job creation.
I believe President Jonathan can write his name in gold if and only if he can fix one all important sector....power!
All your listed achievements are supposed to create opportunities for Nigerians but how can you boast of creating 1200 jobs in a country of 130 plus millions people!
Please lets be intellectual enough and be honest in our dealings.
grin grin
Re: Major Economic Achievements Of Goodluck Jonathan Administration by bamideleolushol(m): 1:07pm On Jan 28, 2015
Achievement or not achivement. That is there cup of tea. Aguntan je labe geesi. Who ever chop wi praise pipu. Am still slEeping neva see anything sha. But chaibuhari shuld and do it again

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