REMINISCE ON DR. GOODLUCK JONATHAN 365 DAYS IN OFFICE

1. Nigeria’s oil industry expanded by 20% and we reclaimed our position as Africa’ largest oil exporter which we’d hitherto lost to Angola.

2. Recognized by OPEC in July as the 2nd largest oil exporter 2nd only to Saudi Arabia. It is the first time Nigeria has recorded such a feat.

3. Inflation rate has been reducing as the administration enforces tighter fiscal policies.

4. In June the Consumer Price Index showed an inflation rate of 10.2% which dropped to 9.4% in July being the lowest rate in the last 4 years.

5. Foreign Reserves rises by 10% to $35 billion. 6. Nigeria’s GDP growth rate month over month has continued to grow from 6.7% in May to 6.9% in July of 2011.

7. Nigeria declared top three investment destinations in Africa (number 2) by the independent Africa Business Panel in the Netherlands.

8. Nigeria now generates power at her highest level ever (4000mw) which is still far from enough but which will improve monthly.

9. Nigerian Railway Corporation commenced Mass Transit Services in 5 of 6 geo-political zones. Last zone will come on stream by year’s end.

10. With establishment of the NSIA, President facilitates direct investments into infrastructure with priority areas being Power and Roads.

11. The Federal Government also awarded contracts for various road projects across the country whose impact will soon be felt nationwide.

12. Launch of NigeriaSat-2 and NigeriaSat-X Satellites to expand Internet Bandwidth and provide early warning to prevent natural disasters.

13. President introduced the policy of engaging the Private Sector on kerosene pricing and price reduced between May and September, 2011.

14. Recognizing the sacrifices of youth corps members, President approved upward review of allowances from 9,700 to 19,800 Naira.

15. Implementation of Minimum Wage Increase for Nigerian Workers to 18,900 Naira monthly. 16. 35% Slot For Women in the cabinet.

17. Deepening Security and expanding Peace in the Niger Delta.

18. Reduced kidnapping in South East with implementation of President’s order establishing the 14 Brigade of the army in Ohafia, Abia state.

19. Maritime Safety has been ensured and stabilized in the last 100 days.

20. A stellar cabinet comprising former MDs of the World Bank & Goldman Sachs, Chairperson Accenture and multiple PHds.

21. The National Automobile Council established an Automotive Development Fund to resuscitate the automobile industry and generate jobs.

22. Approval for genuine foreign investors to obtain visas at the point of entry to facilitate FDI investments.

23. Model Skills Training Centers in Abuja- collaboration between Industrial Training Fund & the Institute for Technical Education, Singapore.

24. Establishment of the Nigerian Vehiclee Credit Purchase scheme.

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I present to you, a man of honour, decorum and integrity. A man whose ambition is not worth the blood of any Nigerian. A man who gave all for Nigeria democracy.

I celebrate Dr. Ebele Goodluck Jonathan on this day.

Father of many nation

Like if u miss GEJ....share if you dont

A Generous Corrupt president

Something Good is attached to that name "Goodluck"! After 4 years of Buhari, Nigerians will know better.

One dullard is still saying I will, we will after a full year. Nothing to show for it. Except multiplication of suffering for the masses Some Nigerians deserve it because they are very ungrateful.

,

This is a leader worth celebrating for his landmark achievements. God bless GEJ.

Lalasticlala

In his first 365 day, the excess crude account was pilfered/looted/ wasted /stolen from $22 billion to $300 million.
You can choose the word that best describes what they did with the ECA.

The zombies know all these, abi were not in d country wen it happened.
But for tribal and religion sake they prefer to suffer like they are suffering now. Shebi na most of the zombies them just sack for Oyo state. Some are not on nairaland again, their force Don reduce cos no light and no fuel to charge fone. Some of them Don loose job. Some of them business Don pack up due to forex, even Dangote money Don reduce, talk less of you. Their ministers no get money pay house rent, some of them that are state and even fed workers never collect salary 4 3months and above, some of dem now na mouth to hand. Some of their children abroad are suffering now. APC sef as a party no even see money tif,they are owing their staffs.

Let dem enjoy the change.

God will continue to provide for all WAILERS in Jesus name. Atleast I go drive my car go work 2mao.

Abeg GEJ enjoy ur life. You av done well. Nigeria, Africa and the world will never forget ur handwork. I like as u go rest sef, dey collect award. Posterity is already judging you.
Buhari wants to take away the smile u put on our face. But em no reach. We shall continue smiling and progressing in this sad conditions this Buhari has put us.

God bless you GEJ.

And after u will call later Muhammad a lier, God what kind of lie is this??

Can u provide proof for this??

Nigeria oil fund fears hit bond issue
By William Wallis and David Oakley


Revenues from oil sales go to the National Petroleum Corporation
Mounting concern about a huge outflow of money from Nigeria’s “rainy day” oil fund has prompted some big investors to shun the country’s debut international bond issue on Friday.
Nigerian officials said an investor roadshow to market the $500m bond issue had generated considerable appetite among international investors
However, several major funds have told the Financial Times they are not interested in the deal because of Nigeria’s deteriorating fiscal situation and worries about how President Goodluck Jonathan’s government has run the excess crude account, designed to store up windfall oil revenues.
The account was set up under former President Olusegun Obasanjo, who stood down following 2007 elections. At that time there was $20bn in the fund. But as recently as last September there was less than $400m, according to public disclosures, which showed billions flowing out of the account last year.
To deflect questions about the constitutionality of the fund, the federal government struck a deal in 2007 to divide oil windfalls between national, state and local governments.
Since then, more than $30bn of revenues – calculated on the difference between the budgeted and market price of oil – has flowed out of the account, according to donor and government officials. The funds went partly in regular payments to state governors over which there was little subsequent oversight, and partly in federal spending on infrastructure.
“The fact they have run down the excess crude account is very worrying,“ said Antoon de Kler at Investec based in Cape Town, adding that “it is unclear where the money is going”.
“Why does a country that relies for 90 per cent of its income on oil, which has seen a big rise in price, need to run down its foreign exchange reserves? For these reasons we are not buying the bond.”
Other big international investment funds, which invest in Africa, also told the FT they would not participate in the sale. Some Nigerian politicians and officials have questioned why foreign reserves have not risen, and the excess crude account did not grow during the past year of rising oil prices.


http://www.ft.com/cms/s/0/05e178da-24d3-11e0-a919-00144feab49a.html

oduastates:
In his first 365 day, the excess crude account was pilfered/looted/ wasted /stolen from $22 billion to $300 million.
You can choose the word that best describes what they did with the ECA.

Nobody believes this stories again.
Try something else. U know in ur heart that GEJ is ahead of PMB wen it comes to performance and economy policies.

The only this GEJ is known for is stealing, encouraging looters to steal and shielding thieves from justice


But of course many nigerians either suffer from dementia or selective amnesia


All the money obj saved, where did it go??

I saw power and roads as projects OP claim GEJ invested in, yet not a single new road was constructed throughout GEJ tenure and Jonathan left office with our power sector generating less than 2000 megawatts

South africa has a population of 50million and generates 40000 megawatts. Nigeria had 170million and GEJ gave us 2000megawats. So where did the money go

Wailers, pls stop fooling yourselves with lies

I can only remember a dunce who lived for corruption!

you should blame the governors who insisted that it should be shared and even when to the extent of instituting an an action in court against the Fed govt. So blame it on the like of Ameachi and co. Do you rem when the then minister of finance was shouting that we should save for the raining day?
Go back memory lane boss.

oduastates:
In his first 365 day, the excess crude account was pilfered/looted/ wasted /stolen from $22 billion to $300 million.
You can choose the word that best describes what they did with the ECA.