Here is the review of the performance of the current administration of We present few charts to show the economic directions, with recent growth less than 2%.


https://twitter.com/BudgITng/status/1001374955672653824?s=20

From June 2015 to December 2017, FG has spent N13.23tn, with only 12% (N1.58tn) going to capital expenditure.

Source: CBN

FG has spent more on recurrent expenditure than revenue collected. This is shows that contrary to the Fiscal Responsibility Act, FG is borrowing to fund recurrent expenditure.

We are doomed....only our PVC or visa can save us....

The rate of inflation is going down after a peak of 18.72% in January 2017. Inflation has slowed down to 12.48%.

Food inflation is not seeing the same change as recent rates still hold firm at 18.89%. Why is the price of food rising at double-digit in Nigeria?

Nigeria needs to worry on its size of debt servicing as it reaches over 35% of public revenues. N2.2tn is budgeted to service debts in 2018.

There are more people out of job in Nigeria in the current administration. This administration economic policies has doubled the rate of unemployment in Nigeria. We need to ask questions.

Capital importation numbers are rising. From the poor numbers of 2017, Nigeria sees a rise in inflows of foreign currency by investors and lenders. What is powering this?

Portfolio Investments have been the driver of investments in Nigeria. Since Q3 2017, there has been an inflow of “hot money” into Nigeria

However, Nigeria still performs low in sticky foreign direct investments that can transform the economy on the long term. After the rapid rise of Q3 2015, what can Nigeria do to be an investment destination?

Domestic debts are rising as FG has added N4tn to the internally-sourced debt. External debts have also increased from $10.3bn in June 2015 to $18.9bn as at December 2017. This puts the total debt addition at N6.6tn as at December 2017.

Can we still salvage this nation?

Not many PVC Nigerians will give thought to these statistics.

Good Narrative @ engineerboat.
Increased 'hot money' by portfolio investors have been explained also by you. The yields on TBs as FG borrowing increased attracted them. Some exit activities in the past few days highlight how 'hot' the funds are.

Most painful thing is that some zombies will still vote him next year all cos they were told that 2023 will be their turn. #Medievalpresident

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The data speaks for itself, propaganda has an expiry date.

Buhari and APC have only made things a little better in 2018 than the 'worst' they took Nigeria to in 2016.

They have left Nigeria and Nigerians clearly worse off than in 2015 (when we thought things couldn't and shouldn't get any worse).

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influenz:
Can we still salvage this nation?

No hope so long as this contraption continues

Nothing inspiring hope

When I say Buhari is the worst thing to happen to the black race Inknow what I am saying

Borrowing to fund recurrent expenditure, Buhari and his Minister's are telling us otherwise. Mind boggling borrowings, where is the impact of there so called cost savings measures.