Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,213 members, 7,807,728 topics. Date: Wednesday, 24 April 2024 at 06:11 PM

Economic Prosperity Awaits Nigerians In Buhari’s Second Term - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Economic Prosperity Awaits Nigerians In Buhari’s Second Term (399 Views)

Increased Tariff: AC Is The Real Elephant, A Rude Shock Awaits Nigerians- Ugodre / Buhari's Second Niger Bridge Parting Gift To Ndigbo By Farooq Kperogi / Nnamdi Kanu Is Working For Buhari’s Second Term - Deji Adeyanju (2) (3) (4)

(1) (Reply) (Go Down)

Economic Prosperity Awaits Nigerians In Buhari’s Second Term by janetdaniels201: 3:11pm On Sep 18, 2018
ECONOMIC PROSPERITY AWAITS NIGERIANS IN BUHARI’S SECOND TERM”



Nigeria’s economy under President Muhammadu Buhari has become more bullish, viable, and stable, and would experience unprecedented growth in the years to come, the Buhari Media Organisation (BMO) has said in response to a report by the HSBC.



The group stated that through President Buhari’s strategic policies in diversifying the economy from its mainstay in oil and creating a positive atmosphere for industrialisation and rejuvenation of moribund non-oil sectors, Nigeria’s economic outlook is bullish.



In a statement signed by Mr Niyi Akinsiju and Cassidy Madueke, the group’s Chairman and Secretary respectively, the group stated that the Buhari administration came in with a mandate to revive an economy that was lifeless and lacking prospects; the group noted that President Buhari has decided to focus on reviving the economic potentials of Nigeria’s non-oil sector, thereby giving Nigeria a real economy and not one with a predominant focus on oil.



These moves, according to the group, were already yielding results, as non-oil sectors were beginning to see a revolution through the deliberate policies in limiting room for importation of products that can easily be produced in Nigeria, while providing the needed financing for those sectors to thrive.



“We have observed a shady report from HSBC filled with unverified and vacuous opinions that suggest Nigeria’s economy would be stagnant in Buhari’s second tenure. The fact is, the opposite is the case. President Buhari’s second coming would see to a consolidation of the unshakable foundation he has laid in his first tenure - his stabilising of the economy and his creation of a healthy environment for non-oil sectors to thrive.



“Under the President Buhari administration, in 2017, Nigeria's exports rose by 59%, comprised mostly of goods manufactured in Nigeria. In 2018, agriculture exports grew by 20% - a fruit of the agricultural policies of the administration. It is abundantly clear that Nigeria is departing from an import dependent economy to one that is exporting its own manufactured goods,” the statement read.



The group noted that the country’s economic growth has seen stability due to the foundation laid by the President Buhari administration, adding that the HSBC had erred in its suspicious report that claimed that Nigerians were more jobless and consequently poorer.



“The report did not factor the unprecedented programmes the Buhari administration had put in place that were creating millions of jobs in the agriculture sector, and those that were aimed at bringing millions of previously destitute Nigerians out of poverty.

“Millions of Nigerian farmers are now back in their farms due to the Anchor Borrowers Programme that is providing low interest loans to indigent farmers. The lives of these farmers have changed for the better, and testimonies abound.”



“The Buhari administration’s Social Investment Programmes has provided healthy meals to over 9 million children in public primary schools across the country; 500,000 previously unemployed young Nigerians are now meaningfully engaged with the N-Power programme, while over 290,000 families across the country are receiving a stipend of 5,000 Naira monthly to improve their living standards and allow for more disposable cash in the hands of the poorest Nigerians.”



The group went further to say that the vast infrastructural development being carried out across the country by the Buhari administration would be enjoyed and appreciated not just now but many years to come.



“A second tenure for President Buhari would give Nigeria stability, allowing the President to consolidate on these good works he has begun. Nigeria’s economy would be more stable, more vibrant and our country would be a far cry from HSBC’s predictions which we are not surprised about, given the Bank’s notoriety for its integrity deficit.”

1 Like

Re: Economic Prosperity Awaits Nigerians In Buhari’s Second Term by dukie25: 3:16pm On Sep 18, 2018
Ok
Re: Economic Prosperity Awaits Nigerians In Buhari’s Second Term by slivertongue: 3:28pm On Sep 18, 2018
tank u bt we wont give u a second term.
d experiences of d first term is enough to tell wat d second term wud look like

2 Likes 1 Share

Re: Economic Prosperity Awaits Nigerians In Buhari’s Second Term by Nbote(m): 3:51pm On Sep 18, 2018
If he can b dis insensitive even wen he knows his 2nd term could b at stake what do U think he has to lose once he gets d second term?? I pity Nigerians if he gets a second term.. He'll not only flagrantly abuse power and d rule of law, he'll assume d role of a dictator full time

1 Like

Re: Economic Prosperity Awaits Nigerians In Buhari’s Second Term by Banmeallday: 3:58pm On Sep 18, 2018
The only place that will become rich and more viable during another 4 year Buhari term is LONDON HOSPITALS...

SHIOOOR
Re: Economic Prosperity Awaits Nigerians In Buhari’s Second Term by FarahAideed: 4:11pm On Sep 18, 2018
LMAO..only a cursed fool will believe this ..Buhari has nothing to offer than gloom gloom gloom!!!!!!
Re: Economic Prosperity Awaits Nigerians In Buhari’s Second Term by Racoon(m): 4:43pm On Sep 18, 2018
"There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true"-Soren Kierkegaard.
Some people are under curse.
Re: Economic Prosperity Awaits Nigerians In Buhari’s Second Term by StillX10(m): 5:34pm On Sep 18, 2018
BMO is a group of senseless individuals.

Buhari has no focus or sense of direction, and he does not deserve a second term, simple
Re: Economic Prosperity Awaits Nigerians In Buhari’s Second Term by EmirAbj: 5:50pm On Sep 18, 2018
And You Think Lifeless Bubu Go See 2nd Term
Re: Economic Prosperity Awaits Nigerians In Buhari’s Second Term by nijabazaar: 5:54pm On Sep 18, 2018
Never Again...
Re: Economic Prosperity Awaits Nigerians In Buhari’s Second Term by Grayxme: 6:13pm On Sep 18, 2018
Forbes a research institute recently rated Nigeria's economy best in Afrrica...This is indeed a great achievement as it indicates that we are moving forward

(1) (Reply)

APC Will Use Workers Vote To Win Osun Governorship Election - Chairman Of APC Na / Some Interesting Facts About Slave Returnees In S-leon And Liberia / ...

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 17
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.