Aishamohammed20's Posts
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My moslem brother,you truncated democracy with a dastardly coup and took away power from me..You made me to suffer,and you took away my opportunity to RULE Nigeria. You said you do not want democracy in Nigeria.. The same democracy you truncated, you are fighting hard to get with desperation and diabolical power..Buhari, you will suffer hard in the hand of Tinubu, who will use and dump you as he did to Nehu Ribadu..2011 you cried publicly when you lost election,and you made provocative statements that you will make Nigeria ungovernable for pres'Jonathan, which erupted into post election violence, that brought Boko Haram into existence, over 500 innocent Nigerians died instantly,their blood is still crying for vengeance on your head. Buhari, you will never rule Nigeria again..«««Please forward this letter to others until it gets into the mail box of Buhari»»» |
ICT 1. Government policies have helped the telecoms sector to grow exponentially. 2. The ICT sector is the fastest growing sector in the country. 3. The telecommunications industry currently contributes 8.53% to the GDP, compared to 0.62% in 2011. 4. Mobile phone/voice penetration has increased to 85.25% of the population, compared to 0.73% in 2001. 5. There are over 50 million mobile Internet subscriptions in Nigeria. 6. Government currently delivers more than 50 services online, including passport and driving licence application process compared to 30 at the end 2012. 7. 250 websites hosted on ".gov.ng" platform and 420 MDAs connected. 8. Nigerian e-commerce companies are some of the fastest growing companies in the world. 9. Two IT Development Entrepreneur Accelerators (idea hubs) have been launched in Yaba, Lagos and Tinapa, Cross River State. 10. 27 Federal Universities connected via 10GBps meshed trunk circuits, to form the Nigerian Research & Education Network (Ng REN) with connectivity to other international research networks. 11. National Broadband Plan approved in May 2013. 12. NigComSat-IR satellite was launched to provide more options for distributed access and rural connectivities. 13. The IT transformation has also led to online shopping in Nigeria, previously unheard of. Value of online shopping grew 25% to N62.4 billion in 2011 from N49.9 billion in 2010. 14. Nigeria has developed logically produced tablets, equivalent to the iPad. 15. Construction of 500km of fibre-optic cable to rural areas, with 3,000km more targeted for deployment in 2013/2014. 16. A total of 266 Public Access Venues were established in 2013; 156 Rural IT Centres, 110 Community Communication Centres. 17. Facilitation of the deployment of mobile communications base stations in rural areas of Nigeria. A total of 59 Base Stations have been installed thus far, with an additional 1,000 planned for 2014. 18. Provision of wholesale Internet bandwidth to Internet Service Providers, Cybercafes, and ICT centres like Community Communication Centres (CCC) in rural communities - connectivity to 12 out of 18 pilot sites completed. 19. Provision of computing facilities to 74 tertiary institutions and 218 public schools across the country. 20. Establishment of innovation centres to support entrepreneurs in the ICT sector and a Venture Capital fund of $15 million for ICT businesses. |
I pity dix country..but let dem postpone it for a whole year if dey like...d election must hold one day and gej will be voted in[/quote] shiffi: |
What strategy are they going to use to achieve all these? Calculia: |
What strategy are they going to use to do all these? Where they stand on key election issues? While the personalities of the two main candidates have been at the forefront of this election campaign, certain key issues - namely insecurity, elite corruption among high-profile politicians and business leaders and the state of the economy - have become increasingly important to voters. Profile: Goodluck Jonathan Profile: Muhammadu Buhari Goodluck Jonathan Muhammadu Buhari Goodluck Jonathan Muhammadu Burhari Security Promises to do "everything humanly possible" to combat Boko Haram. Seeks greater regional and international cooperation to tackle the insurgency, terrorism, piracy and organised crime. Says the government has been ineffective and lacks the willpower to fight Boko Haram. Pledges to end the insurgency within months if elected. Economy Says he will continue with his economic blueprint known as the "2011-2015 Transformation agenda". Views economic diversification as a key step towards addressing the fall in global oil prices. Says government's economic policies have worsened the lives of Nigerians. Promises to pick "competent hands" to run the economy. Pledges to tackle poverty by closing the wealth gap through shared economic growth. Corruption Says "we are fighting corruption. It is not by publicly jailing people. Yes, we believe in suppressing corruption, but our emphasis is in prevention." Says one of his key priorities is to wipe out corruption. "If Nigeria doesn't kill corruption, corruption will kill Nigeria". Employment Promises to create 2 million jobs each year. Launched YouWIN scheme for young entrepreneurs and Sure-P initiative aimed at helping graduates find jobs. Promises to create 20,000 jobs per state, totalling 720,000. Pledges support for the agricultural sector and soft loans for small manufacturers to boost job creation. Infrastructure Credits his administration with reviving the railway system and improving road infrastructure. Pledges to complete stalled road projects and improve infrastructural development nationwide, especially in the north-east. Energy Says government's privatization of the power generation and distribution companies will ensure regular power supplies in the future. Favours exploration of non-oil sector. Says economic diversification key to addressing falling global oil prices.[/quote] |
Ask them GEJ all the way diluminati: |
Have it at the back of ur mind that no man can change Nigeria accept God. GEJ... till 2019. If you are honest , you would agree with me that jonathan government is as bad as that of shagari ,despite oil price rise , there came a time when fg couldnot pay state allocations but one of his ministers could bought a car of over 200 million naira, one also could steal 20 million dollars . What has happened to the external reserve? Looted ... He keep on promising , deceiving nigerians , but anybody that knows him should tell him that it is not by force that you serve your country . They keep on borrowing money, they keep on stealing 400, 000 barrels lf oil per day ( the TAN guy) . We cannot just have another 4 years of cluelessness , corruption, and confused government . All we want is change . Pls if you love your father land , desist from voting gej.[/quote] |
Don't vote at all God2man: |
INFRASTRUCTURE; ROADS 1. A total of 2000 kilometres of road were built or rehabilitated as at the end of 2013- the highest in a single year by any government government. 2. Apapa-Oshodi Expressway, Benin- Ore-Shagamu Highway and Enugu-PortHarcourt dual carriage are being reconstructed. 3. Kano-Maiduguri and Abuja-Lokoja are undergoing dualization. 4. Oweto Bridge across River Benue is being constructed. 5. Onitsha-Owerri and Vom-Manchok roads have been completed. 6. Onitsha-Enugu road and Lokoja-Benin road are being reconstructed and expanded. 7. Construction works also commenced on the Lagos-Ibadan Expressway Reconstruction and Expansion. 8. Second Niger Bridge project has been concessioned to Julius Berger/AIM Consortium. Early works have commenced. 9. Work is progressing on the reconstruction of Mokwa-Bide Road, Akure-Ilesha Road, Sokoto-Tambuwal-Jega Road, Enugu-Abakaliki Road, Ogoja-Ikom Road and Vandekiya-Obudu Road, among others. 10. Commencement of sustained preventive Road Maintenance programme alone all critical Federal Roads nationwide. 11. Recovery and sustained maintenance of over 60% of Federal Roads total length. 12. Increased good and safe motorable length of Federal Roads from about 52% (17,742km) to cover 83% (28,320 km). 13. Procurement and distribution of 38 state-of-the-art Bergkamp FP5 Mobile Pothole patchers for all-year round road repairs. 14. Installation and commencement of Asphaltic Concrete Production from two Major 80TPH FERMA Asphalt plants in 20212. 15. Introduction of the FERMA-SURE P Public works Programme, engaging and training over 6,000 Nigerian youths on road maintenance works thereby creating a social safety net and Road ownership attitude with abutting communities. 16. Quick intervention/communication call lines for Public-Government interaction on conditions of Federal Roads nationwide. 17. Commencement of full-scale production of Gold Asphaltic concrete mix for all year round intervention on road failures all over the country. 18. Systematic replacement of weak box culverts with short bridghes and reinstatement of vandalised bridge handrails along critical highways. 19. Provision of road support services to cover 90 locations for accident victims (first aid) and police intervention on flash points nationwide. 20. Commencement of the Nation Joint Programme of Action Against Road Abuses and Routine Surveillance to prolong Road pavement life span and protect Road assets nationwide. 21. Effective routine use of over 40 mini Asphalt plant for regular production and utilization of hot rolled Asphalt for proactive road maintenance works. 23. Ensuring sustained vegetation control along major Federal highways thus improving intervisibility, checking the heinous activities of hoodlums along highways and reducing the rate of accidents due to blind curves and overgrown weed. 24. Provision of street lighting along usually dark urban stretches of Federal highways and major bridges across the country. |
May God help you. Amen msmon: |
Construction works also commenced on the Lagos-Ibadan Expressway Reconstruction and Expansion. GEJ is the man we want... till 2019 |
MANUFACTURING 1. With the large domestic market, the policy is geared towards encouraging import substitution where Nigeria has a comparative advantage, and exports, where we can be competitive internationally. 2. Federal Government has developed the National Industrial Revolution Plan (NIRP) on the entire value chain of sub-sectors such agro-processing (e.g rice milling sugar procession, cassava for wheat flour and other products etc., consumers goods manufacturing, cement, textiles, and petrochemicals). 3. It has also developed the Sugar Master Plan (NSMS) to provide roadmap for 100% local production of sugar. 4. Nigeria is now a net exporter of cement. Nigeria has moved from producing 2 million metrictonnes of cement in 2012 to a capacity of 28.5 million metric tonnes today. 5. With no permit issued in 2012 for cement importation, savings of over N200 billion were made. 6. The Onne Oil and Gas free zone has been transformed with $6 billion invested leading to the attraction of 150 companies into the Zone with 30,000 jobs created to date. 7. Foreign investments in manufacturing have been on the rise e.g. Indorama's $1.2 billion fertilizer plant at Onne, Procter & Gamble's $250 million consumer goods plant in Ogun State, SAB Miller's $100 million brewery at Onitsha. 8. Nigeria has negotiated a strong common External Tarrif (CET) agreement with our ECOWAS partners which would enable us to protect our strategic industries where necessary. |
AGRICULTURE; 1. Four decades of corruption in fertilizer and seed distribution ended with direct access by farmers, thereby saving the government N25 billion in 2012 alone. 2. Over 250,000 farmers and youths in Northerns states now profitably engaged in farming. 3. First ever database of farmers has been developed with 6 million farmers registered and now being updated/monitored annually. 4. Nigeria is first African country to develop e-wallet for input delivery to farmers, eliminating sharp practices by middlemen. 5. Private sector seed and fertilizer companies now sell directly to farmers. Over N15 billion of fertilizers and N1.5 billion of seeds were sold directly via e-wallet system. 6. Dry season production through irrigation kick-started in 10 Northern states- Kebbi, Zamfara, Sokoto, Katsina, Kano, Jigawa, Gombe, Niger, Kogi and Bauchi- resulting in an output of 1.07 million metric tonnes. 7. Combined production of Dry Season and Main Season paddy now 1.76 million metric tonnes-unprecedented in Nigeria's history. 8. Government policies have led to the establishment of 13 new rice mills by private investors. 9. Nigeria is on the road to being self-sufficient in rice production. 10. Production has expanded for high quality cassava flour to substitute imported wheat in the baking industry. 11. There is further boost for non-oil export as China has ordered 3.2 million metric tonnes of dried cassava chips for ethanol production. 12. Nigeria's food import bill reduced from N1.1 trillion in 2011 to N648 billion in 2012, placing the country firmly on the path to food self-sufficiency. 13. Over 8 million metric tonnes of food were added to domestic supply in 2012, about 70% above projection. 14. The government recently launched a self-employment initiative under the Youth Employment in Agriculture Programme (YEAP) called the Nagropreneur programme. This scheme, designed to encourage youth to go into commercial agriculture as entrepreneurs, plan to develop over 750,000 young Nagropreneur by 2015. 15. The Federal Government launched Staple Crop Processing Zones to support investments in the entire agricultural value chain. At present, there are significant private investment commitments from agribusiness venture such as; Flour Mills of Nigeria, the Dangote Group, Syngenta, Indorama, AGCO, and Belsar Capital. 16. There was a decline in wheat imports to Nigeria from an all-time high of 4,051,000 MT in 2010 to 3,700,000 MT in 2012. 17. President Jonathan has launched the Dry Season Farm Support programme to encourage dry season farming with N14bn, representing an increase of 56% over the 2013 season. Over 600,000 farmers registered, representing an increase of 125% over 2013. 18. A 65-year-old US-trained Nigerian engineer, Suleiman Famro, has developed the 'Farmking', a locally made 4-in-1 multipurpose farm mechaniser. 19. The Bank of Industry has signed an agreement with six tractor companies for the local production of tractors and fittings to boost the agricultural revolution. 20. Silo capacity has been increased over 30% since the reforms in agriculture started. |
WATER RESOURCES 1. Seven water supply projects have been completed, providing about 4.3 million Nigerians access to potable water. 2. Over 4,000 jobs were created in the process. 3. As at 2012, 65.29% of the population had access to safe water, compared to 60% in 2011. 4. Nine dams have been completed in Akwa Ibom, Katsina, Enugu and Ondo States to increase volume of nation's water reservoir by 422mcm. 5. Size of irrigated area has more than doubled from 90,000 hectares in 2010 to 175,000 hectares in 2012 and increased production of over 400,000 metric tonnes of irrigated food products. 6. 375,000 farmers had access to irrigated land in 2012, up from 236,000 in 2011. 7. Progress has been made on major projects such as the South Chad Irrigation Project, the Bakolori Irrigation Project and the Galma Dam. HOUSING 1. Over 61,000 housing units have been built in six geographical zones to provide affordable and quality houses. 2. The Nigerian Mortgage Refinancing Company (NMRC), a PPP arrangement, has been set up to enable up to 200,000 affordable mortgages within five years. 3. World Bank has agreed to support Federal Government with investment of up to $300 million zero-interst, 40-year loan, 10 years grace and 0.7% commitment charge to lower costs, particularly lending rates. |
INFRASTRUCTURE; ROADS 1. A total of 2000 kilometres of road were built or rehabilitated as at the end of 2013- the highest in a single year by any government government. 2. Apapa-Oshodi Expressway, Benin- Ore-Shagamu Highway and Enugu-PortHarcourt dual carriage are being reconstructed. 3. Kano-Maiduguri and Abuja-Lokoja are undergoing dualization. 4. Oweto Bridge across River Benue is being constructed. 5. Onitsha-Owerri and Vom-Manchok roads have been completed. 6. Onitsha-Enugu road and Lokoja-Benin road are being reconstructed and expanded. 7. Construction works also commenced on the Lagos-Ibadan Expressway Reconstruction and Expansion. 8. Second Niger Bridge project has been concessioned to Julius Berger/AIM Consortium. Early works have commenced. 9. Work is progressing on the reconstruction of Mokwa-Bide Road, Akure-Ilesha Road, Sokoto-Tambuwal-Jega Road, Enugu-Abakaliki Road, Ogoja-Ikom Road and Vandekiya-Obudu Road, among others. 10. Commencement of sustained preventive Road Maintenance programme alone all critical Federal Roads nationwide. 11. Recovery and sustained maintenance of over 60% of Federal Roads total length. 12. Increased good and safe motorable length of Federal Roads from about 52% (17,742km) to cover 83% (28,320 km). 13. Procurement and distribution of 38 state-of-the-art Bergkamp FP5 Mobile Pothole patchers for all-year round road repairs. 14. Installation and commencement of Asphaltic Concrete Production from two Major 80TPH FERMA Asphalt plants in 20212. 15. Introduction of the FERMA-SURE P Public works Programme, engaging and training over 6,000 Nigerian youths on road maintenance works thereby creating a social safety net and Road ownership attitude with abutting communities. 16. Quick intervention/communication call lines for Public-Government interaction on conditions of Federal Roads nationwide. 17. Commencement of full-scale production of Gold Asphaltic concrete mix for all year round intervention on road failures all over the country. 18. Systematic replacement of weak box culverts with short bridghes and reinstatement of vandalised bridge handrails along critical highways. 19. Provision of road support services to cover 90 locations for accident victims (first aid) and police intervention on flash points nationwide. 20. Commencement of the Nation Joint Programme of Action Against Road Abuses and Routine Surveillance to prolong Road pavement life span and protect Road assets nationwide. 21. Effective routine use of over 40 mini Asphalt plant for regular production and utilization of hot rolled Asphalt for proactive road maintenance works. 23. Ensuring sustained vegetation control along major Federal highways thus improving intervisibility, checking the heinous activities of hoodlums along highways and reducing the rate of accidents due to blind curves and overgrown weed. 24. Provision of street lighting along usually dark urban stretches of Federal highways and major bridges across the country. |
INFRASTRUCTURE; POWER 1. President Jonathan launched the Nigerian Power Sector Reform Roadmap in 2010 to address the power supply deficit. 2. Unbundled PHCN Companies (11 distribution and 6 generation companies) have been successfully privatised and handed over to new owners. 3. The Nigeria Bulk Electricity Trader (NBET) has been established to drive private sector investment into the industry by executing bankable power purchase agreements with power developers. 4. The transmission of power has been concessioned to upgrade and expand the national grid network. 5. Averaged hours of power availability in 10 major cities has increased from a low of less than nine hours in 2011 to around 15 hours today. 6. Licensing has been done to facilitate privatisation of 34 IPPs. 7. Federal Government has entered into an MoU with worldwide leaders in the power sector, General Electric, to invest up to 15% equity in power projects in the country summing up to 10,000mw capacity by the year 2020. 8. GE also proposes to establish local packaging facility for small aero-derivative turbines in Nigeria. 9. An MOU with similar commitment has also been signed with Siemens, Germany. Siemens proposes to increase thermal generating capacity of up to 10,000mw by investing equity of 15% per Independent Power Project. 10. Siemens will also establish an in-country service workshop as well as fund the study of an integration of renewable energy sources to conventional source. 11. The Federal Government has signed an MOU with Daewoo E&C of Korea to invest up to 20% equity per project summing up to 10,000mw. 12. Electrobras of Brazil also signed an MOU with the Federal Government to invest in both thermal and hydro generating sources as well as in the transmission network of Nigeria. 13. The Ex-Im Bank of the United States of America signed an MOU with the Federal Government to provide an investment Window of up to $1.5billion for investors willing to invest in the Nigerian Power sector. This is the first time such an amount will be made available by the US Exim Bank for a specific sector in Africa. 14. The PowerWaterr Construction Corporation (PCC) of China has signed an MOU with the Federal Government to invest in the construction of 20,000mw gas power and 10,000km transmission line. 15. New units at the thermal power stations have been completed to increase existing generation capacity. This was done in the following locations: Olorunsogo in Ogun State, 563 MW; Sapele in Delta State, 225MW; and Omotosho in Ondo State, 112.5MW. 16. Xian Electric Engineering Co. Ltd has signed an MoU for the financing and turnkey delivery of Nigerian Transmission Upgrading Project to the tune of $1 billion. 17. Expansion of gas supply and infrastructure. 18. New procurement for power from IPPS (greenfield). 19. Commencement of the development of 2 X 1000mw coal-fired power plants at Enugu, Gombe, Kogi and axis; and 27 small/medium hydropower projects. 20. Ground breaking ceremony for the 700MW Zungeru Hydro Plant in Niger State. 21. Kick-off of the Access to Power Initiative (Operation Electrify Nigeria) of the Federal Ministry of Power. 22. Lifeline tariff of N4/kwh for those consuming below 50 kwh/month. 23. Ongoing negotiation on Mambila Hydroelectric Power Project award to produce 3050MW of electricity. 24. The Technical Monitoring Committee has been constituted by Federal Ministry of Finance to coordinate African Development Bank's support loan of $185.2 million to the power sector. 25. Two private sector-led, federal government-backed solar plants of 1000mw each under construction in Yobe and Kano States. |
Story... |
Yes! @Jaytee thanks for your question. |
INFRASTRUCTURE; AVIATION 1. For the first time ever, Nigeria has an Aviation Master Plan and Road Map. 2. There has been a robust revision of the Civil Aviation National Policy for the first time in over 12 years. 3. For the first time in over three decades, all 22 federally-owned airports across the country are being remodelled, resulting in improved passenger experience. 4. For the first time also, five modern international passenger terminals are being constructed simultaneously in Lagos, Abuja, PortHarcourt, Kano and Enugu. 5. Obsolete power infrastructure is being replaced/upgraded across major airports in the country. 6. Fire-fighting infrastructure now state-of-the-art across the airports. 7. Installation of cutting-edge navigational aids and Instruments Landing Systems (ILS), including runways lights and Total Radar Coverage (TRACON), to enhance air safety. 8. Installation of modern, state-of-the-art Communication and Surveillance infrastructure, making communication between Air Traffic Controllers (ATCs) and Pilots much more seamless. 9. State-of-the-art Meteorological infrastructure (Doppler Weather Radars, Low-Level Wind Shear Alerts System- LLWSAS) to enhance accurate, timely weather observation, forecasting and reporting. 10. Security infrastructure is also being replaced/upgraded to cope with emerging security challenges. 11. Installation of an Accident Investigation and Analysis Laboratory in Nigeria. It is one of the only four in Africa and the only one in the West Africa sub-region. 12. Designation of six Hajj and six Christian pilgrim terminals. 13. Upgrade of NCAT's training capabilities, expanding beneficial relationships that support training and human capital development in the aviation sector. 14. Restructuring of Parastatals to deliver best performance and services. 15. Restructuring of the Nigerian Civil Aviation Authority (NCAA) to expand and promote safety oversight, surveillance and human capital development in the industry. 16. Development of comprehensive economic and consumer protection regulations including a statement of Passenger Rights. 17. Streaming of General Aviation (GA) to eliminate unauthorised commercial operations, promote scheduled airlines' profitability and safety. 18. Elimination of unfavourable concession and Lease Agreements that were inconsistent with the public interest, industry growth and advancement. 19. Promotion of private sector and international investors' participation in Nigerian Aviation sector. 20. Deployment of modern technology and digitisation of records and processes. 21. Creation of cutting-edge revenue collection solutions which eliminate corruption, increase revenue and promotes transparency and efficiency. 22. Stringent regime of enforcement, reward for complete compliance and denial of privileges for violation. 23. More friendly operating environment for domestic carriers. 24. New leasing company for Aircraft. 25. Six airports, namely Jos, Markudi, Yola, Jalingo, Lagos and Ilorin, which are strategically located in proximity to food baskets have been designated as perishable cargo airports and international standards perishable cargo facilities are being developed at these airports. A new Cargo Development Division has been established in FAAN to give focus to this effort. |
INFRASTRUCTURE; WATERWAYS 1. The Inland Waterways provide alternative means of transporting goods, agricultural produce and services at relatively low rates. 2. Dredging of Lower River Niger from Baro (Niger State) to warri (Delta State) has allowed all year navigation. 3. Onitsha Port has been completed, while Baro Port, Lokoja Port and Oguta Port are under construction. 4. Volume of cargo transported in the inland waterways has doubled in the last two years. 5. Number of passengers travelling by water was 1.3 million in 2012, compared to a mere 250,000 the previous year. 6. Contracts are on course for the dredging of the Lower River Benue and Markudi River Ports. 7. To ease congestion at the ports, government has approved the establishment of six Inland Container Depots. |
INFRASTRUCTURE: PORTS 1. Ports operating 24 hours for the first time since 1970. 2. Clearing time has reduced from 39 days to 7 days for trouble-free cargo. 3. The number of agencies at the ports has been reduced from 13 to 7, streamlining bureaucratic and financial requirements for clearance and decongestion. INFRASTRUCTURE: RAIL 1. Rail lines that had been moribund for 15 years have either undergone or are still undergoing rehabilitation and modernisation; Lagos-Kano, PortHarcourt-Maiduguri, Abuja-Kaduna and Itakpe-Ajaokuta-Warri. 2. Passengers carried by rail were 4.2 million in 2012, compared to 1 million three years earlier. 3. Rehabilitation of the Lagos-Ibadan-Oshogbo-Ilorin-Minna-Kaduna-Zaria-Kano Narrow Gauge Rail Line has been completed. 4. Container cargo freight services from Apapa Port Complex have commenced. 5. Rehabilitation of the Port Harcourt-Aba-Umuahia-Enugu-Makurdi-Lafia-Kuru-Bauchi-Gombe-Ashaka-Maiduguri with branch lines at Kuru to Jos and Kafanchan-Kaduna Narrow Guage Rail line is at various stages of completion. 6. 25 new locomotives have been supplied by General Electric, while over 200 coaches and wagons have been refurbished. 7. General Electric has committed to developing a locomotive assembly facility in Nigeria to handled 200 locomotives in the next 10 years. |
OIL AND GAS 1. There has been stable supply of petroleum products as well as efficient administration of the subsidy programme at reduced costs. 2. Mobilisation has begun for a new free trade zone in Ogidigben, Delta State, with world class petrochemical and fertilizer plants to be built, creating over five million jobs across the value chain. 3. Gas flaring has been reduced from 24% to 18% between 2011 and 2012 as a result of the encouragement of accelerated gas development projects. 4. The diligent implementation of the amnesty programme in the Nigeria Delta has helped to increase oil production from pre-amnesty level of 700,000 bpd to the current 2,500,000 bpd. 5. Nigeria will soon become a major player in the international gas market through the implementation of the Nigerian Gas Master Plan. 6. Compressed Natural Gas (CNG) programme is in full progress with 2000 cars already converted in Benin. 7. Domestic gas supply to support the power sector has increased by 72% as part of the emergency gas supply programme. 8. Government's effort at encouraging indigenous participation in the oil and gas industry has produced an oil terminalling facility (Ebok Terminal) established by an indigenous company, with a current daily crude oil production of 7,000 barrel per day and a plateau production of 50,000 bpd at full capacity. 9. Nigerians now own crude oil transportation tankers, flying Nigerian flags. Nigerian owned marine vessels have increased from 54 to 388, creating employment for over 30,000 Nigerians. 10. Onne Oil & Gas free trade zone has created 30,000 jobs directly and indirectly. 11. The 136km gas pipeline from Oben to Geregu has been completed. 12. The 31km Itoki to Olorunsogo gas pipeline has also been completed. |
INSURANCE 1. Through the introduction of micro-insurance, compliance with compulsory insurance, more Nigerians are now aware of insurance policies. 2. Number of policy holders has also increased from 7,000,000 in 2010 to 1.5million in 2012. 3. Claims paid increased from N37 billion in 2010 to N52 billion in 2012. |
FINANCIAL MARKETS 1. The banking sector has been well managed and cleaned up in the aftermath of the financial markets crisis of 2008/2009. 2. All 24 Nigerians banks are now fully stable and adequately capitalised. 3. Non-Performing Loans have fallen to about 5%. 4. The capital market also recovered significantly after a series of policy interventions 5. Stock market capitalisation (value of listed companies) has increased to N13.23 trillion. 6. Non-interest banking has been introduced to offer more options to Nigerian in their quest for services as well as accommodate cultural and religious differences in the credit system. |
CREDIT RATING Nigeria's Credit Ratings have improved because of the strong economic indices, thereby opening up international opportunities for Nigerian financial institutions and other companies. |
NON-OIL EXPORTS 1. Imports of textiles, plastic & rubber, paper & paper-making material have dropped. 2. Exports of plastic & rubber, vegetable products, prepared foodstuff and beverages are on the increase. 3. Non-oil exports have increased to 31%, up from 8% five years ago. |
JOB CREATION 1. Community Service Scheme (SURE-P) * To engage 320,000 youths in labour intensive work such as construction and rehabilitation of social and economic infrastructure. * About 120,000 employed so far 2. Graduate Internship Scheme (SURE-P) * The Scheme aims to attach 50,000 graduates to competent firms to enhance skills development towards employability. * 4,000 graduates have been matched so far. 3. YOUWIN! * The Business Plan Competition has successfully run two of its three cycles and is now in its third cycle. * 24000 winners have been selected and 26,000 jobs have been directly created in different sectors of the economy. ( least 80,000 jobs are expected by 2015. |
ECONOMIC MANAGEMENT:- 1. At 7% GDP Growth, Nigeria's economy is one of the fastest growing in the world. 2. The UN Conference on Trade and Development has named Nigeria as the No. 1 destination for investments in Africa, attracting over $7bn in Foreign Direct Investment (FDI). 3. In 2013, 1.6 million jobs were created directly and indirectly as a result as a result of Federal Government initiatives. 4. Exchange Rate has stabilised between N155 and N160 in the last three years. 5. Inflation Rate now 8% (December 2013), down from 12.4% in 2011. It is projected to be at single digit for another year. 6. External Reserves have reached $42.9billion, one of Nigeria's highest ever. 7. The Sovereign Wealth Fund has been established with three components; Stability Fund, infrastructure Fund and Future Generation Fund. This will help protect the economy against future shocks and provide for future generations of Nigerians. 8. Nigeria's $1 billion Eurobond was oversubsribed- a sign of confidence in the country's economy. 9. Nigeria's budget deficit of 1.85% to GDP is one of the lowest in the world. 10. Recurrent Expenditure, a major budgetary headache for decades, is now on the downward trend. 11. The introduction of the Government Integrated Financial Management and Information system (GIFMIS) has improved the acquisition, allocation, utilisation and conservation of public financial resources, using automated and integrated, effective, efficient and economic information systems. 12. Personnel costs are being reduced through the Integrated Payroll and Personnel Information system(IPPIS). Over N139.6 billion has been saved and 46,821 ghost workers identified through IPPIS. 13. With the Treasury Single Account (TSA) structure of government bank accounts, there is now a consolidated view of the cash position; 93 MDAs are currently on TSA and over government has gone from an overdraft of N102 billion in 2011 to an average credit balance of N86 billion in 2013. |
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