President Buhari's unparalleled record of infrastructural provision, comprising several new international airports, multiple standard-gauge railway lines, new seaport development, dozens of new dams, power stations, oil and gas infrastructure, expressways and mega-bridges, in addition to establishing Nigeria's first ever national social investment and protection programme, amongst many other feats.

BUHARICONOMICS
Under his administration Federal Inland Revenue Service (FIRS) raked in N12.37trn as revenue in 2023,, highest in agency’s history.
𝐁𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧
1. Oil sector: N3.17trn (25.6%)
2. Non-oil sector: N9.2trn (74.4%)

Below are the reports of how different sectors faired under his administration;

EDUCATION

UNIVERSITIES:
1. Nigerian Army University Biu, Borno.
2. University of Transportation, Daura
3. Federal Maritime University, Delta
Airforce University, Tafawa Balewa, Bauchi.
4. The University of Agriculture Zuru,
5. Aerospace University, FCT
6. Airforce University, Tafawa Balewa,
7. Federal University of Nutrition, Azare,
8. Federal University of Technology, Babura.
9. Federal University of Health Technology, Otukpo
10. Federal University of Technology, Ikot Abasi e.t.c

FCE:
Federal College of Edu Odugbo,
Federal College of Edu Isu,
Federal College of Edu Ekiadolor, Federal College of Edu Gidan Madi, Federal College of Edu Jama’are, Federal College of Edu Iwo,

Polytechnics:
Federal Polytechnic Shendam, Federal Polytechnic Ohodo,
Federal Polytechnic Ugep,
Federal Polytechnic Daura, Katsina state.
Federal Polytechnic Kaltungo, Gombe state
Federal Polytechnic Wannune, Benue state
Federal Polytechnic Monguno, Borno state
Federal Polytechnic Shendam,Plateau state
Federal Polytechnic Ayede, Oyo state.
Federal Polytechnic Ugep, Cross River state.
Federal Polytechnic Orogun, Delta State


Technical Colleges:
Federal Sci & Tech College Ogugu, Federal Sci & Tech College Hadeija, Federal Sci & Tech College Umuaka, Federal Sci & Tech College Igangan, Federal Sci & Tech College Ganduje, Federal Sci & Tech College Amuzu.
Federal Sci & Tech College Bauchi,
Federal Sci & Tech CollegePlateau,
Federal Sci & Tech College Sokoto,
Federal Sci & Tech College Enugu
Federal Sci & Tech College
C/River.


OTHER EDUCATION/TRAINING INSTITUTES
1. Nigerian Institute
of Transport Technology, Kano (completed)
2. New Science Complex at Gombe state University (funded by CBN)
3. World-Class Library at ABU, Zaria
4. World-Class Library at KWAPOLY, Ilorin
5. Ahmadu Bello University Business Scool, Zaria

HEALTH:
Airforce Reference Hospital, Daura
2. Naval Reference Hospital, Calabar
3. Nigerian Army Reference Hospital, Maiduguri
(ongoing)
4. NAF Base Stand Hospital Bauchi
5. Women & Children Hospital, Daura
6. Cancer Treatment Center, Abuja
7. Cancer Treatment Center, Lagos
8. Diagnostic Centers, KANO
9. Diagnostic Centers at the Federal Medical Centre, Umuahia.
9. Modern Medical Diagnostic Centre at theAhmadu Bello University Teaching Hospital (ABUTH)
In Edo State alone the following projects are built under Buhari's Administration:
1. National Orthopaedic Hospital Benin City (also approved for Jos & Jalingo)
2. National Fistula Hospital Benin City.
3. National Centre of Excellence for Sickle Cell Disease at University of Benin Teaching Hospital.
4. New Intensive care units, Oxygen plants, molecular Labs at University of Benin Teaching Hospital and Irrua Teaching Hospital.


Northeast Development Commission,


Power Generation plants:
✓Maiduguri 50MW emergency ✓Power project by NNPC,
✓Gurara Hydropower Project, ✓30MW, Kaduna State,
✓Kashimbila Hydropower Project, 40MW,
✓Dadin-Kowa Hydropower Project, 40MW, Gombe,
✓Independent Power Supply to Ariaria Market, Aba, Abia State,
✓Independent Power Supply to Sabon Gari Market, Kano State,
✓Independent Power Plant Sura Shopping Complex, Lagos,


NORTHERN OIL EXPLORATION
✓Nasarawa oil exploration
✓Bauchi oil exploration

Dams:
Kashimbila Multipurpose Dam, Multipurpose Dam Ogwashi-Uku Multipurpose Dam Adada Multipurpose Dam Sulma Multipurpose Dam Gimi Multipurpose Dam Amla-Otukpo Multipurpose Dam Amauzari Multipurpose Dam Ibiono-Ibom Multipurpose Dam Gadau/Lafia Multipurpose Dam Alajue Multipurpose Dam Kampe Omi Multipurpose Dam Kargo

Airports:
New Terminal int Airport Lagos,
New Terminal int Airport Abuja,
New Terminal int Kano
New Terminal int Port Harcourt
New Runway int Airport Abuja
New Runway int Airport Enugu
New Runway int Airport Lagos,
New Runway int Airport Kano,
New Runway int Airport Abuja


RAILWAYS, ROADS, BRIDGE & PORTS INFRASTRUCTURE:

RAILWAYS:
✓284km-Dutse-Kano-Danbatta-kazaure-Daura-KatsinKano-Maradi Rail
✓156km Lagos-Ibadan Rail
✓8.72km extent Lagos-Ibadan Rail
✓186km Abuja-Kaduna Rail Line, ✓327km Itakpe-Warri Rail
✓Kaduna-Kano Rail Line
✓Construction of a Railway Ancillary Facilities Yard, also in Agbor.
✓Construction of Train cargo assembly plant at Ogun State.
✓Completion of the E-Ticketing concession process on the Abuja-Kaduna Route in 2021,

OTHER INFRASTRUCTURE PROJECTS
1. Baro Inland Water Port
2. Ibadan Dry Port
3. Kaduna Dry Port
4. Lekki Deep Sea Port
5. Ajaokuta-Kaduna Kano (AKK) Gas Pipeline (600+km, ongoing)
6. Siemens and world Bank Power projects which have hundreds transformers being installed across the Nation for the rehabilitation, expansion and upgrading of transmission infrastructure
7. Escravos-Lagos pipeline project phase 2(36’x342km)
8. NPA-revived Eastern ports in Cross River, Rivers and Delta states
9. 15 Fertilizer Plants revived
10. Buhari Quarters (Housing Estates in every state except Lagos and Rivers states).
11. Second Niger Bridge
12. Bonny-Bodo Bridge, Rivers state
13. Loko-Oweto Bridge, Benue
14. Ibbi Bridge, Taraba state
15. Enugu-Calabar-Cameroon Highway
16. Lagos-Ibadan express way
17. Completion of NDDC headquarters after 21 years
18. Building of NCDMB skyscraper headquarters, Yenagoa
19. Building of independent power plants in Aba, Lagos Island elsewhere to provide 24/7electricity to thousands of shops.


OIL AND GAS
Tam David-West once said that PMB had one of the most-resourced oil and gas libraries he’s ever seen. It’s easy to describe that sector as one of his primary passions.

When you look at his 2015-23 legacies in that area it becomes clear, he:
—Kickstarted the $10b NLNG Train 7
—Began construction of more than $2b AKK Gas Pipeline
—Broke jink of PIA; assented to DoA
—Broke Jinx of Refinery Revamp (PH first phase)
—Started Nigeria’s Modular Refinery Revolution
—The Partnership with Morocco, to kickstart the Nigeria-Morocco Gas Pipeline, and a $1.4b multipurpose industrial platform in Akwa Ibom)
--$700m Obiafu/Obrikom/Oben (OB3) 127km gas pipeline,the OB3 is a vital piece of gas pipeline infrastructure for the supply of 2BCF (two billion standard cubic feet) per day feedstock to the AKK pipeline. This pipeline is among the biggest gas transmission systems in Nigeria which is completed March, 2024.

REFINERIES:
We rolled out our administration’s Refinery Roadmap in 2018, with the ultimate goal of making Nigeria a net exporter of petroleum products. The Roadmap has four key elements, namely, Rehabiliation of existing refineries, Greenfield Refineries, Co-location & Modular Refining.

https://twitter.com/MBuhari/status/1331234260162932737?s=1

Between 2015-2023 Modular Refining Development program of Buhari lead to the emergence of 4 modular refineries built in Nigeria:
👉Niger Delta Petroleum Resources modular refinery, Rivers state
👉OPAC modular Refinery, Delta state
👉WalterSmith Refinery Limited, Imo state
👉Edo Refinery and Petrochemical Ltd.
Dangote Refinery & BUA refineries in Akwa Ibom are born out of his administration's commitment to local content. This is coming when PHC & Warri refineries are being rehabilitated & Kaduna refinery was followed later.

PENSION/GRATUITY
When he came in several civil servants pension funds were looted , Pension of some privatized Govt agencies under Obasanjo weren't paid. He ensured;
✓ Pension Arrears payment to civil servants
✓Bailout to 27 States struggling to pay pension and contractors
✓Ex-Biafra soldiers & Policemen entitlements paid
✓Retired Police pensions paid
✓Nigeria Airways Retirees pensions settled
✓NITEL/Mtel Staff Pensions cleared
✓Delta Steel company workers' benefits were paid

SOCIAL INVESTMENT
1. N-Power for 1.5m graduates were paid ₦15b each month for the period of 5yrs.
2. School Feeding Programme for Pry 1-3 pupilsin public schools
3. TraderMoni
4. FarmerMoni
5. Modified Home-Grown Feeding programme
6. Extended Special Public Works Programme, 1000 persons from every LGA (774,000 people)
7. Survival Fund for artisans, firms and petty traders.
8. Conditional Cash transfer to millions of poorest of the poor.
9. NYEF
10. NIRSAL
11. Anchor Borrowers

FG's Survival Fund, the National Youth Investment Fund, and National Special Public Works Program (774,000 beneficiaries across 774 LGAs nationwide), and the Central Bank’s COVID-19 N300 billion Targeted Credit Facility (TCF) to support millions of small businesses, households, and young people, with federal grants, loans, and stipends. This Survival Fund has provided grants (Payroll Support, Artisan and Transport Sector grants, and General MSME grants) to more than 1.2 million beneficiaries, since the last quarter of 2020. It has also provided free business registration to 250,000 MSMEs across the country.


AGRICULTURE
His commitment in agriculture led to the proliferation of the following successes;
1. WACOT (Largest Rice Mill in Africa), Kebbi state
2. OLAM (largest Feed Mill in Africa), Kaduna state
3. Starlink (Largest exporters of cashew and cocoa)
4. SUNTI (Largest Sugar Company in Africa), Niger state
5. 200,000 Capacity Yam Storage Facility, Benue state
6. Shea-butter Production and the Fashion Industry)Oyo state
7. Nigeria used to depend on rice import but when he came in Nigeria produces more than 93% of the rice it consumes.


PUBLIC PRIVATE PARTNERSHIP
1. The $25 billion Lekki Free Trade Zone
2. The $19 billion Dangote refinery with NNPC having 20% share.
3. The $10 billion Escravos gas-to-liquids project
4. The $10 billion train 7 of the NLNG
5. The $3.2 billion Indorama fertiliser plants

Raw material exports grew 154.2% in the same period; solid minerals grew 565% and exports of manufactured goods 26.8%.

The Economic Recovery and Growth Plan (ERGP), the Federal Government’s medium-term Economic Plan, launched by President Buhari in April 2017, successfully ushered in a macroeconomic environment and helped the country to achieve food security.


MILITARY OPERATIONS:
He eliminated Shekau
He eliminated NigerDelta Avengers
He retired Nnamdi Kanu
He retired Sunday Igboho,
Operation Hadin Kai (North East)
Operation Lake Sanity (North East)
Operation Desert Sanity (North East)
Operation Hadarin Daji (North West)
Operation Safe Haven (North/Cen)
Operation Whirl Stroke (North/Cen)
Operation Delta Safe (South-South)
Operation Dakatar Da Barawo

FEDERAL HIGHWAYS ROADS
Second Niger Bridge,
Bony Bridge and Road, Rivers
Lagos- Sagamu- Ibadan Expressways
- Kano-Maiduguri Expressway
- Abuja-Kaduna-Kano Expressway
- Apapa-Oshodi-Oworonshoki Road.

HOUSING
His administration has completed housing projects in 34 States of Nigeria, under the National Housing Programme, with the support of the State Governors who provided the land. So far more than 5,000 houses are at various stages of completion

MILITARY
Under Buhari, NAF acquired THIRTY-EIGHT (38) new aircraft:
✓10 x Super Mushshak
✓5 x Mi-35M Helicopters
✓2 x Bell 412 Helicopters
✓4 x Agusta 109 Helicopters
✓2 x Mi-171E Helicopters
✓12 x A-29 Super Tucano
✓3 x JF-17 Thunder
Procured many
✓Infantry vehicles
✓Self propelled Howitzers
✓ARRV and mine sweepers
✓SH2 & SH5 Artillery platforms ✓VT-4 main battle tanks
✓Armoured fighting vehicles ✓MRAPs
✓ST Light tanks and mountain climber bikes, among billion dollars annual budget for arms and operations going on across the Nation due to persistent insecurity.

PMB PROJECTS IN KANO
Complete Project/Going Projects currently in Kano State by President Muhammadu Buhari Administration!

1. Kano-Kaduna Railway Project
2. Kano-Katsina-Maradi Railway Line
3. AKK Gas Pipeline, Ajeakouta-Kaduna-Kano
4. Kano-Katsina Road
5. Kano-Jigawa-Maiduguri Road
6. Kano Ring Road Continution
7. Kano-Kaduna-Abuja Road
8. Kano State, International Standard Prison, Janguza
9. Renovation of Aminu Kano International Airport
10. Kano State, Village Solar Plant
11. Kano State, Western by pass Ring road
12. Gwarzo-Dayi Road, Kano
13. Dala Inland Dry Port.
14. 10,000 Solar Panel Plant at Bayero University, Kano
15. Family home Darmanawa
16. National transport institution Dawakin Kudu.
17. Nigerian Navy School Dawakin Tofa.
18. Federal polytechnic college Kabo.
19. Kano, Renovation of IDH Hospital, Nassarawa Hospital, Murtala Hospital, Urology Hospital through SDGs
20. Solar Panel @ sabon gari market Kano.
21. 15,000 Hectares Agricultural Modernization in Kadawa which includes Kura, Madobi and Garun Malam Local Government Areas of Kano State.
22. 30,000 Solar Panel @ Rimin Zakara, Bichi and Wudil, Kano.
23. Federal Fire Service @ Filin Mahaha, Sharada, Kano Municipal.
24. Data Center @ Kano State Library.
25. Science and Technical Secondary School, Ganduje Village, Dawakin Tofa.


How most loans were spent under Buhari administration:
1. AKK-Pipeline, transporting gas from Delta state to Kano will be completed December, 2024 at cost $2.1b and will help revive moribund industries with estimated capacity to supply 13000MW along Abuja, Ajaokuta, Kaduna and Kano axis and across the country.
2. Abuja-Kaduna Rail line cost $973m and from recent report there is N500m revenue monthly from the e-ticketing only in that axis. So far we paid back more than $260m as far as 2021 report for this project.
3. Lagos-Ibadan railway cost $1.6b and will soon have e-ticketing deployed but still fetches N5b revenue annually by average
4. Warri-Itakp rail cost $3.9b and right now brings N6b annually in revenue before e-ticketing which will defined triple the income
5. NLG Train 7 Gas cost $7b and is expected to bring billion dollars profits in oil and gas sector
6. Recently 700MW Hydro power plants is completed and cost $1.2b
7. Buhari procured 38 brand fighter jets including 12 A29 Super Tucano which cost more than $600m in 8yrs, before his administration he had only 24 fighter jets throughout our history.
8. He procured more than 200 warships and patrol boats for Navy
9. 2nd Niger bridge cost more than N406.2b
Under Buhari FG in 8yrs is built around 9000km roads across the Nation which mostly is SUKUK funded.

Just Written post.

No evidence of completion of any of this project.

Why not include how he sent Nigeria astronauts to Mars and Pluto

Nor be the same buharu we know? Abi dem get another one?

CBN WAYS AND MEANS AND OTHER BORROWINGS UNDER BUHARI
"Ways and Means loan that FG borrowed from CBN under last administration".
Ways & Means is a CBN short term loan to FG to meet obligations during revenue shortfalls! COVID-19 pandemic, low oil prices and dip in oil production to as low as around 900k barrel per day out of the 2m barrel per day as per OPEC quota to Nigeria and Russia-Ukraine war which led to lockdown of businesses across the world and forced many businesses at standstill as black sea is the major route of world water navigation between continents which forced FG to rely heavily on the "Ways and Means loans from CBN" to finance its budget deficits to keep the country working for the people.

There are some allegations of misconduct by CBN while giving the loans to FG.

FG had to borrow from CBN to sustain economic activities and the monies received by the FG were actually used for funding of critical projects across the country, some parts of the money was given as loans or grant to states, companies and individuals.

Due to the serious shortfall in Government Revenue, the FG in order for the economy not to collapse, was compelled to borrow repeatedly from the CBN, exceeding the 5% threshold of the prior year’s revenue as stipulated by the CBN Act, 2007.”
Ways and Means balance was initially ₦19,326,745,239,660.20 as of 30th June, 2022 but later grew to ₦22,719,704,774,306.90 as of 19th December 2022 as a result of financial obligations to ongoing capital projects and additional expenditures which includes domestic debt service gaps and interest rate.

Buhari got Senate’s nod before restructuring ₦22.7trn CBN loans. See the link:
https://businessday.ng/news/article/buhari-gets-senates-nod-to-restructure-n22-7trn-cbn-loans/

As the COVID-19 pandemic continues to wreak havoc globally, central banks have opted to print money to finance government spendings — in a policy known as “helicopter money".

On March 17, 2020, the Nigerian Government inaugurated the Presidential Task Force (PTF) on COVID-19 to coordinate the country's multisectoral intergovernmental response. The PTF developed the National COVID-19 Multisectoral Pandemic Response Plan as the blueprint for implementing the response plans.
Some of the beneficiaries of the money printing and other borrowings from CBN to save the economy under the last administration include:
1. Commerical Banks
2. Farmers through NIRSAL Anchor borrowers program
3. Youth Empowerment Fund, YEF
4. Manufacturing sector through BOI
5. Suspension of electricity bill to some extent which affected DisCos and Gencos and Govt had to support NESI to continue operation during the period of the pandemic
6. State Govts got trillions of Naira grant support and loans
Not less than 31 state governments in Nigeria borrowed ₦457.17 billion to pay salaries to their respective civil servants. This borrowing was facilitated through the Salary Bailout Facility (SBF), an intervention by the Central Bank of Nigeria (CBN).
https://nairametrics.com/2024/03/24/top-10-states-that-borrowed-from-the-cbn-to-pay-salaries-in-nigeria/
7. Critical infrastructure projects with huge deficits where financed by the same ways and means and other borrowings
8. COVID-19 Stimulus program in which all registered private schools, companies among others sent the names and information of their staffs where they were paid N30k for 3 consecutive months to cushion the effects of their companies inability to pay their salaries due to the effects of COVID-19 lockdown
9. FG spent billions of Naira building thousands of COVID-19 emergency centres across the 36 states
10. FG spent billions of Naira building advanced health facilities across 6 geopolitical zones.
11. FG gave palliatives worth billions to cushion the lockdown effects.
12. FG fly back thousands of Nigerians from other places in the events of the pandemic.
13. COVID-19 Rapid Response Facility (CRF); Federal Republic of Nigeria set aside in the amount of USD $288.5m (more than ₦400b) resources under the COVID-19 Rapid Response Facility (CRF) to finance the COVID-19 Response Support Program (C19 RSP), designed as a Crisis Response Budget Support (CRBS) Operation. The program results from a request of the Federal Government of Nigeria.
14. The COVID-19 health response teams, committees set up across the Nation, feeding of patients among many other cost billions of Naira among many programs all in an effort not to allow the economy to collapse.
15. The Central Bank of Nigeria has set out a number of measures to tackle the impact of the coronavirus, including establishing a fund to support the country's economy (of 50 billion naira; i.e. EUR 121 million), targeted at households and micro and small enterprises. The interest rate has also been cut, a moratorium has been announced on principal repayments for CBN intervention facilities and tax measures are being taken.
16. Monetary Policy measures
On 16 March, the Central Bank of Nigeria announced new measures:
A 1 year extension of a moratorium on principal repayments for CBN intervention facilities;
The reduction of the interest rate on intervention loans from 9% to 5%;
Strengthening of the Loan to Deposit ratio policy (i.e. stepped up enforcement of directive to extend more credit to the private sector)
Creation of NGN50 billion target credit facility for affected households and small and medium enterprises.
Granting regulatory forbearance to banks to restructure terms of facilities in affected sectors
Improving FX supply to the CBN by directing oil companies and oil servicing companies to sell FX to the CBN rather than the Nigerian National Petroleum Corporation
Additional NGN100 billion intervention fund in healthcare loans to pharmaceutical companies and healthcare practitioners intending to expand/build capacity
Identification of few key local pharmaceutical companies that will be granted funding facilities to support the procurement of raw materials and equipment required to boost local drug production.
N1trillion in loans to boost local manufacturing and production across critical sectors.
The CBN has adopted a unified exchange rate system for Inter-Bank and parallel market rates to ease pressure on FOREX earnings as oil prices continues to plummet- Naira support subsidy.
CBN adopts the official rate of NGN360 to a dollar for International Money Transfer Operators rate to banks.
For on-lending facilities financial institutions have been directed to engage International development partners and negotiate concessions to ease the pains of the borrowers.
Provision of credit assistance for the health industry to meet the potential increase in demand for health services and products "by facilitating borrowing conditions for pharmaceutical companies, hospitals and practitioners".
Fiscal Policy

The crude oil benchmark price was also reduced from USD 57 to USD 30.
The Central Bank pledged to pump NGN 1.1 trillion (USD 3 billion) into critical sectors of the economy.
Commencement of a three month repayment moratorium for all TraderMoni, MarketMoni and FarmerMoni loans
Similar moratorium to be given to all Federal Government funded loans issued by the Bank of Industry, Bank of Agriculture and the Nigeria Export-Import Bank.
17. Customs Measures
Export of mask. Some restrictions on exportation of masks have been implemented.
Other measures

Authorities are considering a wide range of COVID-19 support measures, including reductions of customs duty and customs audits but such measures are not officially announced
No changes to Customs requirements as at 31 March 2020.
Payment facilities
Extension of filing due date for Value Added Tax (VAT) from the 21st day to the last working day of the month, following the month of deduction.
18. Other measures and sources
Fiscal Policy

The Federal Government revises planned spending in the 2020 budget with an increase of about ₦0.23 trillion in expenditure and a 31% decrease in revenue.
Suspension of new electricity tariffs:

On April 1st, the Nigerian Electricity Regulatory Commission (NERC) suspended the payment of the new electricity tariffs scheduled to commence on 2 April, citing poor electricity supply, wide metering gap and the impact of the COVID-19 pandemic. The National Assembly recently postponed the effective date of the new tariff to the first quarter of 2021.
On October 11, NERC suspended the Multi Year Tariff Order (MYTO) 2020 for the Electricity Distribution Licensees for 2 weeks.
NIS payment waiver for visitors affected by travel ban.

On 16 April, Nigeria Immigration Service (NIS) announced the grant of payment waiver to visitors / migrants affected by the travel ban and the closure of international airports. Affected persons are expected to reschedule their flights and travel within a week of the suspension of the restriction.
Lagos State Government reverts annual land use charges to pre-2018 rates.
Taxpayers in Nigeria need to consider the impact of the coronavirus (COVID-19) pandemic on their businesses and in particular the expected increase in debt default rates, cancellations of contracts or “no-shows”.
19. Since the inception of the Central Bank of Nigeria’s N10.3 trillion intervention funds, the Nigerian healthcare sector has received only N141.64 billion, amounting to a mere 1% of the total disbursements. Established in March 2020, the Healthcare Sector Intervention Facility (HSIF) stands as one of the intervention programs facilitating fund distribution to healthcare firms in Nigeria.
Top 10 beneficiaries of CBN’s N138 billion healthcare sector intervention facility;
https://nairametrics.com/2024/03/24/top-10-beneficiaries-of-cbns-n138-billion-healthcare-sector-intervention-facility/

OVERVIEW OF THE RECOVERY PLAN
Recovery plan: Nigeria Economic Sustainability Plan (Bouncing Back)
Budget : ₦2.3 Trillion
Announcement: Approved by the Federal Executive Council on 24 June 2020
Main orientations: Fiscal & Monetary, Real Sector and Implementation.

General Objectives
1. Prevent business collapse and ensure liquidity
2 Use of labour intensive methods to retain or create jobs in key economic areas
3. undertake jobs that enhance growth and create infrastructural investments in roads, bridges, solar power, and communications technologies
4. Promote manufacturing and local productions at all levels and curb unnecessary demand for foreign exchange to stem the pressure on exchange rate
Protect the very poor and most vulnerable through pro-poor spending.

Key measures – Real sector

1. ₦634.98bn for the creation of 5 million jobs in the agricultural sector while boosting agricultural production and guaranteeing food security.
2. ₦317.29bn for mass housing strategy divided into two tracks. Track 1 will involves building of 300,000 homes across the country while Track 2 will leverage existing institutions to build additional 25,515 affordable homes across the country in 12 months.
3. ₦240bn to create 250,000 jobs in the energy sector while providing solar power to 5 million households by 2023.
4. ₦50bn for direct labour in National Infrastructure Projects to create jobs for youths in relevant priority sectors.
Launch of programme to create jobs in digital outsourcing.
₦90bn for the launch a national programme to promote domestic use of CNG and support the creation of 1 million jobs.
5. ₦23.4bn to support the creation of 1 million jobs through the conversion of 30 million homes from dirty fuels (kerosene, charcoal and diesel) to LPG and achieve emissions reduction in greenhouses gases while also applying LPG in other sectors such as agriculture, power generation, transport, industry and technology.
6. ₦15bn to sustain 300,000 jobs in 100,000 MSMEs by guaranteeing off-take of identified priority products.
7. ₦260bn to establish the SME Survival Fund to sustain at least 500,000 jobs in 50,000 SMEs for 3 months.
8. ₦350bn to support the creation jobs in priority sectors using BOI, NEXIM and other national development banks as fulcrums.
9. ₦60bn to create 296,000 jobs in the construction and rehabilitation of roads in the 6 geo-political zones of the country through to use of local resources.
10. ₦198.94bn to develop a robust health system with the capacity to withstand shocks.
11. ₦10.29bn to fast-track the implementation of the National Water Supply, Sanitation and Hygiene programme.
12. ₦87.06bn to Increase support to vulnerable individuals and households in the context of COVID-19.
13. ₦27bn to save existing aviation industry organisations and jobs, through a targeted stimulus package and fast track the establishment of a private sector driven national carrier.
14. ₦144.12bn for the establishment of an economically viable Science and Innovation ecosystem in Nigeria.
15. ₦2.39bn to strengthen the national capacity to manage immigration, correctional facilities and public safety post-COVID-19.
16. ₦6bn to establish a programme to organise artisanal miners and develop the mineral value-chain in 6 geo-political zones.
17. ₦15bn to fast-track the implementation of the National Digital Switch Over Programme.
Note: despite the above master plan many set objectives were achieved while others failed to materialise.

Sectors/Industries/Areas affected
Agriculture, Housing, Energy, Youth & Women Development, Technology, Infrastructure/ Construction, MSMEs, Health, Aviation, Science and Technology, Immigration, Mining, Sanitation and Utility, Security and Digital.

Key Measures – Fiscal & Monetary Sector
Mobilise resources to stimulate the economy and fund projects in the Economic Sustainability Plan.
Fiscal measures to safeguard oil revenues
Fiscal measures to mobilise and preserve non-oil revenue by maximizing government revenues and optimising expenditures
Fiscal measures to reduce non-essential spending by streamlining all government expenditure and eliminating non-essential items
Support the economy using monetary measures.
Mobilise external funding and seek debt relief.
Support financial viability of States.
Secure appropriate legislative basis for actions to achieve economic sustainability.
Sectors/Industries/Areas affected all Sectors of the Nigerian economy, Government.

Key Measures – Implementation
Establishment of clear priorities
Articulation of detailed action plans in each sector
Clarity in time-frame of projects
Stipulation of desired results and outcomes
A deliberate strategy to source materials locally
Use of private sector agents with track record of delivery or meeting project requirements
Collaboration between public and private sector to measure results
Adoption of clear accountability framework and monitoring mechanism
Active oversight by Economic Sustainability Committee

https://kpmg.com/xx/en/home/insights/2020/04/nigeria-government-and-institution-measures-in-response-to-covid.html

NOTE: While FG was spending these monies running in trillions we basically had very low income due to travel bans, many all taxes by FIRS were suspended as a result of the pandemic, oil sells stalled to some extent and Govts across the globe were forced to print monies to survive and this is part of the money in discussion.

The investigation into how the "ways and means" was spent is a welcome development and will ascertain if there are fraud somewhere.

One of the challenges which prompted the investigation is lack of transparency in the side if CBN and how Govt spent the money. For instance, NIRSAL loans is declared unrecoverable and this is suspicious. CBN must come clean by giving the actual number of beneficiaries and the reason for defaulting the loans. So, such frauds have to be uncovered!

If you could remember, Nigeria became a subject of discussion in the world on how we were able to survive COVID-19's economic and health effect. Nigeria survived the pandemic through huge loans from CBN'S ways and means, IMF credit support, Africa Development Bank and World Bank. It was never easy, the hit was huge in all countries across the globe and many are still struggling to recover from the economic hit.


Buhari government has done a tremendous job in keeping this country afloat because before the pandemic our borrowing wasn't close to this bad and remember we entered 2 recessions which were eminent as former Jonathan's finance minister, Ngozi was quoted to have said Nigeria was in the verge of entering recession in 2014.

In 2012, former CBN Governor, Sunusi Lamido was quoted saying whoever inherit the liability of Jonathan's govt can't do anything in a panel theme *"removal of fuel subsidy on whose interest"?

Printing money is valid response to coronavirus crisis
In times of emergency, particularly war, central banks have often handed freshly printed banknotes to governments. The fight against resultant inflation was postponed until after any crisis.
https://www.ft.com/content/fd1d35c4-7804-11ea-9840-1b8019d9a987

Remember, Buhari inherited $28b foreign reserve snd handedover $34b in our reserve
He inherited very low oil production as a result of the activities of Niger-Delta avengers unleashed to his administration immediately after swearing in which brought serious sabotage to the economy through huge oil theft and pipeline vandalism.

He inherited, 22 states who were unable to pay salaries or pay contractors and bailed them out.

He inherited weak defense that was frequently threatened by BH but ended up asking for dialogue.

The only debt that is bad is the loan borrowed for consumption but one can criticise Buhari as much as he likes but Buhari is unmatched when it comes to infrastructure and reinforcing of troops with encouraging armoury.

gistray:
Just Written post.

No evidence of completion of any of this project.

Why not include how he sent Nigeria astronauts to Mars and Pluto

With scope of most of those giant projectsthe funding patter, the complexity of some of the works it will take time to be completed but believe me most of those projects that aren't completei are ongoing and will be completed soon. Thanks for APC continuity.

hybrid77:


Nor be the same buharu we know? Abi dem get another one?

Try and search for any of the projects that u have doubt on....

President Buhari did so well. The best president so far, infrastructure wise. All the projects Wike is boasting about in fct were started by PMBs minister and were almost completed before buharis tenure ended. No part of this country without a buhari legacy project.

Svoboda:
President Buhari did so well. The best president so far, infrastructure wise. All the projects Wike is boasting about in fct were started by PMBs minister and were almost completed before buharis tenure ended. No part of this country without a buhari legacy project.

Confirmed📌

Same Buhari that doesn't obey court order

Buhari accomplished most of what you wrote but always remember he left Nigeria economy worse than he met it. That will be the albatross of his administration till eternity. Bola Tinubu is already threading same path.

ArewaNorth:

ArewaNorth:


With scope of most of those giant projectsthe funding patter, the complexity of some of the works it will take time to be completed but believe me most of those projects that aren't completei are ongoing and will be completed soon. Thanks for APC continuity.

Lol.
I know say na sheet full your brain.

Svoboda:
President Buhari did so well. The best president so far, infrastructure wise. All the projects Wike is boasting about in fct were started by PMBs minister and were almost completed before buharis tenure ended. No part of this country without a buhari legacy project.

He's the worst man ever to be called president of Nigeria.
He's a walking empty vessel

Buhari's administration left Nigeria as global poverty capital. most of what you listed above were done for the sake of awarding contract. nothing improved

You're flogging a dead horse. Buhari is the worst thing that happened to Nigeria

ArewaNorth:


Try and search for any of the projects that u have doubt on....

Wondering about the airports in Lagos

Until you add how he destroyed our economy and move the naira from 215 naira per dollar to 600 naira per dollar, you never start.

Front0lane:
Buhari accomplished most of what you wrote but always remember he left Nigeria economy worse than he met it. That will be the albatross of his administration till eternity. Bola Tinubu is already threading same path.

Apprehension as FG borrows N20.1trn under Tinubu
The Federal Government borrows from the domestic investors through issuance of FGN Bonds, FGN Savings Bonds, and Sukuk Bonds by the Debt Management Office, DMO. In addition to these are the Nigeria Treasury Bills, NTBs, issued by the CBN on behalf of the FG.
Financial Vanguard analysis of data from the DMO and CBN showed that in the 12 months ending May 31st (June 2023 to May 2024), also the first year of President Bola Tinubu, the FG borrowed N20.09 trillion through these instruments, representing YoY increase of 117 per cent from the N9.275 trillion borrowed in the previous 12 months, namely June 2022 to May 2023.
https://www.vanguardngr.com/2024/06/apprehension-as-fg-borrows-n20-1trn-under-tinubu-2/

In 2012, former CBN Governor, Sunusi Lamido was quoted saying whoever inherit the liability of Jonathan's govt can't do anything in a panel theme "removal of fuel subsidy on whose interest"?
https://www.facebook.com/100063639303548/videos/1006309420064897/?mibextid=rS40aB7S9Ucbxw6v


Former Jonathan's finance minister, Ngozi was quoted to have said Nigeria was in the verge of entering recession in 2014.
https://www.vanguardngr.com/2012/06/okonjo-iweala-warns-of-economic-recession/


EXCLUSIVE: Okonjo-Iweala opens up, says Nigeria economy in danger
https://www.premiumtimesng.com/news/138723-exclusive-okonjo-iweala-opens-up-says-nigeria-economy-in-danger.html?tztc=1


From the above references it can be seen that just like Tinubu Buhari equally inherited economic challenges.
In my main thread I mentioned that Buhari was Challenged for borrowings but remember he borrowed most of our debt because of COVID-19 pandemic which forced almost all economic activities to shutdown and FG had to resort to printing money through ways and means to pay salaries and kept the economy affloat and we were one of the countries to have survived the effect of the pandemic.

₦