Tuesday, June 15, 2021

FOR THOSE OF YOU WHO STILL THINK BUHARI ADMINISTRATION IS WORSE THAN JONATHAN’S

 FOR THOSE OF YOU WHO STILL THINK BUHARI ADMINISTRATION IS WORSE THAN JONATHAN’S


Let's Examine Buhari's Performance and PDP's Performance Within The Crude Oil Powered Nigerian Economy ;-


Many people have erroneously blamed Buhari and Continued to Blame him for almost everything ,particularly poverty and hunger.The truth however revealed that Buhari is only to the rescue. The following statistics may convince you of this assertion that ,if not for Buhari's discipline and financial prudence, Nigeria would have been in deep mess.


1) Petrodollar under PDP /Obasanjo/Jonathan;-

.Crude Oil picked at $142 Per barrel and sold at average of $100 dollars throughout PDP regime.

During This period, PDP generated revenues of $1 trillion dollars from 1999 to 2015.


The PDP' Reports Card.


i) PDP Did not save money for Nigeria


ii) did not invest in critical infrastructures that are necessary to crystallise development and industrialisation


iii)Roads and Railway were in total disrepair


iv)PDP inherited 3,500 megawatts of electricity from Abdulsalam Military regime. Obasanjo alone spent $16 billion dollars on electricity, Jonathan topped it to about $25 billion yet when they left office we only added five hundred megawatts to 3500 megawatts which brought it to 4000 megawatts.Whereas China spent $22 billion dollars on world largest hydro power generating plants and generated 22,500 megawatts , Nigeria only generated 500 megawatts from $25 billion dollars.


v)PDP Government sold all Nigerian Corporations built at exorbitant rates to themselves and proxies in the name of Privatisations which qualified as day light robbery (Personalisation) at gives away prices.


vi)PDP couldn't pay the severance allowances ,gratuities and pensions of those corporations staffs they stole from us;namely, NITEL,NEPA,AJAOKUTA Steel Company and others,Railway, Nigeria Airways amongst many other's.

vii)PDP was borrowing money to pay Federal Government workers.


viii)27  States under PDP Government couldn't pay workers salaries and were indebted up to 6 to 24 months workers salaries.


ix)PDP left 29 billion dollars only in foreign reserves which is not enough for 3 months importations as Nigeria was importing all manners of  junks besides rice and other staple foods.

x)PDP did not repair our refineries, did not build new ones ,but instead introduced a regime of importations of refined petroleum accompanied with the corruption personified subsidies ,in which PDP and his Government agents paid for empty Vessels without single drop of fuel after certificated by corrupt operatives .


x)Looting and corruption was the order of the days as we have billionaire without companies and factories to their names.


2) Petrodollar under APC/Buhari;-

Crude Oil Price caved in suddenly from $120 dollars per barrels under PDP to $27 dollars per barrels under Buhari,it later crawled back to $70 and has reversed to $61 dollars per barrels .It so far stands at average of $45 dollars since Buhari came in as against average of $100 dollars under PDP. Now as a Nigerian compares this analogy;your employer is paying you N130k per month, for 16 years ,and one morning, he suddenly entered office without prior notice and reduced your salary to N30k ;that types of trouble,quagmire and confusion you will enters immediately is the shock that welcome Buhari into Government as President. Compared to PDP $394 billion dollars in 3years,Buhari only earned $94 billion in 3 years from Oil.He however responded with uncommon courage, fortitude and commitments;characteristics of his military discipline in the following ways;-


i) Buhari embraced Agriculture, downgraded wholesome importations and encouraging local productions of foods ,particularly rice production where we are now among world major producers.

ii)Buhari granted bailouts to state Governments to pay workers salaries apart from clearing Federal Government staffs salaries abandoned by PDP.

iii)Buhari paid Biafran service men pensions


iv)Buhari Paid Railway pensioners.


v)Buhari paid NITEL pensioners


vi)Buhari paid Nigerian Airways pensioners


vii)Buhari increased the Power generation from

 4000 megawatts to 7 000 megawatts in less than 3 years ,and is building the abandoned  3500 megawatts Mambila hydro power aggressively.

viii) Buhari is building roads and railways as never before, expanding Airports and building second Niger Bridge as well as completing all abandoned projects

ix Buhari raised minimum wage from N18k to N30k

x)Buhari is aggressively fighting corruption, recovering loots in an unprecedented amounts and as never before.

xi) Buhari is repairing refineries, building modular ones and new standards refineries.

xii) Buhari miraculously against all odds increase foreign reserves from PDP $29 billion in an era  of boom to $48 billion in the era of economic shock.


In conclusion, Buhari's achievements in the midst of all odds, occasioned by the drastic fall in the prices of crude oil from $120 dollars per barrels to $27 dollars per barrels makes Buhari a super economic manager .A true and conscientious Leader.

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