Category Archives: Consulate Information

MAJOR ECONOMIC ACHIEVEMENTS OF THE JONATHAN ADMINISTRATION

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  1. Improvement in Economic Indices – In October 2011 International Ratings agency, Fitch Ratings revised the country’s Outlook upwards from Negative to Stable.

  2. Standard and Poor’s another internationally respected and independent ratings agency, revised Nigeria’s ratings from stable to Positive.

  3. Implementation of Niger Delta Amnesty Scholarship Program

  4. Signing into law the Nigerian Oil and Gas Industry Content Development Bill 2010 (Local Content Bill) which has increased Local Content in the Oil and Gas sector.

  • As a direct result of that law Royal Dutch Shell awarded a N7.8 billion ($49.9 million) contract to a Nigerian firm, S.C.C Limited, for the manufacture of high pressure line pipes that would otherwise have been awarded to a foreign firm.

  • As a result of this law, Exxon Mobil awarded an off shore platform contract to a local firm, NigerDockNig. PLC that would otherwise have been awarded to a foreign firm.

  1. Initiated the Sovereign Wealth Fund (SWF). A seed capital of $1 billion was provided to kick start the fund as well as establish three sub funds- the Nigeria Infrastructure Fund; the Future Generations Fund and the Stabilization Fund which will be the pillars of the SWF.

  2. Launched the Youth Enterprise with innovation in Nigeria (YOUWIN) initiative on the 11th October 2011 which is the administration’s job creation center piece.

  3. CNN Lists Nigeria as 3rd Expected Fastest Growing GPD.

  4. Launched the Public Works Women and Youth Empowerment programmer, an intervention programmer designed to employ 370,000 youths in the year 2012 with 30% of those jobs being reserved for women.

  5. Secured investment commitments worth 4.89 Trillion Naira.

  6. Launched the NigComSat-1Rsatellite which will help expand Internet Bandwidth, monitor the weather and provide early warning to prevent natural disasters like floods, crop monitoring and urban planning. It has the attendant benefit of reducing the over $1 billion spent in purchasing Internet Bandwidth from abroad.

  7. Nigeria’s banking industry rescued and stabilized by the establishment of the Asset Management Company of Nigeria (AMCON) in the year 2010.

  8. MasterCard made Nigeria its regional headquarters for its West/East and Indian Ocean islands zone raising the profile of Nigeria’s e-commerce industry.

  9. Nigeria’s GDP grew by a record 8.29% during the last quarter of 2010 and by over 7% in 2011. In the first quarter of 2012 Nigeria had verifiably become the third fastest growing economy in the world as recently attested to by several multilateral bodies and trading partners.

  10. Revival of the Textile industry via the 150 billion Naira Textile Industry Bailout, as a result the United Nigerian Textile Limited was reactivated amongst others and over 2000 employees re-engaged

  11. Non-oil exports from 2010 (standing at $2.3 Billion) and subsequent years are ten times what they were in 2000 (which were $200 Million) as a direct result of this administration’s intervention in the Textile Industry and Real Sector.

  12. Implemented the National Transformation in priority areas, including power, rehabilitation and expansion of national infrastructure, agricultural development, education and employment generation.

  13. Created an estimated 1.6 million new jobs in 2013 as a result of his government’s policies and actions.

  14. Implementation of the National Industrial Revolution Plan, NIRP, aimed at industrializing Nigeria and diversifying the economy into sectors such as agro-processing, light manufacturing, and petrochemicals.

  15. Common External Tariff, CET, agreement with the Economic Community of West African States, ECOWAS to protect the country’s strategic industries from foreign domination.

  16. Nigeria moved from being a net importer to a net exporter of cement, with its production capacity growing from just 2 million metric tons in 2002 to about 28.5 million metric tons today.

  17. Nigeria named by UN Conference on Trade and Development, UNCTAD as the No.1 destination for investments in Africa.

  18. Distribution of fertilizers and seeds to about 4.2 million farmers, directly through an e-wallet system.

  19. Building of 72 new libraries in Federal Unity Schools and laboratories rehabilitated in all the 51 Federal and State polytechnics across the country.

  20. Privatization of 10 power plants under the National Integrated Power Projects, NIPP to ensure effective evacuation and distribution of power generated, an addition of $1.5 billion was advanced for the upgrade of the transmission network to boost electricity

  21. Cut down on public expenditure and wastage by government personnel in all ministries, departments and agencies.

  22. Deployment of the three electronic platforms namely, the Treasury Single Account, TSA; the Government Integrated Financial Management Information System, GIFMIS; and the Integrated Payroll and Personnel Information System, IPPIS- to curb leakages in the system.

Nigerian Governor By State

State

Current Governor

Party

Elected/Took office

Abia State

Theodore Orji

PDP

2011

Adamawa State

Bala Ngilari

PDP

2014

Akwa Ibom State

Godswill Akpabio

PDP

2011

Anambra State

Willie Obiano

APGA

2010

Bauchi State

Isa Yuguda

PDP

2011

Bayelsa State

Seriake Dickson

PDP

2011

Benue State

Gabriel Suswam

PDP

2011

Borno State

Kashim Shettima

APC

2011

Cross River State

Liyel Imoke

PDP

2011

Delta State

Emmanuel Ewetan Uduaghan

PDP

2011

Ebonyi State

Martin Elechi

PDP

2011

Edo State

Adams Oshiomhole

APC

2008

Ekiti State

Ayo Fayose

PDP

2014

Enugu State

Sullivan Chime

PDP

2011

Gombe State

Ibrahim Hassan Dankwambo

PDP

2011

Imo State

Owelle Rochas Okorocha

APC

2011

Jigawa State

Sule Lamido

PDP

2011

Kaduna State

Mukhtar Ramalan Yero

PDP

2012

Kano State

Mohammed Rabiu Kwankwaso

APC

2011

Katsina State

Ibrahim Shehu Shema

PDP

2011

Kebbi State

Usman Saidu Nasamu Dakingari

PDP

2011

Kogi State

Idris Wada

PDP

2003

Kwara State

Abdulfatah Ahmed

APC

2011

Lagos State

Babatunde Fashola

APC

2011

Nasarawa State

Umaru Tanko Al-Makura

APC

2011

Niger State

Mu’azu Babangida Aliyu

PDP

2011

Ogun State

Ibikunle Oyelaja Amosun

APC

2011

Ondo State

Olusegun Mimiko

PDP[1]

2009

Osun State

Rauf Aregbesola

APC

2010

Oyo State

Isiaka Abiola Ajimobi

APC

2011

Plateau State

Jonah Jang

PDP

2011

Rivers State

Rotimi Amaechi

APC

2011

Sokoto State

Aliyu Wamakko

APC

2008

Taraba State

Danbaba Suntai

PDP

2011

Yobe State

Ibrahim Geidam

APC

2011

Zamfara State

Abdul-Aziz Yari Abubakar

APC

2011

Territory

Current Minister

Party

Took office

Abuja F.C.T.

Bala A. Muhammed

2010

Nigeria Launches Youth Employment In Agriculture Programme

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The Youth Employment in Agriculture Programme is a youth-led initiative to get youths involved in agriculture by forging  a plan that would create the next “Nagropreneurs’’ in the country. To this end, the FMARD has established in the last one year a Youth Department which coordinates all YEAP activities and ensures that there is proper monitoring and evaluation of impact.

The Fund for Agricultural Financing in Nigeria is an innovative initiative, designed to transform the agriculture finance landscape in Nigeria, given the strategic importance of agriculture to the Nigeria economy, FAFIN aims at catalyzing an agriculture-led inclusive economic growth  through innovative financial  support for agricultural productivity, value-added processing and market linkages. The Funds will be assessed by agricultural smallholders and SME’s.

The government also launched a fund that would finance agriculture in Nigeria, creating an opportunity for young Nigerians to access finance for agricultural ventures. The two programmes launched are targeted at reaching up to 750,000 Nigerian units over five years with financial support to enable them establish and run wealth creating agribusiness enterprises as Nigeria is making efforts to diversify its economy that has depended hugely on revenues generated from sales of crude oil. The diversification of the economy has become a priority of the government at a time that the price of crude has continued to drop.

Prior to the discovery of crude in Nigeria, agriculture has been the mainstay of the economy of the nation, with large arable land left uncultivated. Unemployment among youths has been identified as one of the biggest challenges facing Nigeria and for the President, time has come to create jobs and lay a new foundation for Nigeria’s economy to grow.

Also, the Ministry of Agriculture has mapped out over $15 million investments, with the support of other world bodies like the German Development Bank, and the Nigerian Sovereign Investment Authority while the Federal Government has promised to create the enabling environment for the Nigerian youths to grab the opportunity.

AFENIFERE ENDORSES JONATHAN FOR RE-ELECTION

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The influential pan Yoruba group, Afenifere, on Tuesday in Akure endorsed the second term presidential bid of President Goodluck Jonathan of the Peoples Democratic Party (PDP). The group gave the endorsement at the residence of Chief Reuben Fasoranti, its national leader, where it received Jonathan and his entourage.

In a speech read on his behalf by the National Secretary of Afenifere, Chief Seinde Arogbofa, the group said it was to enable Jonathan to complete the transformation agenda and implement the decisions of the National Conference for Nigeria’s progress.

“Afenifere is a socio political association. We have always spoken out our minds on any matter that affects our country. “We, therefore, want to say it loud and clear that after considering so many things, the Nigerian constitution inclusive, we see you for now as the best option to continue as the president of our dear country. “Consequently, we call on all well-meaning Nigerians to join us’’, he said.

Afenifere said it was encouraged by the transformation agenda of the President to give the endorsement. The group also spoke of the need for the government to tackle the insecurity in the country and also to ensure equal spread of amenities and key national offices.

It thanked Jonathan for making the Federal University of Technology Medical College , Akure, a reality and for granting Ondo state a Federal Polytechnic. It requested the President to appoint key officers of the state into the polytechnic for effective take-off.

Responding, Jonathan said he was committed to implementing the decisions of the national conference before the end of the first year of his second term if re-elected. “We will not play politics with the report.’’ The president also said he would not relent in the fight against insurgency and would not transfer it to his next administration.

Jonathan said the Yoruba race was key to Nigeria’s development and his administration would continue to work with the people for national development. The President said his administration recorded milestones in aviation, road construction, education and transportation and would do more.

According to him, the administration completed 25,000 kms of roads, from the 5,000km it inherited and promised to complete the remaining 10,000kms soon. He thanked the Afenifere for the endorsement which he described as novel in the activities of the group. “We will achieve more for Nigerians. All we want is the support of the people. We will not disappoint you.’’

NAN/UO

O’NEILL: NIGERIA HAS A LOT OF EXCITING INVESTMENT OPPORTUNITIES

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A renowned global investor and former chairman of the asset management division of Goldman Sachs Group, Dr. Jim. O’Neill has advised investors not to be distracted, insisting that Nigeria has a lot of lucrative investment opportunities.The economist is famous for coining the BRIC and MINT acronyms, with both terms referring to large and fast-growing groupings of emerging market countries.

In order to demonstrate his confidence in the Nigerian economy, O’Neill disclosed that he recently increased his personal investment in a Nigerian mobile payment firm, Pagatech. According to O’Neill, the deliberate efforts by the Goodluck Jonathan administration to encourage entrepreneurs would go a long way in supporting the country’s economic growth.

He also reiterated that Nigeria’s macro economic policies have been in the right direction.According to O’Neill, “I think Nigeria should be included in the G-20, South Africa is in the G-20, whereas Nigeria is bigger.”However, he advised Nigeria and other oil producing countries to use the opportunity of falling crude oil prices to diversify their economies.

According to O’Neill, falling crude oil prices would test the flexibility of the Nigerian economy. O’Neill concluded by noting, “it is very dangerous for oil producing countries to just depend on oil: In some way, declining oil prices is an important test of Nigeria’s economic resilience.”

WORLD BANK FORECASTS 4.6% GROWTH FOR NIGERIA, OTHERS

The World Bank Group has predicted that growth in Nigeria and other countries in Africa will remain flat at 4.6 percent in 2015. The multilateral group hinged this prediction on the lower commodity prices.According to the World Bank, the continent’s growth would rise gradually to 5.1% by 2017, supported by infrastructure investment, increased agricultural production and buoyant services.

It noted that following a disappointing 2014, developing countries would see an uptick in growth this year, boosted in part by soft oil prices, a stronger US economy, continued low global interest rates and receding domestic headwinds in several large emerging markets.

Commenting on the outlook, the President of the World Bank Group, Jim Yong Kim said: In this uncertain economic environment, developing countries need to judiciously deploy their resources to support social programs with a laser-like focus on the poor and undertake structural reforms that invest in people.

“It’s also critical for countries to removes any unnecessary road blocks for private sector investments. The private sector is by far the greatest source of jobs and that can lift hundreds of millions of people out of poverty. On his part, the World Bank Chief economist and Senior Vice President, Kaushik Basu said: “Worryingly, the stalled recovery in some high-income economies and even middle-income countries may be a symptom of deeper structural malaise.

“As population growth has slowed in many countries, the pool of younger workers is smaller, putting strains on productivity. But there are some silver-linings behind the clouds. The low oil price, which is expected to persist through 2015, is lowing inflation worldwide and is likely to delay interest rate hike in rich countries.”

However, it noted that the sustained low oil prices would weaken activity in exporting countries.

CRUDE OIL CRASH, FEDERAL GOVERNMENT FINDS

13 ALTERNATIVE REVENUE TO OIL-DR. AGANGA

The Federal Government has marked out 13 National Strategic Export products meant to replace the petroleum products which price has continued to tumble in the International Market, threatening the stability of the country’s economy.This is part of the spirited moves by the government towards reviving the dwindling national economy with emphasis on rapid growth of the non-oil sector for exports.

While unveiling plans by the Federal Government for diversifying the economy, the Minister of Industry, Trade and Investment, Dr. Olusegun Aganga listed the 13 national Strategic Exports Products (NSEP) in three categories as follows:

Agro Industrial—Palm oil, Cocoa, Cashew, Sugar and Rice;

Mining related—Cement, Iron ore/metals

Auto parts/car, Aluminum and oil

Gas Industrial products-Petroleum products,

Fertilizer/urea, petrochemical and methanol.

Dr. Aganga therefore charged the Nigeria Export Promotion Council (NEPC) to deploy its capacity to kick-start the diversification of the country’s economy in line with the government’s agenda. The Minister urged NEPC to identify products that are being imported by the country from other exporting nations and to develop the products with sound logistics built around them.

The essence, the Minister stressed is to deliver the products cheaper to the neighboring countries with the strategy as an export oriented investment one. The new strategic focus is not just Agriculture but also commodities- based industrialization. This will help our economy to diversify faster and sustainably. Such strategy will help build an industrial sector that can diversify our economy in just a few years.

Dr. Aganga tasks Mr. Segun Awolowo, the Executive Director of NEPC on the need to work towards earning big income for Nigeria by focusing on products and services that will yield quick results in a few years. Responding, the Executive Director, NEPC thanked the Minister for the visit to his office and the support to the Council’s activities and projects.

He noted that NEPC under his leadership had long recognized the need to develop the non-oil export sub-sector and had, in the process, held series of strategic meetings with stakeholders for the development of ideas aimed at improving the Foreign Exchange earnings by the country through different avenues.

He enumerated some of the strategies to be the development of a four year strategic plan, One State One Product (OSOP), Nigerian Diaspora Export Program (NDEX) and the development of new workers for new products. Awolowo assured the Minister that he would do his best in collaborating with other stakeholders to ensure increased Foreign Exchange earnings by Nigeria with a view to reducing the effects of the current fall in oil prices at the international markets.

FEDERAL GOVERNMENT TARGETS 2018 TO END

IMPORTATION OF PETROLEUM PRODUCTS

The Federal Government has stated that Nigeria will stop the importation of petrochemical products into the country by 2018. The Minister of Industry, Trade and Investment, Dr. Olusegun Aganga, explained that with the Nigerian Industrial Revolution Plan (NIRP) launched by President Goodluck Jonathan, the importation of petrochemical products which currently costs the nation about $10 billion annually will be a thing of the past.

“If the investment goes according to plan by 2018, we will no longer import petroleum products into the country and will save us a minimum of about $10 billion. We spent about $3 billion importing steel, $6 billion importing cars and spare parts and $1.7 billion importing sugar where we can grow sugar cane. Under the NIRP, the government’s approach is to diversify the nation’s revenue sources to boost economic growth.

In his words; “Today, the falling oil price, devaluation of the Naira has gotten Nigerians all surprised because for decades, we have adopted the wrong policies. But for the first time in the history of this nation, we have a robust and comprehensive plan which we started implementing in 2012 to diversify the economy based on areas where we have a comparative advantage.”

He further said that this administration has always been about value addition based on a blue-print using local content which had attracted about $14 billion in the petrochemical sector. He also noted that the present administration’s approach is to move towards import substitution, stressing that Nigeria as a nation can no longer afford to remain import dependent.

“If we do not address this in the coming years, we will be in a very big trouble in terms of our economic development” he warned. In his own contribution, Chairman Mikano, International Limited, Mr. Mofid Karameh-said that over the past years, industrial development has been neglected but stressed that the industrial sector has began to experience some improvements especially concrete support from the Federal Government in duties and patronage.

He stated that when his company started, they were using 10% of local contents, but has now shot up its operations using about 40%. Looking forward, he stressed that Mikano is planning to establish an assembly plant which will go into full manufacturing of transformers in Nigeria, noting that the country imports about $2.5 billion worth of electrical components with transformers gulping about $1.2 billion.

Jonathan Says Second Niger Bridge Will Be Ready In 40 months

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President Goodluck Jonathan has assured Nigerians that the second Niger Bridge, which will ease the load on the Niger Bridge with traffic flow to and from Southsouth and Southeast zones, will be completed within the next 40 months. Jonathan went on inspection tour of the bridge construction site before visiting the Obi of Onitsha preparatory to his Anambra State presidential campaign rally on Saturday.

There have been criticisms over the slow pace of work on the bridge, with some persons saying that nothing was happening at the site. At a meeting with the traditional ruler of the commercial city of Onitsha, Obi Alfred Achebe, President Jonathan expressed satisfaction at the pace and quality of work done so far at the site of the construction as he first went on inspection tour before visiting the Obi of Onitsha.

President Jonathan was in Anambra State on Saturday for the presidential campaign rally. The Anambra State governor, Willie Obiano, alongside the Vice President, Namadi Sambo, the traditional ruler of Onitsha, Obi Alfred Achebe and other dignitaries were at the meeting that was held at the palace of the King.

After exchanging pleasantries with his hosts, the President narrated the event of his visit to the site of the second Niger Bridge construction and cleared rumours that nothing was going on at the site. He said that what he saw on ground had boosted his morale, expressing confidence that the bridge would be completed within the next 40 months.

In his explanation, he said out of the 130 billion Naira contract sum, 10 billion Naira had already been spent out of which 1.5 billion Naira was used to pay compensation for damages. According to him, work on the 10 kilometre road leading to the bridge head had reached 80 per cent completion.

In his speech, Governor Obiano assured the President that Anambra State would give him 100 per cent support for a resounding victory at the polls. The Obi of Onitsha used the opportunity presented by the meeting to bring the mind of the former Governor of Anambra, Mr Peter Obi together with that of the incumbent, Willie Obiano in a dramatic reunion.

After the meeting at the King’s palace, President Jonathan also met with political stakeholders in the state at the Onitsha Governor’s Lodge. He enjoined all candidates of various positions to conduct themselves with civility and enter the race with the spirit of sportsmanship.

President Jonathan later held a political campaign at the Basilica of the Most Holy Trinity Cathedral Field, Onitsha, where thousands of the Peoples Democratic Party supporters and other indigenes of the state had the opportunity to hear the President’s manifestos.

 

Thirty Achievements of Goodluck Jonathan Administration

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The Goodluck Jonathan administration has been charged with the leadership of a large and diverse entity that is Nigeria, Mr. Nnawetanma starts. In the four years that the Goodluck Jonathan administration has been in power, there have been flaws, successes and giant leaps. Sadly, Mr. Nnawetanma notes, the Nigerian media tends to focus more on the setbacks. That is why getting a comprehensive list of achievements is a “rather daunting task,” according to Mr. Nnawetanma.

The Goodluck Jonathan administration has been “silently transforming Nigeria from its dark ages of underdevelopment to a 21st century economic and political force,” Mr. Nnawetanma writes.

Mr. Nnawetanma has completed a list of implementations of the Goodluck Jonathan administration he considers to be a progress.

1. Promotion and practice of true democracy by creating an enabling environment where people from diverse backgrounds and with divergent views and opinions can be accommodated. Under the watch of Goodluck Jonathan administration,  was registered by INEC as a mega opposition party big enough to challenge the PDP at both state and national levels. This would have been unthinkable some years back.

2. Conduct of free and fair elections in the country, including the 2011 poll which was adjudged to be the most credible election of its magnitude that has ever been conducted in the country, though it was not without its flaws. Unlike in other administrations, the Goodluck Jonathan administration has given a free hand to the country’s electoral umpire, INEC, to perform its statutory duties.

3. Relative non-interference with electoral and judicial matters. This is evident in the number of governorship elections that have been won both at the polls and in the court by opposition parties in Anambra, Imo,  states, among others.

4. Liberalization of the press and guaranteeing the freedom of speech in a country where the stifling of the press and suppression of the citizens’ right to freedom of speech used to be the norm, a legacy of over 30 years of military rule. The existence of vocal anti-government media houses and critics would have culminated in some high-profile assassinations some years back, but today citizens are free to air their views whenever and wherever they like just like any other sane country.

5. Opening up of Nigeria to the global business community and becoming Africa’s number one destination of foreign investors. In the first six months of 2014, a total of US$9.70 billion or N1.51 trillion flowed into the national economy as foreign direct investments (FDI).

6. Under the Goodluck Jonathan administration, Nigeria rebased it’s GDP for the first time in over a decade to become the largest economy in Africa, overtaking South Africa and Egypt in the process.

7. Proceeds from Nigeria’s non-oil exports rose to 2.97 billion by the end of 2013, up from 2.3 billion in 2010.

8. Initiation of the YOUWIN program in 2011. The Youth Enterprise with Innovation in Nigeria (YOUWIN) program aims to generate over 100,000 jobs for innovative unemployed youths across the country in the course of three years. It is currently in its third year.

9. Nigerians are now a step closer to being fully integrated into the international e-commerce community with the approval and reinclusion of Nigeria as one of the Paypal-compliant countries after being banned from using the service at the peak of the advanced fee fraud (419 scams). With Paypal, Nigerians can now pay for goods and services online from anywhere in the world.

10. Goodluck Jonathan administration is the one behind the revival of the dead automotive industry in Nigeria. Global auto giants like Peugeot, Nissan and Hyundai now either assemble or wholly manufacture small cars, Sport Utility Vehicles, trucks and buses at various locations in Nigeria. In addition to that, Innoson Vehicle Manufacturing Company (IVM), Nigeria’s flagship indigenous automaker, has begun the sale of their first made-in-Nigeria cars and SUVs in August 2014.

11. Under the Goodluck Jonathan administration, Nigeria became the first country in West Africa to host the World Economic Forum (WEF) in 2014. It was also the most successful World Economic Forum for Africa (WEFA) in history, boasting of a global reach of 2.1 billion people according to estimates.

12. Africa’s richest man Aliko Dangote’s net worth increased from US$2.1 billion at the start of Goodluck Ebele Jonathan’s administration to US$23 billion in 2014, making him Forbes’ richest black person in the world and the overall 26th richest in the world. He attributed this mammoth increase in his monetary worth to Goodluck Jonathan administration favourable economic policies.

13. Construction and beautification of many federal roads in the country, including the Lagos-Benin expressway, Abuja-Lokoja expressway, Enugu-Abakiliki expressway, Onitsha-Owerri highway and most parts of the Enugu-Port Harcourt expressway. Also, construction of the second Niger Bridge between Onitsha and Asaba to relieve the pressure on the old Niger Bridge which was completed in December 1965.

14. Revival of the comatose railway system of transportation in the country is happening under the current Goodluck Jonathan administration.

15. Remodelling, beautification and standardization of airports across the country. In addition to that, aircraft from Nigeria are now allowed to fly directly to the United States of America instead of going through many stopovers in Amsterdam and some other European cities along/in the route. The Akanu Ibiam Airport in Enugu was upgradede into an international airport, directly connecting the South-East region of the country to the outside world for the first time since independence.

16. Establishment of nine federal universities across the country in states which previously had no federal degree awarding institution.

17. Computerizing education in the country with the introduction of the computer-based test (CBT) which will be mandatory for all UTME candidates from 2015.

18. Introduction of the Almajiri system of education in the academically disadvantaged Northern parts of the country.

19. Arresting the outbreak of the deadly and highly contagious  (EVD) in record time, though it unfortunately claimed some lives at the onset.

20. Transformation of the agricultural sector, so that, in the words of Agriculture minister Akinwumi Adesina, “Nigerians will stop thinking of agriculture just as a means of livelihood, but more as a business.”

21. Nigeria has reduced its food imports by over 40% as of 2013, moving the country closer to self sufficiency in agriculture.

22. Nigeria is the world’s largest producer of cassava with an output of over 45 million metric tonnes in 2014 according to the Food and Agricultural Organization of the United Nations (FAO).

23. Due to favourable economic policies, Internet penetration in Nigeria has now increased from about 45 million in 2011 to 63 million in 2014, overtaking countries such as the United Kingdom and France in the process. What this means is that more people now use the internet in Nigeria than in the UK and France.

24. As of the second quarter of 2014, the number of registered active telephone lines in Nigeria stood at 130 million out of a total of over 170 million telephone lines.

25. Introduction of the Nigerian electronic identity card (e-ID card), one of the most secure in the world d the largest in Africa. The e-ID card serves as both an international identification module and an electronic payment solution.

26. Introduction of the cashless system which aims to encourage the use of e-payment systems in the country and reduce the volume of physical cash in circulation.

27. Unbundling of the dysfunctional Power Holding Company of Nigeria (PHCN) into about 18 profit-driven successor companies.

28. Under the watch of President Goodluck Jonathan administration, Nigeria won the African Cup of Nations for the first time in 19 years in South Africa in February, 2013.

29. Nigeria ended up with 11 gold , 11 silver and 14 bronze medals at the recently concluded 2014 Commonwealth Games in Glasgow, finishing 8th in the overall ranking.

30. Women in politics have been given more prominent roles in the current President Goodluck Jonathan administration. A large number of the federal appointees of the Goodluck Jonathan administration are women. They include, but are not limited to, Ngozi Okonjo-Iweala; Miriam Aloma Mukhtar, Nigeria’s first female Chief Justice; Diezani Alison-Madueke; ex-aviation minister Stella Oduah, Joy Ogwu, Nigeria’s representatives at the United Nations; Sarah Jibril; and Viola Onwuliri.

 

Loko – Oweto bridge will be completed by 2015 Says Onolememen

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The Minister of Works, Arc. Mike Onolememen has assured Nigerians that the construction of Loko – Oweto Bridge will be completed by 2015. He made this assurance during an inspection visit to the site and was accompanied by the Director (Highways), North Central and other delegates from the Ministry recently.

Arc. Onolememen disclosed that the project awarded to Messrs RCC Nig Ltd on 2ndNov., 2011 at a cost of approximately 36 billion did not take off on time due to issues bothering on change of project alignment necessitated by the need to avoid difficult terrain over which the alignment initially traversed and also abnormal high water level occasioned by the unusual flood of the 2012 rainy season which has now been adequately addressed with the ongoing work.

The Minister revealed that upon re-design, the contract now consists of the construction of two dual carriage bridges across River Benue with 3.88km long approach at Loko end in Nasarawa State and 3.09km lond approach road at Oweto in Benue State.

Arch. Onolememen assured that the funding of the project will not be a problem as the project is now under (Subsidy Re-investment and Empowerment Programme (SURE P) and 30 billion has already been allocated to the project in fulfilment of President Goodluck Jonathan’s Transformation Agenda in the Road Sector.

He reiterated the President’s commitment to the completion of the road for easy movement of people, goods and services, from the South-East geo-political zone to the Federal Capital Territory (FCT), Abuja by 2015. He commended the contractor for the quality of work done so far which he said is moving in accordance to the contract specification. He directed Messrs. RCC to increase the tempo of work.

The Minister revealed that the bridge will boost economic activities between Loko and Oweto and the completion would reduce time from Abuja to South East as the road will burst out at Otukpa Junction close to Enugu State.

After the inspection, the Minister paid a courtesy visit to the Emir of Loko, Alhaji Abu Sabo Ahmed, where he appealed to the Emir, to ensure that the indigenes allow the contractor to carry out construction work on the road and for his support on the project.

The Emir in his response appreciated the visit of the Minister and expressed the satisfaction of his people with the transformation agenda of Mr. President which has remembered them and made them fill the presence of government since 1926 when Lord. Lugard was using Loko as his meeting point with the leaders from Northern Nigeria.

 

Nigerians in the Diaspora Trauma & Diagnostic Center/Foundation Stakeholders Report

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Nigerians in the Diaspora Trauma & Diagnostic Center/Foundation  Stakeholders Report

Investment Opportunities in the Nigerian Power Sector

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Power supply to homes and businesses in Nigeria has remained a focal point of the Goodluck Jonathan administration. Having established the framework and institutions for the power sector reform.  The following are Read more

 

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