FG releases mid-term economic achievements, Nigerians rate performance poor

The Nigerian Federal Government, as part of the celebration of activities to marking the second year of the President Muhammadu Buhari’s administration, has released its mid-term economic achievements.

The fact sheet released noted key areas of improvement in the Nigerian economy and general governance of the country. These achievements were highlighted under four major categories; economy, transparency and anti-corruption, security and diplomacy and international relations.

From the report, 14 economic and 11 anti-corruption and transparency achievements while achievements in other categories revolve around decimation of Boko Haram, reduction in Niger Delta Militancy activities and restoration of Nigeria's pride among comity of nations.

Similar reports and assessments from other corporate agencies and prominent Nigerians have shown a mixture of poor to fair rating performance.

SB Morgen, a business advisory and research agency in Lagos, in its report assessing the two-year performance of the Buhari’s administration, rated the government to have performed fairly poor and stated that “Clearly, Nigeria cannot afford the same dismal performance in the second half of the Buhari administration.”

SB Morgen further noted that among the 171 campaign promises of the current administration, only 6% of it has been achieved within the last two years – mainly around security, anti-corruption and foreign relations.

Mr Muda Yusuf, the Director General of Lagos Chamber of Commerce and Industry (LCCI) also expressed concerned about the huge debts profile of the country, stating that it is not sustainable considering the level of oil revenue being generated by the country and the slow pace of economic recovery from recession.

Also commenting on the administration’s performance, Mr Ayo Adebanjo, a public policy commentator and activist, noted that it seems this current government have little or nothing to offer as solution to the current problems bedevilling the country.

Most Nigerians have also expressed concern over the slow pace of actions and policy implementation by the current administration.

It would be recalled that the government had no minister in its first six months of administration, while just two days ago the government had just announced appointments into some important agencies whose activities directly impact the economy.

As noted by the Mr Yusuf of LCCI, Nigeria's current situation is laden with a ray of hope.

FG releases mid-term economic achievements, Nigerians rate performance poor

The Nigerian Federal Government, as part of the celebration of activities to marking the second year of the President Muhammadu Buhari’s administration, has released its mid-term economic achievements.

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