FG: We take Obasanjo’s letter in good faith


The Federal Government says it has taken the admonitions of former President Olusegun Obasanjo in good faith and that while it is not unaware of the challenges that still pervade the country; the administration was doing its best to bring lasting succor to Nigerians.

Minister of Information and Culture Alhaji Lai Mohammed who was reacting to the letter written by Obasanajo said due to the former leader’s busy schedule, he may not have been fully availed of developments in the government’s efforts to revamp the economy.


“Today, most of the indices by which an economy is measured are looking up. This Administration is making steady progress in its determined effort to revamp the economy, and the results are showing,”

Lai Mohammed listed some of Buhari’s achievements in office as thus;

The Treasury Single Account (TSA) has stopped the haemorrhaging of the treasury. Some 108 billion Naira has been saved from removal of maintenance fees payable to banks, resulting  in N24.7 billion Naira savings monthly.


Nigeria’s stock market emerged one of the best-performing in the world, delivering returns in excess of 40 percent.

Nigeria rose 24 places on the World Bank’s Ease of Doing Business ranking, and earned a place on the List of Top 10 Reformers in the world.

Government agencies such as the Nigeria Customs Service are reporting highest-ever revenue collection, while JAMB, under the new management appointed by President Buhari in 2016, remitted N7.8 billion to the coffers of the federal government. The total amount remitted by JAMB between 2010 and 2016 was a paltry N51 million!


The Social Investment Programme is Nigeria’s most ambitious social welfare programme ever. Currently, 5.2 million primary school children in 28,249 schools in 19 states are being fed daily; 200,000 unemployed graduates have enlisted into the N-power Job Scheme, and a quarter of a million loans already distributed to artisans, traders, and farmers.

He assured Nigerians that President Muhammadu Buhari will continue to find lasting solutions to the myriad of problems bedeviling the country.


Image source: thisday

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