{"id":5507,"date":"2017-12-29T19:34:53","date_gmt":"2017-12-30T02:34:53","guid":{"rendered":"http:\/\/nigerianews.ca\/?p=5507"},"modified":"2017-12-30T21:25:49","modified_gmt":"2017-12-31T04:25:49","slug":"see-lists-17-achievements-presidency-2017","status":"publish","type":"post","link":"https:\/\/nigerianews.ca\/see-lists-17-achievements-presidency-2017\/","title":{"rendered":"See the lists of 17 Achievements Of Presidency In 2017"},"content":{"rendered":"
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\"\"December 29, 2017: The Presidency has released a list of 17 things it achieved in the year 2017.<\/p>\n

By President\u2019s Special Adviser on Media and Publicity, Femi Adesina.<\/p>\n

The Presidency described 2017 as the year Nigeria exited its worst recession in decades, the year the country rose 24 places on the World Bank\u2019s Ease of Doing Business and the year the Nigeria Customs Service recorded its highest-ever revenue collection among other things.<\/p>\n

It also noted that the coming year (2018) will be Nigeria\u2019s \u201cYear of Infrastructure\u201d as the government has lined up a number of important infrastructure projects which cut across the various sectors.<\/p>\n

Here\u2019s the presidency\u2019s recap.<\/p>\n

2017 was the year in which:<\/strong><\/p>\n

1.<\/strong> Nigeria exited its worst recession in decades. After five quarters of negative growth, the economy bounced back into positive territory. Agriculture was one of the stars of 2017, posting consistent growth levels even throughout the recession. Also, Inflation fell for ten consecutive months during 2017 (February to November).<\/p>\n

2.<\/strong> The Naira stabilised against the dollar, after the Central Bank introduced a new forex window for Investors and Exporters. The stability has attracted billions of dollars in portfolio investments since April 2017.<\/p>\n

3.<\/strong> On the back of a stable Naira and increased investment inflows, Nigeria\u2019s stock market emerged one of the best-performing in the world, delivering returns in excess of 40 percent.<\/p>\n

4.<\/strong> Nigeria saw bumper food harvests, especially in rice, whose local production continues to rise significantly (States like Ebonyi, Kebbi, Kano leading the pack, with Ogun joining at the end of 2017). The price of a 50kg bag of rice \u2013 a staple in the country \u2013 has fallen by about 30 percent since the beginning of 2017, as local production has gone up.<\/p>\n

5.<\/strong> The Federal Government launched a 701 billion Naira Intervention Fund (\u2018Payment Assurance Programme\u2019) aimed at supporting power generation companies to meet their payment obligations to gas and equipment suppliers, banks and other partners. The impact is being felt, the amount of power being distributed is now currently steady at around 4,000MW \u2013 higher than previously recorded.<\/p>\n

6.<\/strong> The Federal Government began paying pensions to police officers who were granted Presidential pardon in 2000 after serving in the former Biafran Police during the Nigerian Civil War. These officers, and their next of kin, have waited for their pensions for 17 years since the Presidential pardon.<\/p>\n

7.<\/strong> Nigeria rose 24 places on the World Bank\u2019s Ease of Doing Business rankings, and earned a place on the List of Top 10 Reformers in the world.<\/p>\n

8.<\/strong> Nigeria\u2019s foreign exchange reserves grew by $12 billion, reaching the highest level since 2014. Nigeria also added, this year, an additional $250m to its Sovereign Wealth Fund. Also, Nigeria\u2019s trade balance crossed over into surplus territory, from a deficit in 2016.<\/p>\n

9.<\/strong> Nigeria successfully issued two Eurobonds (US$4.5bn), a Sukuk Bond (100 billion Naira), a Diaspora Bond (US$300m), and the first Sovereign Climate Bond in Africa, raising billions of dollars for infrastructure spending.<\/p>\n

10.<\/strong> The Federal Government launched a Tax Amnesty scheme expected to raise hundreds of millions of dollars in additional revenues when it closes in March 2018.<\/p>\n

11.<\/strong> The Federal Government successfully commenced implementation of a Whistleblowing Programme that has so far seen recoveries of tens of millions of dollars.<\/p>\n

12.<\/strong> The Social Investment Programme \u2013 Nigeria\u2019s most ambitious social welfare programme ever \u2013 rolled out across dozens of states. (Currently, 5.2 million primary school children in 28,249 schools in 19 states are being fed daily; 200,000 unemployed graduated enlisted into the Npower Job Scheme, and a quarter of a million loans already distributed to artisans, traders, and farmers).<\/p>\n

13.<\/strong> The number of Nigerians facing food insecurity in the northeast dropped by half, according to the Food and Agriculture Organization (FAO).<\/p>\n

14.<\/strong> The Nigeria Customs Service recorded its highest-ever revenue collection, crossing the One Trillion Naira (N1,000,000,000) mark. [The target for 2017 was 770 billion Naira (N770,573,730,490); 2016 Collection was just under 900 billion (N898,673,857,431.07)]\n

15.<\/strong> The Joint Admissions and Matriculations Board (JAMB), under the new management appointed by President Buhari in 2016, remitted 7.8 billion Naira to the coffers of the Federal Government. The total amount remitted by JAMB between 2010 and 2016 was 51 million Naira.<\/p>\n

16.<\/strong> 2017 was also the Year of Nigeria\u2019s Agriculture Revolution, embodied by the successes of the Presidential Fertiliser Initiative (PFI) and the Anchor Borrowers Programme. More than a dozen moribund fertilizer blending plants were revived under the PFI this year.<\/p>\n

17.<\/strong> Finally, 2017 will be the Year that laid the foundation for a 2018 that will be Nigeria\u2019s Year of Infrastructure. A number of important infrastructure projects, in power, rail and road, are scheduled to come on-stream or inch close to completion next year.<\/p>\n

 <\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

December 29, 2017: The Presidency has released a list of 17 things it achieved in the year 2017. By President\u2019s Special Adviser on Media and Publicity, Femi Adesina. The Presidency described 2017 as the year Nigeria exited its worst recession in decades, the year the country rose 24 places on the World Bank\u2019s Ease of […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[48],"tags":[],"class_list":["post-5507","post","type-post","status-publish","format-standard","hentry","category-politics","entry"],"yoast_head":"\nSee the lists of 17 Achievements Of Presidency In 2017<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nigerianews.ca\/see-lists-17-achievements-presidency-2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"See the lists of 17 Achievements Of Presidency In 2017\" \/>\n<meta property=\"og:description\" content=\"December 29, 2017: The Presidency has released a list of 17 things it achieved in the year 2017. 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