Buhari support group in Diaspora lists, lauds FG’s achievements in three years
By Pam Moses.
The Buhari Diaspora Support Organisation (BDSO) has expressed satisfaction with the progress made within three years of the Buhari administration which has justified the confidence Nigerians had in President Muhammadu Buhari when he was overwhelmingly elected as president in 2015.
BDSO said that under Buhari, the economy has bounced back after the recession of 2016-17 with about 1.95 percent growth in the first quarter of 2018.
The group lauded the Buhari administration’s priority sectors of agriculture and solid minerals, which have maintained consistent growth throughout the recession.
In a statement signed by the group Coordinator, Mr. Charles Efe Sylvester, the group listed the economy, security, power as among areas where the president has excelled. BDSO also said that Buhari’s achievement in agriculture, foreign reserve, nPower programme, exports promotion, first quarter of 2018, infrastructure economic growth plan, Diaspora bond. Small and Medium Enterprises, ease of doing business, enterprise programme, security and anti corruption, Treasury Single Account is unparalleled.
The group said that progress is been made to provide security in the country with the procurement of equipment to fight insurgency, which has led to the decimation of the capacity of the dread Boko Haram to strike in any part of the country.
The statement said, “As of April 2018, inflation has fallen for the fifteenth consecutive month, from 18.7 percent in January 2017 to 12.5 percent, while external reserves of US$47.5 billion are the highest in 5 years, and double the size as of October 2016. Needless to say that total exports in 2017 were 59.47% higher than for 2016; in 2017, agriculture exports grew 180.7% above the value in 2016, in 2017, raw material exports grew 154.2% above the value in 2016; in 2017, solid minerals exports grew 565% above the value in 2016, while in 2017, exports of manufactured goods grew 26.8% above the value in 2016
“We have noticed a quarterly increase in the first quarter of since the second of 2017 down to the first quarter of 2018.
“The new FX Window introduced by the CBN in April 2017 now sees an average of US$1 billion in weekly turnover, and has attracted about US$25 billion in inflows in its first year (and a total turnover of $47.14 billion) – signalling rising investor confidence in Nigeria.
BDSO said that the Buhari administration has brought stability in the foreign exchange market, while achieving stabilizing the macroeconomic environment; agriculture and Food Security;Ensuring energy efficiency (especially in power and petroleum products);Improving transportation infrastructure; and Driving industrialization, primarily through SMEs.
The statement concluded, “In all the Buhari administration has done excellently despite the overwhelming challenges that was inherited from the Previous administrations.
We call on all Nigerians to unite and support president Buhari in the fight between the forces of good against the forces of evil and vote overwhelmingly for Buhari in 2019.
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