Shell Energy Entrepreneurs banner Yudala banner
Jonathan’s administration leaving good legacies behind, says Okonjo-Iweala

By News Express on 11/05/2015

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 1,908


Despite the economic challenges the country is facing, the outgoing administration of President Goodluck Jonathan is leaving some solid economic legacies for the incoming Buhari government, the Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has said.

Okonjo-Iweala, who spoke with newsmen yesterday in Abuja, dismissed as “absolutely untrue” allegations that the Nigerian economy is in ruins.

She highlighted what she described as the significant achievements of the administration in several sectors, saying:

“We cannot take away the fact that the Jonathan administration in spite of the challenges caused by 50 per cent decline in the price of oil has made a clear and measurable difference in many important areas and anyone who says nothing has been done and nothing is being left behind is being very unfair to facts and to history.

“Attempts to rewrite history will not stand. You cannot just wipe the slate clean for political reasons. We are not perfect but no one can take away the fact that we are leaving some good legacies behind.” 

The minister gave the following examples:

•The agricultural sector which has seen the rise in food production with attendant positive effect on food prices;

•The National Industrial Revolution scheme and the Automotive Policy whose implementation has led to the opening of factories for car manufacturing and assembly for the first time in the country

•Impressive rise in the cement production due to positive government policies; Nigeria is now a net exporter of cement

•Creation of about 1.4 million jobs a year out of the 1.8m needed

•Various job creation and job enhancement schemes such as Youwin which has seen the creation of over 27,000 jobs by young entrepreneurs  sponsored and trained by government for other youths; the Graduate Internship Scheme;

•Creation of the Nigerian Mortgage Refinance Company (NMRC) which is helping to create a mortgage market and is helping to provide affordable housing for Nigerians

•The recently launched Development Bank of Nigeria which will help to achieve strong growth of small businesses by providing SMEs, for the first time in recent memory, affordable interest loans of up to ten years.

•The support for the creative industries which has helped to strengthen the capacity of script writers, producers, directors and other professionals in the motion picture industry and led, in turn, to the production of higher quality films, and creation of more jobs.

Okonjo-Iweala advised politicians and opinion leaders not to talk down the economy because negative and unfactual comments on the economy can have negative impact the economy, the exchange rate and the stock market and reduced investor confidence.

“These negative and unsubstantiated comments are not wise because they can lead to what we do not want for the economy,” she said, adding:

“There is nothing wrong with factual assessments of the economy; I have always told Nigerians the truth about the economy. But sweeping and negative statements are not in the interest of the country. The statements being made by some personalities about the economy collapsing are not only incorrect they are also potentially dangerous.”

•Photo shows Okonjo-Iweala.

Source News Express

Posted 11/05/2015 9:51:40 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

 

You may also like...
Dimeji Bankole loses step mother •How Iyalode of...

NiMET predicts cloudy conditions and thunderstorms today across...

JUST IN: Saraki granted bail, trial adjourned

Aso Rock angry over Mugabe’s claim that Nigerians...

Isaiah Balat’s death shocking —JONATHAN

Umahi orders disarming of herdsmen in Ebonyi, relocation...

Gen Buratai Must Hear This: Beating of journalists,...

Abuja indigenes protest to Buhari over exclusion from...

Benue Killings: Absence of Governors, ‘critical stakeholders’ stalls...

Court orders MTN to pay ex-Nigerian operations manager...

Anguished Nigerian father raises alarm over alleged illegal...

EFCC goes after ex-VP Namadi Sambo, raids office...

 

Latest News FG queries Magu, Keyamo over corruption charges against CCT Chairman Israel, Iran clash over nuclear threat Exodus hits Ekiti community over fear of attack by herdsmen Nigeria in a state of uncertainty and confusion under Buhari — Cardinal Onaiyekan Boss Mustapha, Rotimi Amaechi have derailed; they should resign now: HURIWA Fulani herdsmen fighting us because Benue frustrated 1804 Jihad — Ortom ‘Kano Big Girl’ arrested for impersonation No crisis in Nigeria; country in safe, competent hands — Minister It was horrible working with Pinnick-led NFF — Oliseh Police nabs 3 over Zamfara killings Bayelsa soon to become hub for medical tourism, says Obasanjo ‘Black Panther’ smashes Box Office records

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (324,995 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (316,534 views) Shameless Genevieve Nnaji exposes breasts in public (253,148 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (207,803 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (194,157 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (186,790 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (162,252 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (145,601 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (139,861 views) Lagos plane crash: Journalist releases victims’ names (128,793 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (127,260 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (122,591 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (34) Business (2,894) Business Verdict (33) Columnists (802) Complaints & Requests (94) Enterprise & Opportunities (203) Entertainment (446) Features (548) Global Business Monitor (225) International (1,797) Interviews (143) Live Commentary (28) Love Matters (104) News (32,932) Opinion (883) Pidgin (10) Politics (4,503) Religion (677) Sports (1,434) Stock Watch (27) AMA & Al Jazeera Global Update

 

CBN Banner advert

CBN Words on marble

 

 

Football president George Weah puts Liberian army to the test

 

APO Group Partner

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement