Why GEJ deserves another chance: Jonathans administration - TopicsExpress



          

Why GEJ deserves another chance: Jonathans administration diligently implemented its agenda for national transformation in priority areas, that includes the expansion of national infrastructure, agricultural development, and education among others. His administration successfully negotiated a strong Common External Tariff, CET, agreement with the Economic Community of West African States, ECOWAS, partners on the need to protect the country’s strategic industries from foreign domination. As a result of his administration’s backward integration policies, Nigeria moved from being a net importer to a net exporter of cement, with its production capacity growing from just 2 million metric tonnes in 2002 to about 28.5 million metric tonnes today. In fact, for the second year running, the UN Conference on Trade and Development, UNCTAD, has named Nigeria as the No.1 destination for investments in Africa. Apart from the production of over 8 million metric tonnes of additional food during the year, his administration was able to bring inflation down to its lowest level since 2008 partly due to higher domestic food production. The country’s food import bill was reduced from N1.1 trillion in 2011, to N648 billion in 2012, which has placed Nigeria on the path of food-sufficiency. Dr. Tomi Soboyejo.
Posted on: Fri, 19 Dec 2014 16:43:15 +0000

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