Goodluck Jonathan Vs Muhammadu Buhari, The Real Situation of Things — Chidi Cali

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  1. External Debt Profile.
    a. Goodluck Jonathan in May 2015 = 9.4 billion USD.
    b. Buhari in December 2019 = 27 billion USD April 2020. Expected to rise to 34.1 billion in Dec 2020.
    Source: Debt Management Office (DMO). WorldBank.
  2. Annual GDP Growth Rate
    a. Goodluck Jonathan in 2014 = 6.31%
    b. Buhari in 2018 = 1.94%
    Source: World Bank
  3. Foreign Reserves
    a. Jonathan in 2014 = 37.2 billion USD
    b. Buhari in 2020 = 35.7 billion USD Oct (Expected to drop to 23.3 billion USD by December 2020)
    Source: Fitch Ratings.
  4. Foreign Currency Exchange Rate
    a. Jonathan in 2014 = 1 USD:171 NGN
    b. Buhari in 2020 = 1 USD: 480 NGN
    Source: Central Bank of Nigeria (CBN)
  5. Inflation and Consumer Prices (Annual)
    a. Jonathan in 2014 = 8.05%
    b. Buhari in 2020 = 13.4%
    Sources: World Bank and International Monetary Fund (IMF). CBN.
  6. Average Unemployment Rate.
    a. Jonathan in 1st quarter of 2015 = 7.54%
    b. Buhari in 3rd quarter of 2018 = 23.12%
    Source: National Bureau of Statistics (NBS).
  7. Corruption Perception Index
    a. Jonathan in 2014 = 136/198
    b. Buhari in 2019 = 146/180
    Source: Transparency International.
  8. Prices of Goods.
    a. Goodluck Jonathan in 2014
    (i) Petrol = N87.00 per liter
    (ii) Rice = N7,400 per bag (Thailand)
    b. Buhari in 2020
    (i) Petrol = N162.44 per liter
    (ii) Rice = N34,000 (Nigerian)
    Sources: Petroleum Products Pricing and Regulatory Agency (PPPRA) and Personal experience. Commodity market
  9. Actual Electricity Generation.
    a. Jonathan in 4th quarter of 2015 = 9,936 GWh
    b. Buhari in 3rd quarter of 2020 = 8.034 GWh
    Source: Ceicdata
  10. Budgetary Allocations of Critical Sectors
    a. Jonathan in 2014
    (i) Education =10.6%
    (ii) Agriculture = 1.4%
    (iii) Health = 6%
    (iv) Works = 2.8%
    (v) Power = 1.3%
    (vi) Defence = 7.3%
    (vii) Police = 6.5%
    b. Buhari in 2020
    (i) Education = 0.66%
    (ii) Agriculture = 0.82%
    (iii) Health = 0.64%
    (iv) Works and Housing = 3.63%
    (v) Power = 1.76%
    (vi) Defence = 13.5%
    (vii) Police = 5.4%
    Sources: Ministry of Finance, BudgIT and PricewaterhouseCoopers (PwC)
  11. Annual Conflict Displacement
    a. Jonathan in 2014 = 1.2 million in IDPs, 1.8 million new displacements
    b. Buhari in 2019 = 2.3 million people in IDPs, 2.6 million new displacements. 4.9 million in 2020.
    Source: FEMA, International Displacement Monitoring Center (IDMC).
  12. No of states under Occupation or Attack by Terrorists.
    a) Jonathan: 3 states and selected attach in Abuja and Kano.
    b) Buhari: All the 36 states are under attack, Abuja including ASO Rock are unsafe. All the highways are controlled by Boko Haram, Herdsmen, Bandits, Kidnappers and Militias.
    Sources: FEMA.
  13. Global Oil Prices
    a. Jonathan, highest = 109.4 USD in 2012, closing = 49.49 in May 2015.
    b. Buhari, highest = 77.41 USD in 2018, current = 51.3 in December 2020.
    c. Obasanjo, highest = 69.04 USD in 2007, lowest = 17.44 in 1999. This administration is added because of those who are creating excuses about low oil prices to justify non performance.
    Source: Statista, OPEC Oil Prices 1960-2020.
  14. Poverty
    a. Jonathan. 2012-2014 Nigeria attended 85% in food sufficiency. Storages were built to preserve food stuffs for rainy days.
    b. Buhari. Nigeria was named poverty capital of world, overtaking India, Sudan, Ethiopia, Afghanistan, Yemen and Syria.
    Sources: FAO, Brooking Institution and World Bank Group
  15. Economic Outlook.
    a. Goodluck Jonathan. 2014, Nigeria was the 3rd fastest growing economy in the world. The number one investment destination in African.
    b. Buhari. 2020, Nigeria is the 49th fastest growing economy in the world and number 23 investment destination in Africa.
    Sources: Brooking Institution, CNN Money, World Poverty Clock.
  16. The Real Situation.
    a. Goodluck Jonathan. Nigeria had a president. Visible and speaks to Nigerians and the International community.
    b. Buhari. Nigeria have a president that is only visible on Newspapers, Television and pre-recorded speeches. Governance taken over by pockets of rogue minded cabals with the objective of washing and drying up Nigerian resources and investing and transferring the remaining to Nigèr Republic and fringe countries.

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