The President Muhammadu Buhari has boasted that in six years, his regime has carried out higher than any authorities since 1999.
The present democratic dispensation started in 1999 and since then, Nigeria has had Olusegun Obasanjo, the late Umaru Yar’Adua, Goodluck Jonathan and him as presidents.
Buhari famous this on Friday in his nationwide broadcast to Nigerians to mark the nation’s 61st Independence Anniversary.
“Since coming to power, this administration has tackled our problems head-on in spite of the meagre resources.
“No government since 1999 has done what we have done in six years to put Nigeria back on track.
“We shall continue to serve the country: listen to all and protect our democracy and country,” Buhari boasted.
Using information gathered from Nairalytics, the analysis arm of Nairametrics, underneath the Buhari regime, the economic system has skilled rising meals inflation and forex inflation which have seen Nigeria’s GDP per capita fall to the extent it was 40 years in the past. These stood as the foremost propeller of distress.
Currently, his presidency is characterised by a excessive unemployment fee of 33.3% (This fall 2020) which neutralises the 0.51% GDP development fee (Q1 2021), a excessive inflation fee of 18.17% (March 2021) and prime lending fee of 11.24% in April. These positioned the distress rating at 62.2 index level.