If you like combine Soludo, Bismarck Rewane, HRH SLS, Iweala and Ezekwesili...There is no short cut and no quick fix to our current situation...Anybody tells you the contrary is LYING from the pit of HELL!!!
I reiterate my projection that as from Q2 - 2017 we will begin to feel the impact of PMBs admin effort, the numbers will begin to move from negative to positive and these will become very NOTICEABLE
If you ask what the present administration has done so far...well here are some FUNDAMENTAL ANSWERS:
1) Winning the war on insurgency and fighting corruption, creates avenues for economic policies to thrive
2) NNPC is now a profit making company, for the first time in 15yrs they reversed LOSSES of N35b to PROFIT of N274m
3) The total enforcement of TSA has so far accumulated N3tr plus
4) Investment in infrastructure is a record in this years budget and N350bn is being injected every quarterly from budget approval, the reason many contractors have gone back to work (although I must admit that they should pump in more money in here)
5) The efficiency unit of the ministry of finance cutting federal Government operational costs such as travel restrictions, prohibiting souvenirs and bags for ceremonies, eliminating ghost workers and auditing MDAs operational costs is saving the FG over N100bn per month
6) FIRS & Customs made it possible that in the month of June 70% of FAAC was non-oil revenue
7) Excess Crude Account added $1.6 billion dollars making a current balance approximating $4 billion dollars
8) N500bn social welfare package to feed children in school, vocational training, empowerment of artisans, farmers market women...etc
8.a FG from the above already paid into BOI - Bank of Investment N150b specifically to empower women
9) FSP - Fiscal sustainability plan...what that is...is sort of a contract btw the States & the Federal Government around moving on a journey towards fiscal discipline...what the FSP does is that it has 22 points of reforms and those reforms will move states along this line towards fiscal discipline
10) National consultation by the Economic Management Team to draft a MTEF - Medium Term Economic Framework corresponding to the fiscal years 2017 - 2019.
#Buharinomics
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