Thread by @segalink

If they can edit broadcast on their media laterine and order media blockade why won’t they try to influence NBS? They want all institutions balkanized and subjugated before their graven image. #NeverAgain

https://twitter.com/mobilepunch/status/1074594822227398663

I believe it is imperative we examine President @MBuhari’s Promises as against what is obtainable in reality don’t you think? Even if it is just an empirical overview? 🤔

In the spirit of Education let us look at each heading as report only what is obtainable with references that would aid fact checkers while we raise our argument to Objective level beyond the reach of e-rodents and Online herders who may be lurking to misconstrue to spread lies.

No doubt Poverty is Growing 😞
Nearly 80% of Nigeria’s 190 million people live on less than USD 2 a day. In 2009, poverty in Nigeria remained unchanged, compared to the year 2003, at 53.5% of all Nigerians.

Source: afdb.org/en/countries/w…
Source: knoema.com/atlas/Nigeria/…

Economic Growth remains Weak 😟
Economic growth in Nigeria fell from 4.0% in Q1 2015 to less than 1.9% in Q3 2018.

Source: GDP Report Q3 2018, Nigerian National Bureau of Statistics, page 3.

Poor Economic Prospects compared to the Rest of Africa
Economic growth in Nigeria “is projected to be weaker than the average of the continent”.

Source: African Development Bank, African Economic Outlook 2018, page 4.

Poor Output in the Oil Sector 🤢
Oil production in Nigeria went down from 2.05 million barrel per day in Q1 2016 to 1.94 million in Q3 2018. This represents a drop of 5.4% in spite of rising oil prices.

Source: GDP Report Q3 2018, Nigerian National Bureau of Statistics, page 4.

Lower Revenues from the Oil Sector 💴
As oil production went down since Q1 2016 by 0.11 million barrel per day, this represents a loss in oil revenues of 6.6 million USD per day at a current price for crude oil at around 60.25 USD per barrel.

A Declining Oil Sector
In spite of a recovery of the prices for crude oil on the int’l markets, the 🇳🇬 oil sector is declining. Economic growth in the sector contracted by 2.9% in Q32018. Oil refining even contracted by 17.4% in Q32018.

Source:GDP Report Q32018, 🇳🇬 NBS, p26/31.

Low Growth in Nigerian Farming
Real growth in the agricultural sector went down from 3% in Q1 2016 to 2% in Q3 2018. In Q2 2018 it was even below 1.5%. 😳

This way, the GMB regime is responsible for the decline of Nigeria’s most important economic sector as agriculture alone represents more than a quarter of Nigerian GDP.

Source: GDP Report Q3 2018, Nigerian National Bureau of Statistics, page 9.

Poor results in Crop Production 🤒
🇳🇬 needs a strong crop production for making the country less reliant on expensive imports. Growth in crop production, however, went down from 3.5% in Q1 2017 to 1.87% in Q3 2018.

Source: GDP Report Q3 2018, Nigerian NBS, pg 21.

A Suffering Textile Industry 🤧
Nigerians badly need textile, apparel and footwear. Under President Buhari however, this sector did not meet the needs of the population. In Q3 2018, economic growth in the textile sector was at only 1.04% in real terms.

This means that the Nigerians still depend on expensive imports.

Source: GDP Report Q3 2018, Nigerian National Bureau of Statistics, page 34.

Nigeria Suffers from a Lack of Water Supply and a Bad Waste Management. Water supply, sewage, waste management and remediation are key sectors for making Nigeria a better and a more proper country.

However, economic growth in this sector was at a poor rate of 2.32% in real terms in Q3 2018. In Q1 2017, real growth was at 12.63%.

Source: GDP Report Q3 2018, Nigerian National Bureau of Statistics, page 45.

A Declining Real Estate sector
Nigerians urgently need better housing. Under President Buhari however, the real estate sector declined instead of showing a strong growth.

The real estate sector declined by 2.68% in Q3 2018 as it declined in every quarter since Q1 2017 at least.

Source: GDP Report Q3 2018, Nigerian National Bureau of Statistics, page 65.

Public Administration is going down 👿
Nigeria deserves a well-functioning public administration. Instead of modernizing public authorities, the sector went down. In 2018, the public administration sector will continue to decline.

Economic growth recovered to a negative rate of 0.95% in Q3 2018 after showing a negative growth of 5.21% in Q2 and a negative growth of 1.72% in Q1.

Source: GDP Report Q3 2018, Nigerian National Bureau of Statistics, page 68.

Education is neglected 🤕
Education is a major key for success in your personal life. Everybody knows it except the Buhari government/regime.

Education contracted by 0.42% in Q3 2018 as it contracted in Q2 2018 and three quarters of 2017. Nigeria deserves a better education sector.

Source: GDP Report Q3 2018, Nigerian National Bureau of Statistics, page 69.

Exchange rate sharply declined 😩
On 29 May 2015, the day president Buhari was sworn in, you had to pay 199 Naira for buying 1 US Dollar. Nowadays, you need 363 Naira, 1.8 times more.

Therefore, the current presidency has been a costly experience for all Nigerians who want to buy import goods.

Source: xe.com/de/currencycon…

Unemployment exploded🔥
At the end of GMB’s term, unemployment is 1.8 times higher than at the beginning. In 2015, unemployment in Nigeria was at 9.0% of total labour force. Nowadays, 16.5% of the Nigerian labour force does not find a job.

Source: knoema.com/atlas/Nigeria/…

You can add yours here as well as contrary views to avoid boring you with similar tales of woes. We don’t need any #NextLevel of failure but a consensus on how to avoid further ruin of our fatherland. Emphasis must be placed on credible elections. #ElectoralBill