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iBMC @iBMC4PMB
, 7 tweets, 2 min read Read on Twitter
1. Why are we so passionate about a renewed PMB/PYO ticket? Follow us on this thread of facts on some of their achievements in one term: Released over N100 Billion to settle outstanding pension arrears including those for Nigeria Airways and NITEL. Ponder on the impact of this
2. Extended more than N2.0 Trillion to State Governments to enable them meet salary & pension obligations.
3. Maintained consistent growth in the Agric & Solid Minerals sectors throughout the recession.
4. NSE ended 2017 as one of best performing in world with returns over 40%.
5. Added 5 Million new tax payers to Tax Base since 2016
6. 51% increase (N 1.17 Trillion) in tax revenue from Q1 2017 to Q1 2018
7. Revitalised 14 moribund Blending Plants with a total capacity of 2.3 Million MT of NPK fertilizer.
8. Spent a record N 2.7 Trillion allocation on infrastructure in 2016 and 2017 fiscal years
9. Increase in contribution of Solid Minerals to Federation Account from N700 Million in 2015 to N3.5 Billion in 2017.
10. Highest external reserves of the last five years at over $43.5B.
11 Exiting recession in record time
12. Cancellation of controversial Offshore Processing Arrangement (OPA) & replacement with a 'Direct Sales & Direct Purchase (DSDP)' scheme with reputable offshore refineries.
13 Negotiated savings of $1.7Billion from $6.8Billion accumulated in Cash Call arrears (as of December 2015) by NNPC in its Joint Ventures (JVs) with IOCs
14 Attracted inflows of more than $45 Billion in its first year of operation as a result of new FX Window
15 Achieved Foreign Exchange Stability
16 Improved World Bank's Ease of Doing Business rankings, moving 24
places up.
PMB/PYO silently straightening all the crooked paths in Nigeria. #FactsAboveLies. Source Next Level Scorecard.
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