Let us remind ourselves how Nigéria was as at 1999. Just so we do not forget; Nigeria was a pariah state lucky to have survived as one indivisible sovereign, especially in the context of the struggle by NADECO, death of MKO
Nigeria was listed among four countries that were non-compliant on the anti-money laundering rules by the Financial Action Task Force (FATF).
“The 1990s will go down in our economic history as the decade of stagnation: when per capita income growth was zero.” Soludo
In 2001, N6.4b was needed for payment of military pensions but only N2.1b was released, leaving a balance of N4.3b
GDP growth rate averaged 6% over last 12 years of PDP rule with a relatively more diversified economy against the 2% growth level of 1999
ICT penetration rise from 0.2% in 99 to over 60% as 2014
PDP created the two major anti-corruption agencies— ICPC and EFCC
As at 2014 TI scored Nigeria 2.7 and ranked 136 out of 175 countries against 1.6 out of 10 and ranked 98 out of 99 countries in 1999
Created Excess Crude Account for saving revenue windfalls to manage fluctuations transparently
Created the Debt Management Office and enacted the Fiscal responsibility Act for sustainable debt management
Consolidation moved Nigeria from 89 banks to 25 banks that is enabling economic growth and expanding globally