Created 1.6 million new jobs under various programmes including the Community Service Scheme (CSS), Graduate Internship Scheme (GIS), Youth Enterprise with Innovation in Nigeria (YouWiN!) and the Subsidy Reinvestment and Empowerment Program (SURE-P).
Created 250,000 jobs in the agriculture sector by enabling Dry Season Farming in 10 Northern states.
Launched the National Industrial Revolution Plan (NIRP) to spearhead private sector-led industrialization by strengthening the value chain of various manufacturing industries.
Introduced SURE-P (The Subsidy Reinvestment and Empowerment Programme), which has created 185,000 jobs across the country.
Lowered government fiscal deficit from 3.35% of GDP in 2010 to 1% in 2014.
Enhanced transparency in government financing through the publication of monthly FAAC allocations to Federal, States, and Local Governments.
Hosted the World Economic Forum on Africa for the first time in 2014, showcasing Nigeria’s impressive economic growth to a global audience and attracting further foreign investment.
Generated $68bn in Foreign Direct Investment, with notable projects including: Indorama’s $1.2bn fertilizer plant at Onne, Procter and Gamble’s $250mn consumer goods plant in Ogun, and SAB Miller’s $100mn brewery in Onitsha.
Tackled fraud in the oil subsidy regime, identifying N370 billion in fraudulent claims now targeted for recovery.
Spearheaded the YouWIN programme, aimed at creating youth employment and alleviating poverty. The programme will create 80,000 -110,000 jobs over 3 years.
Initiated the Community Works Programme to create 370,000 jobs in 3 years with all 36 states and the FCT benefitting.
Established the Nigeria Sovereign Investment Authority (NSIA) to manage the Sovereign Wealth Fund and oversee The Future Generations Fund, The Nigeria Infrastructure Fund and The Stabilization Fund.
Remarkable progress in building buffers against economic shocks. Excess Crude Account balances have improved from $4.22 billion in August 2011 to $7.3 billion in August 2012
Sovereign Wealth Fund successfully negotiated with Governors and launched Agreement with Governors to boost Excess Crude Account (ECA) to US$10 billion as buffer for hard times in event of further Global Economic downturn
Provision of N30 billion Guarantee to banks to enable the funding of fertilizer procurement, thus helping the Federal Ministry of Agricultural to replace the erstwhile subsidy programme with a new one that targets farmers directly.
The Initiation of Community Works Programme to create 370,000 jobs in 3 years with all 36 states + FCT benefitting.
Clean up of Police Pension Financial and Management issues and restructuring of Police Pension Payment System.0
Spearheading Ports Reform including reduction of number of agencies at the Ports from 13 to 7, streamlining of bureaucratic and financial requirements for clearance and decongestion of Apapa Road.
Arrangement of alternative financing to the tune of US$7.9 billion for 2012-2014 including ongoing negotiation with China for a US$3.5 billion concessionary facility for infrastructure development in the country.