The Presidency has been thumping its chest and celebrating its successes as it enumerates the achievements of the Muhammadu Buhari administration since 2015.
According to a statement by Mr Femi Adesina, Special Adviser on Media and Publicity to the President, Buhari gave assent to the Petroleum Industry Bill (PIB).
Adesina further said Buhari had recently declared a N287 billion profit after tax by the Nigerian National Petroleum Corporation (NNPC), which was the first in the over 40 years of the corporation.
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The presidential spokesman equally said the Buhari administration initiated the country’s first National Social Investment Programme, which is now Africa’s largest and also one of the largest in the worlds.
He also emphasized the government budget’s return to a January-to-December cycle, which had been missing for more than a decade.
He noted that “Finance Acts 2019 and 2020 – the first time ever that Federal Budgets are being accompanied by dedicated and specific reform legislation to support implementation. Discrimination Against Persons With Disabilities (Prohibition) Act, 2018: Another unprecedented piece of legislation in Nigeria. Treasury Single Account (TSA) started in 2012, expanded across the entire Government by President Buhari”.
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On projects, he said that Buhari is the first President in Nigerian history to initiate and finish a rail project, using the Lagos-Ibadan rail project as an example.
He added that the President has completed 12 inherited dam projects across the country, including the Kashimbila Multipurpose Dam in Taraba, the Ogwashi-Uku Multipurpose Dam in Delta, the Adada Dam in Enugu, the Sulma Earth Dam in Katsina, the Gimi Earth Dam in Kaduna, the Amla-Otukpo Dam in Benue, the Amauzari Earth Dam in Imo, the Ibiono-Ibom (rehabilitation) and embarked on the Lagos-Ibadan rail project from start to finish.
According to Adesina:
The Petroleum Industry Bill signed into law in 2021, after almost two decades in the works. It is aimed at reforming a Petroleum Act dating back to 1969, as well as other supplementary laws and regulations.
Deep Offshore and Inland Basin (Production Sharing Contracts) Act, 2019, amended for the first time since 1993.
More than 6 billion dollars of inherited Cash Call Arrears now were being cleared by the Buhari Administration, since 2016. More than 3 billion dollars of the arrears (payments due to International Oil Companies) have since been paid.
The Buhari Administration has overseen the first successful Marginal Fields Bid Round in almost 20 years.
The Buhari Administration has launched the first National Social Investment Programme in the country’s history. Today it is the largest Social Investment Programme in Africa and one of the largest in the world.
Restoration of the Federal Budget to a January-to-December cycle, after more than a decade.
The Nigeria Centre for Disease Control (NCDC) was established in 2011, and for its first seven years did not have an enabling Act of the National Assembly — Until 2018 when President Buhari assented to the NCDC Act.
Nigeria Police Act, 2020: The first overhaul of the Police Act since it was originally enacted in 1943
Nigeria Correctional Service Act, 2019 – overhauled the existing Prisons Act, almost 50 years after it was first enacted.
Finance Acts 2019 and 2020 – the first time ever that Federal Budgets are being accompanied by dedicated and specific reform legislation, to support implementation.
Suppression of Piracy and Other Maritime Offences Bill (SPOMO), 2019: The first of its kind in the entire Gulf of Guinea, dedicated to prosecuting maritime offences.
Police Trust Fund Act, 2019: First-ever legislation dedicated to addressing the financing of the Police Force
CAMA, 2020 – the first overhaul of the Company and Allied Matters Act (CAMA) in 30 years.
Discrimination Against Persons With Disabilities (Prohibition) Act, 2018: Another unprecedented piece of legislation in Nigeria
Treasury Single Account (TSA) started in 2012, expanded across the entire government by President Buhari.”
Adesina concluded his statement, saying that Itakpe-Warri train line, which began in 1987 but was abandoned for decades until being completed in 2020, is one of the major projects completed by Buhari’s administration.