Economy: A Brief Analysis Of What Buhari Met Vs Would Be Leaving (IMF)

Written By Oshiobugie Omo-Ikirdoah

A very short analysis of what President Buhari administration met May 29th 2015 and what his administration would be leaving May 29th 2023.

Recall that Goodluck Ebele Jonathan was kicked out of office by majority of Nigerians who were annoyed with monthly fuel scarcity, corruption, unemployment rate, poverty amongst others.

President Buhari was elected by Nigerians with help of a united All Progressive Congress and a divided opposition as seen in 2023 election, People’s Democratic Party.

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GEJ handed power over to PMB on  may 29th 2015. Nigerians were so excited with hope of a better tomorrow as we heard stories of men travelling long kilometers on bicycle to congratulate the new President and “Messiah” while others were dancing and jubilating in gutters and refuse dump.

Now lets take a look at what Goodluck left for Buhari and what Buhari is about to leave for the president-elect, Bola Ahmed Tinubu economically.

2014- GDP Value: $568.5bn, GDP Growth: 6.31% , GDP per Capita: $3,223, Govt Rev: ₦9.86T, Inflation rate: 7.97%. (IMF)

2022- GDP Value: $477.4bn, GDP Growth: 3.26%, GDP per Capita: $2,202, Govt Rev: ₦17.8T, Inflation rate: 21.4%. (IMF)

Source: Bushradiogist