PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY. (PHOTO).

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 PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY   President Bola Tinubu has congratulated the Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye, on his birthday.    A statement by Bayo Onanuga, Special Adviser to the President, Information and Strategy, indicates that the President describes Ambassador Enikanolaiye as a distinguished diplomat, accomplished administrator and dedicated public servant whose career reflects professionalism, patriotism and a deep commitment to Nigeria.   Ambassador Enikanolaiye served in the Ministry of Foreign Affairs from August 1982 to August 2017, rising through the ranks to become Permanent Secretary. He later served as Senior Special Assistant to the President on Foreign Affairs and International Relations before he was appointed Minister of State for Foreign Affairs.   President Tinubu commends the celebrant’s significant contributions to Nige...

OBASANJO'S SECOND TERM WAS NIGERIA’S BEST ECONOMICALLY- EL-RUFAI. (PHOTO).


Obasanjo’s second term was Nigeria’s best economically – El-rufai

A former Governor of Kaduna State, Nasir el-Rufai, on Friday said the second term of former President Olusegun Obasanjo was the “most successful” in terms of economic growth, job creation, and inflation rate in Nigeria.

El-Rufai said this on Friday during a session at the Africa In the World conference in Stellenbosch, South Africa.

According to him, oil prices began to rise during this period but the Obasanjo government did not waste the windfall, adding that Nigeria’s fiscal health was at its best in 2007, such that when the global financial crisis took place in 2008, the country did not feel it.

“If you look at Nigeria’s economic trajectory, the most successful four to five-year period of economic growth, job creation, and reduced inflation was the period of the second term of President Obasanjo in 2003 to 2007, when for the first time, the country went back into proper integrated planning and we also got lucky,” he said.

“Nothing was felt in Nigeria because Nigeria had a big savings account,” he said.

He added that Nigeria had huge reserves then and that the government was able to absorb the shock without any internal problems.

 

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