The Impact of Olusegun Obasanjo’s Government in Nigeria and Yoruba Land
Olusegun Obasanjo is the most performed and ever progressive leader we ever had in the history Nigeria since the time of our independence in 1960 till this present day.
Chief Olusegun Obasanjo is the first person to rule Nigeria under military and democratic government and he did well in both regime,
Here are some of the impact of Obasanjo regime as the president of Nigeria:
Obasanjo brought in GSM Mobile Telecommunication into Nigeria this is the greatest achievement any Nigerian leaders ever had so far.
Obasanjo launches Nigeria first sattelite space, Nigeria Sattelite 1 which ensure good internet and mobile telecommunication system.
The economy of Nigeria was improved under OBJ
Nigeria’s GDP was growing by 7% under OBJ which was formerly 2% in 1999 when he took over from Abdusalam despite selling oil at $30 per barrel. Obasanjo raised Nigeria’s Excess reserves from $2 billion in 1999 to $45 billion before he handed over the power to Yar’adua in 2007.
Obasanjo secured $18 billion debt pardon from London and Paris club. Under Obasanjo regime Nigeria debt was reduced from $35 billion to $5 billion. Obasanjo appealed for the admission of Nigeria into commonwealth nations after Nigeria was expelled from it during Abacha regime.
Stability of Democracy;
To ensure the stability of our young democracy in his first democratic regime
Obasanjo instituted compulsory retirement for Nigerian Military Generals which could plot a coup
and lead us back to military
Obasanjo built Nigeria’s best and highest capacity stadium, the Abuja National Stadium.
Obasanjo formed anti-corruption agencies such as EFCC and ICPC
and were most effective under his administration than ever.
Obasanjo increased our power generation capacity from 2500 in 1999 to 4000mw.
Reformation of banking;
Reformation and consolidation of Banking sector which reduces liquidation of banks, and produces more job for Nigerian youth.
Obasanjo increased minimum wage of Nigeria workers to #7,500
Obasanjo formed the Nigeria National Petroleum Commission (NNPC).
OBJ built 2 refineries for Nigeria when he was the military president. He instituted the local content
initiative in the oil and gas sector this has created and is still creating more jobs for the people in the country.
Obasanjo encourages commercial farming by establishing his own
farm at Ota Ogun State which is a very good example for Nigerian to follow, he also incorporated the operation feed the nation, which as grealy facilitate agriculture and farming in Nigeria today.
Obasanjo created more Job opportunity than any other time in Nigeria’s history with the Telecommunication.
Poverty Eradication programmes through National Poverty Eradication Program (NAPEP).
Federal Capital Territory (FCT);
Development of federal capital territory Abuja city under Mallam Nasir El Rufai as minister which revert the earlier set master plan.
Culture and tourism;
Obasanjo constructed Nigeria’s National
theatre which gives the country good images around the world. He also organise FESTAC 77 which
showcase the cultural heritage of Nigeria to the world.
Obasanjo lunches National Health Insurance Scheme (NHIS) a corporate body established to provide access for all Nigerian and legal resident to effective, quanlitative and affordable
healthcare without financial barriers.
He reformed National Agency for Food and Drug
Administration and Control (NAFDAC) through Prof. Dora Akunyili, who was passionate about her job to tackle fake and illegal drugs in Nigeria.
Obasanjo establish Federal road maintenance agency (FERMA)
Upgrading of Nigeria security and civil defence Corps (NSCDC)
OBJ created enabling environment for investors into Nigeria.
Obasanjo has done so well for Nigeria but one of the major problems in this country is lack of continuity of good work from his successors.
Written by a Concerned Nigerian.