Facebook Twitter Instagram
    Trending
    • Zoom Cuts 15% Of Staff In Post-Pandemic ‘Reset’
    • Harry And Meghan To Be Questioned In Samantha Markle Defamation Case
    • LeBron James Breaks NBA All-Time Scoring Record
    • Earthquake: Syrian Government Asks For Help From EU
    • INEC Under Fire For ‘Liking’ Twitter Post Calling Peter Obi ‘Opportunist’
    • Old Naira: Supreme Court Suspends CBN’s Feb10 Deadline
    • UNBELIEVABLE! Osimhen Breaks Ronaldo’s Serie A Record
    • JAMB Cancels UTME Registrations Of 817 Candidates Over Impersonation
    Facebook Twitter Instagram YouTube
    Sync News NigSync News Nig
    • NEWS
      • Business & Economy
      • Politics
      • Banking & Finance
      • Tech & Innovation
      • Health
      • World
    • BRAND NEWS
    • SPORT
      • Football
      • Boxing
      • Basketball
    • ENTERTAINMENT
      • Celebrities
      • Music
      • Movies
    • FEATURED
    • TRAVELS & LIFESTYLE
      • Beauty &Health
      • Fashion
      • Food, Travel, Arts & Culture
      • Relationships & Weddings
    • SYNC TV
    Sync News NigSync News Nig
    Home»Featured»Presidency Lists 774,000 Jobs, Policies, Others As second-Term Achievements
    Featured

    Presidency Lists 774,000 Jobs, Policies, Others As second-Term Achievements

    Deborah AdegokeBy Deborah AdegokeAugust 21, 2020No Comments7 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The Presidency on Friday listed 35 policies, programmes and projects as the second-term achievements of the President, Major General Muhammadu Buhari (retd.).

    Buhari, who won his reelection in 2019 after defeating opposition Peoples Democratic Party’s candidate, Atiku Abubakar, with about four million votes in the February 23 poll, had on August 21 of the same year, inaugurated his second-term cabinet.

    The Presidency in a statement via its Twitter handle, @NGRPresident, on Friday, listed, amongst others, the “presidential assent to a landmark Bill amending the Companies and Allied Matters Act.”

    Buhari had on August 7 signed into law, the Companies and Allied Matters Bill, 2020. The bill which has been passed by the National Assembly replaced the 1990 CAMA.The controversial law has been rejected by the Christian Association of Nigeria which described as “satanic”, section 839 (1) and (2) of the law that empowers the supervising minister “to suspend trustees of an association (in this case, the church) and appoint the interim managers to manage the affairs of the association for some given reasons.”

    CAN Rejects CAMA, Claims FG Cannot Control Churches

    See full list of Buhari’s second-term achievements released by the Presidency:

    · President Buhari established new Ministries, including Police Affairs and Humanitarian Affairs, Disaster Management and Social Development, exactly a year ago, August 21, 2020.

    · The Budget Implementation Cycle was successfully restored to a January-to-December Calendar, with the signing of the 2020 Appropriation Bill in December 2019.

    · President Buhari signed into law a Finance Bill, to reform domestic tax laws, introduce tax incentives for investments in infrastructure and capital markets, and improve the business environment. It was the first time since the return of democracy in 1999 that a Federal Budget was accompanied by a passage of an enabling Finance Bill.

    · President Buhari approved a 10 billion Naira Intervention Fund for the upgrade of the Akanu Ibiam International Airport, Enugu. That project is now very close to completion.

    · President Buhari ordered a forensic audit of the Niger Delta Development Commission.

    · Nigeria rose 15 places on the World Bank Doing Business Index, to 131st position, from 146th, earning a place as one of ten top performing countries in the world.

    · President Buhari assented to the Deep Offshore (and Inland Basin Production Sharing Contract) Act, a landmark legislative reform which will generate hundreds of millions of dollars in extra government revenues annually.

    · President Buhari performed the ground-breaking for the University of Transportation in Daura, an investment by CCECC in Nigeria. On a similar note, Vice President Yemi Osinbajo performed the ground-breaking for a new Wagon Assembly Plant in Kajola, Ogun State, which will produce rolling stock for Nigeria’s new Rail Lines, and create jobs for thousands of Nigerians.

    · President Buhari approved the Financial Transparency Policy, mandating publication of Public Financial Information through an Open Treasury Portal.

    · Nigerian has a new Visa Policy, that will improve the business environment, attract innovation and FDI, boost tourism and improve African integration.

    · Nigeria commenced issuance of Visas on Arrival to all persons holding passports of African countries

    · President Buhari approved the commencement of the Community Policing initiative, and has approved a 13.3 billion Naira take-off grant.

    · Nigeria commenced Operation ‘Ex-Swift Response’, a multi-agency security operation to secure the nation’s land borders.

    · President Buhari flagged-off construction of the Ajaokuta–Kaduna-Kano gas pipeline.

    · President Buhari launched the Presidential Artisanal Gold Mining Scheme. 

    · President Buhari established the Economic Sustainability Committee, under the leadership of Vice President Yemi Osinbajo. The ESC has since developed the Nigeria Economic Sustainability Plan, a 2.3 Trillion Naira stimulus package to help cushion the effects of the Coronavirus pandemic. (Update below)

    · The Federal Executive Council approved the kick-off of pre-engineering phase (and payment of part counterpart funding) of the Presidential Power Initiative, a government-to-government deal involving the Nigeria, Germany and Siemens AG.

    · Final Investment Decision was reached on the US$10 billion Train 7 expansion of Nigeria Liquefied Natural Gas  Limited (in which the NNPC holds a 49 percent stake). This was followed by the signing of the engineering, procurement and construction contract for the project. The train 7 will expand NLNG’s capacity by 35 percent, and further position Nigeria as one of the leading producers and exporters of LNG in the world.

    · Commencement of payment of increased Allowance (33,000 Naira monthly) to NYSC members.

    · President Buhari established the National Humanitarian Coordination Committee, and the Presidential Task Force on Covid-19 .

    · President Buhari approved the release of a 10 billion Naira Grant to the Lagos State Government and a 5 billion Naira Grant to the Nigeria Center for Disease Control, to support the Coronavirus Response.

    · President Buhari signed an Amendment to Executive Order 8, the Voluntary Offshore Assets Regularization Scheme.

    · The Department of Petroleum Resources has commenced the bidding round for 57 Marginal Fields, the first such process in almost 20 years.

    · A National Special Public Works programme kicked off in the first quarter of 2020, with a successful pilot programme in eight States. It is now being expanded nationwide, and will provide employment and stipends for 774,000 young Nigerians – 1,000 beneficiaries per Local Government) for three months, starting October 2020.

    · The Itakpe-Warri Railway Line is now ready for operations. Construction commenced more than three decades ago, and then the project was abandoned for many years, until President Buhari took office. It has now been completed and is ready to commence commercial operations, as Nigeria’s “Central Line.”

    · Track-laying for the main section of the new Lagos-Ibadan Standard Gauge Railway Line was completed in March 2020, almost exactly three years after Vice President Yemi Osinbajo performed the ground-breaking ceremony for the project, on behalf of President Buhari.

    · The Nigeria Police Trust Fund, established by the President in 2019, has now been operationalised, with the appointment and inauguration of a Board of Trustees, and an Executive Secretary.

    · Nigeria defeated Polio – attaining, in Q3 2020, the status of being officially free from the Wild Polio Virus, for the first time in the country’s history.

    · No fewer than three private Modular Refinery projects have been completed in 2020, a clear manifestation of the success of the New Vision for the Niger Delta, President Buhari’s Peace, Security and Development Agenda for the oil-producing region of Nigeria. The Modular Refining element of the New Vision involves extending policy and financing support to private investors seeking to establish Modular Refineries.

    · The first of the dozen A-29 Super Tucano light attack, combat and reconnaissance aircraft ordered by Nigeria in a government-to-government deal with the United States successfully completed its inaugural flight at the production facility. The full fleet is scheduled for delivery in 2021.

    · President Buhari approved the establishment of a 75 billion Naira Nigerian Youth Investment Fund, to provide 5%-interest business loans to Nigerians aged between 18 and 35. 

    · The Central Bank of Nigeria launched a 50 billion Naira Household and SME support facility, to cushion the effect of the Coronavirus pandemic. As at July 2020, N49.195 billion has been disbursed, to over 92,000 beneficiaries.

    · Applications opened (and have now closed) for a new Batch of beneficiaries for the N-Power Jobs Scheme, a component of the National Social Investment Programme, overseen by the Ministry of Humanitarian Affairs, Disaster Management and Social Development. More than 5 million young Nigerians applied for the 400,000 places to be filled.

    · The Federal Government approved a new Policy for the promotion of local production of Bitumen and other construction materials In Nigeria.

    Source: Punch

    Presidency President Muhammadu Buhari
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Deborah Adegoke

    Related Posts

    Give Me Seven Days To Resolve Naira Woes- Buhari

    February 3, 2023

    Buhari’s Kano Visit: Protesting Youths Barricade Roads, Stone Helicopter

    January 31, 2023

    Suit Seeking To Sack Buhari To Be Delivered Monday

    January 29, 2023

    Leave A Reply Cancel Reply

    Recent Posts
    • Zoom Cuts 15% Of Staff In Post-Pandemic ‘Reset’
    • Harry And Meghan To Be Questioned In Samantha Markle Defamation Case
    • LeBron James Breaks NBA All-Time Scoring Record
    • Earthquake: Syrian Government Asks For Help From EU
    • INEC Under Fire For ‘Liking’ Twitter Post Calling Peter Obi ‘Opportunist’
    Recent Comments
    • buy cheap neurontin on TAJBank Launches e-Commerce Business ‘TAJMall’
    • FUCK SHEMALES on TAJBank Launches e-Commerce Business ‘TAJMall’
    • TRAVESTIS BAHIA on TAJBank Launches e-Commerce Business ‘TAJMall’
    • vivo slot on Ondo Deputy Governor Officially Resigns From PDP
    • lina on Edo 2020: Court Bars Gov. Obaseki From Participating In PDP Primary
    Archives
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • March 2021
    • December 2020
    • November 2020
    • October 2020
    • September 2020
    • August 2020
    • July 2020
    • June 2020
    • May 2020
    • December 2018
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Facebook-f Twitter Instagram
    • Banking & Finance
    • Business & Economy
    • Health
    • Politics
    • World
    • Tech & Innovation

    Copyright ©, 2020-2021 syncnewsng.com. All Rights Reserved