BUHARI VS JONATHAN: A COMPARATIVE ANALYSIS IN POLICY AND ADMINISTRATION.
Dr Usman Isyaku
1. Unemployment Rate
a. Jonathan in 1st quarter of 2015 = 7.54%
b. Buhari in 3rd quarter of 2018 = 23.12%
Source: National Bureau of Statistics (NBS)
2. Annual GDP Growth Rate
a. Jonathan in 2014 = 6.31%
b. Buhari in 2018 = 1.94%
Source: World Bank
3. Foreign Reserves
a. Jonathan in 2014 = 37.2 billion USD
b. Buhari in 2020 = 34.78 billion USD (Expected to drop to 23.3 billion USD by December 2020)
Source: Fitch Ratings
4. Foreign Currency Exchange Rate
a. Jonathan in 2014 = 1 USD:171 NGN
b. Buhari in 2020 = 1 USD: 360 NGN
Source: Central Bank of Nigeria (CBN)
5. Inflation and Consumer Prices (Annual)
a. Jonathan in 2014 = 8.062%
b. Buhari in 2020 = 13.4%
Sources: World Bank and International Monetary Fund (IMF)
6. Debt Profile
a. Jonathan in 2nd quarter 2015 = 63.806 billion USD
b. Buhari in 4th quarter 2019 = 84.053 billion USD
Source: Debt Management Office (DMO)
7. Corruption Perception Index
a. Jonathan in 2014 = 136/198
b. Buhari in 2019 = 146/180
Source: Transparency International
8. Commodity Prices
a. Jonathan in 2014
(i) Petrol = 97.00 NGN per liter
(ii) Rice = 8,000 NGN per bag (Thailand)
b. Buhari in 2020
(i) Petrol = 145 NGN per liter
(ii) Rice = 15,000 NGN per bag (Nigerian)
Sources: Petroleum Products Pricing and Regulatory Agency (PPPRA) and Personal experience
9. Electricity Generation
a. Jonathan in 4th quarter of 2015 = 9,936 GWh
b. Buhari in 4th quarter of 2019 = 7,842 GWh
Source: Ceicdata
10. Budgetary Allocations of Critical Sectors
a. Jonathan in 2014
(i) Education =10.6%
(ii) Agriculture = 1.4%
(iii) Health = 6%
(iv) Works = 2.8%
(v) Power = 1.3%
(vi) Defence = 7.3%
(vii) Police = 6.5%
b. Buhari in 2020
(i) Education = 0.66%
(ii) Agriculture = 0.82%
(iii) Health = 0.64%
(iv) Works and Housing = 3.63%
(v) Power = 1.76%
(vi) Defence = 13.5%
(vii) Police = 5.4%
Sources: BudgIT and PricewaterhouseCoopers (PwC)
11. Annual Conflict Displacement
a. Jonathan in 2014 = 1.2 million in IDPs, 1.8 million new displacements
b. Buhari in 2019 = 2.3 million people in IDPs, 2.6 million new displacements.
Source: International Displacement Monitoring Center (IDMC)
12. Global Oil Prices
a. Jonathan, highest = 109.4 USD in 2012, lowest = 49.49 in 2015.
b. Buhari, highest = 69.78 USD in 2018, lowest = 39.48 in 2020.
c. Obasanjo, highest = 69.04 USD in 2007, lowest = 17.44 in 1999. This administration is added because of those who are creating excuses about low oil prices to justify non performance.
Source: Statista OPEC Oil Prices 1960-2020
Note: the inconsistency in comparative dates is due to data (non)availability.
0 Comments