Presidency reveals jinxes broken by Buhari’s administration

Presidency reveals jinxes broken by Buhari’s administration

The Presidency has listed numerous jinxes broken by the Buhari administration in recent times.

This was contained in a statement issued by the Presidency aide, Femi Adesina, on Sunday, September 5, in a special write-up in Abuja.

He stated that “a giant-sized jinx was broken recently when the Nigerian National Petroleum Corporation (NNPC) announced a first net profit in the 44-year history of the organisation.”

According to him, under President Buhari, who doubles as the Minister for Petroleum Resources, the oil conglomerate announced a first-ever profit of N287 billion, saying such had never happened before.

Also Read: Amaechi reveals pledge by FG to develop Bonny Port

He, however, observed that this feat was by no means the only major jinx broken by the Buhari administration.

The presidency aide listed other jinxes broken to include the “Petroleum Industry Bill signed into law in 2021, after almost two decades in the works.

“It is aimed at reforming a Petroleum Act dating back to 1969, as well as other supplementary laws and regulations.

“Deep Offshore and Inland Basin (Production Sharing Contracts) Act, 2019, amended for the first time since 1993.

“More than six billion dollars of inherited cash call arrears now being cleared by the Buhari administration, since 2016.

“More than three billion dollars of the arrears (payments due to International Oil Companies) have since been paid,“ Adesina said.

He also listed the completion of some major projects by the Buhari administration to uplift the quality of life of the citizens.

The Presidency said the projects included the Itakpe-Warri Rail Line, which started in 1987, was abandoned for decades and was finally completed in 2020.

Others are the completion of four standard gauge railway projects between 2016 and 2021: Abuja-Kaduna Rail Line; Abuja Metro Line; Itakpe-Warri Rail Line; and Lagos-Ibadan Rail Line.

According to him, Buhari is the first president to start and complete a rail project in Nigeria’s history – Lagos-Ibadan Rail.

“The last NLNG Train project (Train 6) was completed in 2008. President Buhari has successfully flagged off Train 7 construction.

“Apapa-Oshodi-Oworonshoki Expressway, undergoing full reconstruction for the first time since it was constructed in the late 1970s.

“Bodo-Bonny Bridges and Road: Construction finally kicked off in 2017; after several decades of planning, and three false starts.

“The long-awaited Ogoni Clean-Up kicked off under the Buhari Administration,’’ he added.




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