Former president Goodluck Jonathan has revealed the state in which he handed over the Nigerian economy to President Muhammadu Buhari.

The former president stated that the Nigerian economy was the largest in Africa and worth a GDP of $574 billion as at when he handed over noting that he assumed office when the nation was only worth $270.5 billion in GDP and the second largest economy in Africa.


Jonathan also noted that in 2009 when he assumed office, Aliko dangote was the fifth richest man in Africa but had risen to be the Richest in 2005 before he handed over to Buhari.

While addressing other pressing issuues, Jonathan said: “the campaigns leading to the elections almost polarized the country into Christian versus Muslims and North versus South divide. Most world leaders were worried that our elections will result into major crisis. Some pundits even from here in the United States said that those elections would spell the end of Nigeria and that we would cease to exist as a nation because of the polls.

“That is where the leadership question comes into play. As a leader that was duly elected by the people, I considered the people’s interest first. How do I manage my people to avoid killings and destruction of properties? With the interest of the people propelling all the decisions I took, we were able to sail through.

“Indeed, we sail through because I refused to interfere with the independence of the Independent National Electoral Commission, INEC, having appointed a man I had never met in my life to run it. My philosophy was simple. For elections to be credible, I as a leader, must value the process more than the product of the process. And the citizens must have confidence in the electoral body.

“This rule of the law of process ensured that Nigeria’s peace, prosperity and progress was not derailed by the conduct and results of the 2015 elections and I am proud to say that while I took over a Nigeria that was the second largest economy in Africa with a GDP of $270.5 billion in 2009, I handed over a Nigeria that had grown to become the largest economy in Africa and the 24th largest economy in the world with a GDP of $574 billion.”

He said he inherited a Nigeria in which the trains were not working, and handed over a Nigeria in which citizens can safely travel by trains again, adding that

He further stated: “I inherited a Nigeria that was a net importer of cement, and handed over a Nigeria that is a net exporter of cement. In 2009 the richest Nigerian was the 5th richest man in Africa, but I handed over a Nigeria that produced the richest man in Africa.

“These are but a few of the parameters that illustrate some of the economic transformations we engineered during my term in office. This was made possible by the fact that there was a stable political leadership in Nigeria that did not have to pander to any other constituency except the electorate who brought me to power. And these actions have a contagious effect.”



  1. So we should overlook the stolen trillions that impoverished the nation? Nonsense talk!
    He can talk cos he’s enjoying undeserved ‘immunity’

  2. Paperwork GDP that impacted only those in government and perhaps the party in power and her loyal entities; never the common man by way of employment, social services such as education and health care delivery. In the most, infrastructures remained dilapidated, therefore the economic gurus of that era are yet to define what the nation really had, a bouncing or a floundering economy replete In corruption and gross abuses. The administration left a bad taste on most nationals as the the events that followed actually told the whole story. There was some honour in bowing out gracefully and that was commendable.

  3. I believe GEJ’s claims. He worked ! And he had an economic team that, if the truth must be told, is quite superior to what PMB has assembled. However, another undeniable truth is dat GEJ was so weak in tackling corruption. In fact, it would appear dat he didn’t see corruption as corruption.
    But what of PMB’s men ? What guarantee is there dat if the searchlight is beamed on them, they will be cleaner or holier than GEJ and his men. In fact. I believe Britain’s Cameron dat Nigeria (most of us) is fantastically corrupt

  4. I think datz a risk we have to take @ Chris and remember once we start enjoying d fruit of change and I pray and hope we do sooner rather than later we will forget this hard times as for GEJ. He should go and sit down d only comme.dable thing he did was handing over without blood shed.

  5. I still have a lot of respect for President Jonathan, in spite of his errors (no one is above errors and I think he was largely misled by his advisers/counsellors who were supposed to help him succeed as a leader). Posterity will give him his deserved credit for the singular act of making all prophecies of doom concerning the Nigerian Nation ‘come to naught’. The learning point for current and future leaders should be that nothing lasts forever except the blessings of God. How much money do you want to have to make you totally happy and fulfilled? We all came empty to this world and no matter what we have or have attained, we will also depart empty. It is the impact we make and the values we leave behind that matters. Hear oh son of man, “the summary or the essence of life is for all of us to walk in the utmost fear of God and obey all His dictates for the betterment of mankind”.

    • It is only a bad worker that will blame his tools for his bad workmanship. Get is intricately weak and corrupt hence he cannot see how bad his advisers were.There is no excuse for him.

  6. GEJ. Its a pity that Nigerians do not read between the lines as events unfolds. Your coordinating minister of Finance OKONJO IWEALA used to make some utterances like (Nigeria economy gives me sleepless night). The following day she turns around to say all is well – that is probably after GEJ have called her to order. She knew a lot of things are going wrong. So, Mr ex President, all these your quote about 270 and 576 billion are all from the blues. Also when the then CBN Governor was shouting about unremitted funds you simply kicked him out of office. Today, there is still the issue of NNPC not remitting some money. So Mr. Ex president, please look for something else to say.

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