Nasir El-Rufai, the outgoing governor of Kaduna State, acknowledged that Nigeria’s economy grew noticeably during the second term of former president Olusegun Obasanjo.
E-Rufai stated that Obasanjo’s second term resulted in the most prosperous period of economic growth in Nigeria at a session at the Africa In the World conference on Friday in Stellenbosch, South Africa.
El-Rufai served as a minister under Obasanjo, the first president of the fourth republic to be freely chosen, from 1999 to 2007.
The former governor claimed that Obasanjo‘s administration was economically successful because it had good planning, and he added that it was fortunate because the price of crude oil increased.
We have a planning commission in Nigeria, but it hasn’t been as successful, he remarked.
“If you look at Nigeria’s economic trajectory, the most successful four to five-year period of economic growth, job creation, and decreased inflation was the period of President Obasanjo’s second term in 2003 to 2007, when for the first time the nation went back into proper integrated planning,”
