Most major governments coming out of economic was do not enjoy the positive effects of their sound policies, it was about 4-5 years that we started enjoying or experiencing the positive effect of the policy.
Nigeria's reserve between the Foreign Reserve and Excess Crude oil account, was USD #100billion in 2008, when there was a global recession and the economy fell below potential, Nigeria had enough foreign reserve to keep the economy growing. Nigeria had paid off majority of its loan which meant during recessions we can spend more on capital projects as stimulus and reduce expenditures for servicing debts.Though his policies was not popular among the people, but was the best for the economy. Most politicians who follow the economic principles are never popular because people always want money to spend which creates a future negative effect for economy like what we are facing today.
RPI............. Mission Rekindled.
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