The Former President of Nigeria, Chief Olusegun Obasanjo was born on the 5th of March 1937.
Today is his birthday. As he mark his birthday today, let’s take a look at some of his achievements that will remain in the history of the country.
1. Handing over to a Civilian President
Obasanjo was the Military Head of State between 1976–1979. He made a great reputation for himself when he handed over to a civilian President returning Nigeria to a civilian rule. Not many Military Leader would peacefully and calmly transfer power to a civilian President.
2. Securing Debth Pardon
One of the greatest achievements of Obasanjo as a President was to facilitate debt pardons from Paris and London club. He secured the debt pardons amounting to some $18 billion and paid another $18 billion to be debt free.
3. Created EFCC And ICPC
Obasanjo created both the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices Commission (ICPC). The two organization have continued to prosecute corrupt individuals.
- Increase In GDP
Before Obasanjo democratic administration, the Nigeria’s GDP growth had been slow since 1987, and only managed 3 percent between 1999/2000. But under Obasanjo, the growth rate doubled to 6 percent until he left office. In his term in office, Nigeria’s foreign reserves rose from $2 billion in 1999 to $43 billion on leaving office in 2007.