Nigeria

Goodluck Jonathan

President
2010–2015 Nigeria
PDP

Privatization of power sector, Almajiri education program, improved telecoms. Boko Haram insurgency and Chibok kidnapping during tenure.

40Fair
Overall Score
35Poor
Projects
38Poor
Budget
30Poor
Crises
55Fair
Debt

Performance Radar

ProjectsBudgetCrisesDebt

Debt Tracker

Total Debt$12.1B
Total Budget$80.0B

Debt-to-Budget ratio: 15.1%

Sector Allocation

Public Sentiment Score

50
/100

Mixed/Neutral

Budget by Year ($M)

200920112012201403006009001200

Legacy Projects (6)

Rebasing of Nigerian GDP

Completed
Other
2014–2014

Economy rebased to 2010 prices; Nigeria became Africa's largest economy at $510 billion GDP.

5M

Second Niger Bridge

Started
Bridges
2014–

Construction awarded; groundbreaking 2014; progressed slowly; completed under Buhari 2022.

400M

Subsidy Removal (Fuel) & Occupy Nigeria

Abandoned
Other
2012–

Fuel subsidy removal January 2012 triggered Occupy Nigeria protests; government reversed decision.

YouWin! Entrepreneurship Programme

Completed
Other
2011–2015

Youth enterprise programme funding 1,200+ businesses; praised for impact.

100M

Nigeria Sovereign Investment Authority (NSIA)

Completed
Other
2011–2012

Sovereign wealth fund created; managed excess crude oil revenues.

1.0B

Abuja Light Rail Project

Completed
Railways
2009–2016

Abuja Metro Light Rail; financed by China Exim Bank; commissioned 2016 under Buhari.

825M

Events & Crises Timeline

Jonathan's $1.1B Security Fund Diversion

2014
Corruption

NSA Dasuki diverted $2.1B in security contracts meant for arms procurement to fight Boko Haram; soldiers fought with outdated weapons.

Chibok Girls Abduction (276 girls)

2014
Crisis
60 deaths

276 Chibok schoolgirls abducted by Boko Haram; #BringBackOurGirls campaign went global; government response criticised as slow.

Boko Haram Territory Control (NE Nigeria)

2014
Conflict
20000 deaths

Boko Haram controlled 20,000 sq km of territory; worst extent under Jonathan; over 20,000 killed 2009-2015.

Chibok Girls Kidnapping

2014
Crisis

276 schoolgirls kidnapped by Boko Haram in Chibok, Borno State. #BringBackOurGirls global campaign.

BBC

Jonathan's $9B Oil Theft Crisis

2013
Corruption

CBN Governor Sanusi reported $49.8B oil revenue not remitted to federation account; Jonathan dismissed Sanusi; World Bank confirmed $10B annual theft.

Fuel Subsidy Scandal ($6.8B)

2012
Corruption

PPPRA audit revealed $6.8B in phantom oil subsidy payments; spurious claims by ghost companies; Otedola-Lawan bribery video emerged.

Jonathan's Eurobond Borrowing ($1.5B)

2011
Economic

Nigeria issued $500M Eurobond in 2011 and $1B in 2013; used for infrastructure; established Nigeria in international capital markets.

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