Goodluck Jonathan
Replaced impeached Alamieyeseigha; stabilised state; later became VP and President.
Performance Radar
Sector Allocation
Public Sentiment Score
Mixed/Neutral
Budget by Year ($M)
Legacy Projects (6)
Rebasing of Nigerian GDP
Economy rebased to 2010 prices; Nigeria became Africa's largest economy at $510 billion GDP.
Second Niger Bridge
Construction awarded; groundbreaking 2014; progressed slowly; completed under Buhari 2022.
Subsidy Removal (Fuel) & Occupy Nigeria
Fuel subsidy removal January 2012 triggered Occupy Nigeria protests; government reversed decision.
YouWin! Entrepreneurship Programme
Youth enterprise programme funding 1,200+ businesses; praised for impact.
Nigeria Sovereign Investment Authority (NSIA)
Sovereign wealth fund created; managed excess crude oil revenues.
Abuja Light Rail Project
Abuja Metro Light Rail; financed by China Exim Bank; commissioned 2016 under Buhari.
Events & Crises Timeline
Jonathan's $1.1B Security Fund Diversion
NSA Dasuki diverted $2.1B in security contracts meant for arms procurement to fight Boko Haram; soldiers fought with outdated weapons.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)
276 Chibok schoolgirls abducted by Boko Haram; #BringBackOurGirls campaign went global; government response criticised as slow.
Boko Haram Territory Control (NE Nigeria)
Boko Haram controlled 20,000 sq km of territory; worst extent under Jonathan; over 20,000 killed 2009-2015.
Chibok Girls Kidnapping
276 schoolgirls kidnapped by Boko Haram in Chibok, Borno State. #BringBackOurGirls global campaign.
BBCJonathan's $9B Oil Theft Crisis
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)
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)
Nigeria issued $500M Eurobond in 2011 and $1B in 2013; used for infrastructure; established Nigeria in international capital markets.