Goodluck Jonathan Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! === Economics === Under Jonathan's administration, Nigeria rebased its gross domestic product for the first time in over a decade, becoming the largest economy in Africa by overtaking South Africa and [[Egypt]].<ref name="Source" /> The Jonathan administration accrued over US$454 billion while in office from oil revenue.<ref>{{Cite web|date=15 August 2017|title=Buhari earns $58bn in 27 months to Jonathan's $454bn in 6 years|url=https://www.sunnewsonline.com/buhari-earns-58bn-in-27-months-to-jonathans-454bn-in-6-years/|access-date=16 February 2020|website=The Sun Nigeria|language=en-US}}</ref> Jonathan previously served as an assistant director at the Oil Mineral Producing Areas Development commission between 1993 and 1998.<ref name=":2"/> The Jonathan administration oversaw the construction of new railways in the country, including the Abuja-Kaduna railway and conceptualized high-speed rail projects. Construction and beautification of many federal roads in the country, including the Lagos-Benin expressway, Abuja-Lokoja expressway, Enugu-Abakiliki expressway, Onitsha-Owerri highway and most parts of the Enugu-Port Harcourt expressway.<ref name=":3" /> Also, construction of the second Niger Bridge between Onitsha and Asaba to relieve the pressure on the old Niger Bridge which was completed in December 1965. Construction of airports across the country. The Akanu Ibiam Airport in Enugu was upgraded into an international airport, directly connecting the South-East region of the country to the outside world for the first time since independence.{{Citation needed|date=May 2020}} On 2 August 2010, Jonathan launched his 'Roadmap for Power Sector Reform'.<ref name="Roadmap2">[http://www.nigeriaelectricityprivatisation.com/wp-content/uploads/downloads/2011/03/Roadmap-for-Power-Sector-Reform-Full-Version.pdf Roadmap for Power Sector Reform] {{webarchive|url=https://web.archive.org/web/20111125041843/http://www.nigeriaelectricityprivatisation.com/wp-content/uploads/downloads/2011/03/Roadmap-for-Power-Sector-Reform-Full-Version.pdf|date=25 November 2011}}. (PDF).</ref> Its primary goal was to achieve stable electricity supply in Nigeria. The [[Power Holding Company of Nigeria]], which acted as the nation's electricity provider, was broken up into 15 firms, with Nigeria handing over control of state electricity assets to 15 private bidding companies.<ref>[https://www.reuters.com/article/us-nigeria-power-idUSBRE93N0M720130424 Nigeria takes next step in power privatization] {{Webarchive|url=https://web.archive.org/web/20150924180824/http://www.reuters.com/article/2013/04/24/us-nigeria-power-idUSBRE93N0M720130424|date=24 September 2015}}. Reuters.</ref> The Nigerian government contracted for the services of [[CPCS Transcom Limited]], a Canada-based consulting firm specialising in transportation and energy infrastructure projects, to act as the transaction adviser for the handover of state electricity assets.<ref>[http://www.nigeriaelectricityprivatisation.com/ (PHCN)] {{Webarchive|url=https://web.archive.org/web/20110917063858/http://www.nigeriaelectricityprivatisation.com/|date=17 September 2011}}. Nigeria Electricity Privatisation.</ref> Historically, the Nigerian power sector has been plagued by [[Power outage|blackouts]]. Economists estimate that power outages have cost Nigeria, Africa's biggest economy, billions of dollars in imported diesel for generators and lost output. In a study conducted by the [[World Bank]], a lack of access to financing and electricity were cited as Nigeria's main obstacles to development, surpassing corruption.<ref>{{cite news|date=March–April 2014|title=Reforming Nigeria|url=http://www.foreignaffairs.com/discussions/interviews/reforming-nigeria|url-status=live|archive-url=https://web.archive.org/web/20150206215323/http://www.foreignaffairs.com/discussions/interviews/reforming-nigeria|archive-date=6 February 2015|website=Foreign Affairs}}</ref> Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page