As President Bola Tinubu clocks one year in office, recent report by Analysts Data Services and Resources has shed light on the first-year performances of Nigerian presidents since 1999, with President Bola Tinubu ranking fourth among his predecessors.
According to the report, Tinubu scored 53.6%, placing him behind Olusegun Obasanjo (72.8%), late Umaru Yar’Adua (64.0%), and Goodluck Jonathan (60.8%), according to
BusinessDay.
However, he ranked ahead of Muhammadu Buhari (48.8%).
The ADSR report, led by renowned economist Afolabi Olowookere, provides a comprehensive analysis of Tinubu’s first year in office, examining various economic indicators and data to assess his performance.
This insightful report offers a unique perspective on the achievements and challenges faced by Nigerian presidents in their first year, providing valuable lessons for future leaders.
The ranking is as follows:
1. Olusegun Obasanjo (72.8%)
2. Late Umaru Yar’Adua (64.0%)
3. Goodluck Jonathan (60.8%)
4. Bola Tinubu (53.6%)
5. Muhammadu Buhari (48.8%)
The ADSR report is a significant contribution to the ongoing conversation about Nigeria’s political and economic development, offering a data-driven approach to understanding the country’s progress.
According to the team, “the aim is to see if some of the current experiences are unique or were also observed under previous administrations. Attempts are made to provide a well-rounded and objective performance assessment so as to equip the reader with the necessary facts and figures. A selected number of indicators were used, comprising five indicators under each of five segments of the economy, making 25. These segments include: Output and Prices, Financial Statistics, International Finance, Public Finance, and Governance and Institutions.
“President Tinubu is ranked along with the four past presidents since 1999 on each of these 25 indicators and the average scores are converted to percentages. In addition, some of the policies, programmes, and interventions of the current administration are identified to highlight their possible contribution to the current state of the economy.”
The report noted that “generally, it was observed that the first-year performance ranking of Nigerian Presidents has been on the decline. It fell from the highest level under Obasanjo (72.8%) to the lowest under Buhari (48.8%). “However, a turning point is being observed under the Tinubu administration, raising overall first-year performance to 53.6%. The strong segment for the Tinubu administration is documented to be in the area of Public Finance (64%), and the weak segment is around Output and Prices (40%).”
Analysts’ Data Services and Resources is a Data and Research Company leverages resources available at the University of Ibadan and provides accurate data, information and analysis for intelligent investment, academic and policy decisions.
Over the years, they have worked with corporates, governments and supranationals to deliver data and intelligence support that cut through complex decision making issues, thus unearthing intrinsic value in a way that builds public confidence.