Monday, March 3, 2014

Gen. Abacha Honoured With Centenary Award - Federal Government



The Federal Government had shortlisted 100 persons to be honoured with Centenary awards included in Nigeria's Centenary celebration and the late tyrant, Gen. Sani Abacha was on the list. Abacha's inclusion sparked a lot of controversy and Prof. Soyinka even rejected the award.
The government has said Abacha was among those receiving the centenary honours because he was a Nigerian soldier and politician who served as de-facto President of Nigeria from1993 to 1998.

Based on the FG , though Abacha's regime was very cotroversial, it was the first ever to record unprecedented economic achievements.
The fedearl government explained that there clearly was a growth in Nigeria's foreign exchange reserves from $494 million in 1993 to $9.6 billion by the midst of 1997 which reduced the external debt of Nigeria from $36 billion in 1993 to $27 billion, adding that the inflation rate inherited from Babaginda's regime was reduced.

Abacha's administration was also credited with creating probably the most comprehensive and realistic blueprint for Nigeria's development through Vision 2010 committee chaired by his predecessor, Chief Ernest Shonekan.



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