USA Africa Dialogue Series - Goodluck Jonathan’s report card for Nigeria? Must try harder

After three years as president, the economy is booming but Jonathan's record on helping his people is poor

Nigerians had no rational reason to believe their lives would improve after Goodluck Jonathan became president three years ago this week. The list of promises their rulers have broken is so long it would make a virgin cynical. But then Nigerians can be stubbornly optimistic.

When Jonathan first appeared on the political scene in 2007, when Nigeria's then president, Olusegun Obasanjo, announced him as the running-mate of his party's next presidential candidate, Musa Yar'Adua, many mythologised the good fortune that seemed linked to Jonathan's first name. And so, when Yar'Adua died in 2010 from heart disease and Jonathan was handed the most coveted job in Nigeria, many voters believed good luck had come to Nigeria. Were they right?

Nigeria's economy has averaged an impressive 7% annual growth since 2010. Fiscal policy is responsible. The country has a debt-to-GDP ratio of roughly 18% and a budget deficit of under 3%, levels Europe would be delighted with today. This is largely thanks to finance minister Ngozi Okonjo-Iweala, a former World Bank managing director. But Jonathan deserves praise for not intefering.

Still, his end-of-year report is not spotless. While the economy is booming, precious little wealth trickles down to the poor. Jonathan must be more energetic about changing that. The electricity supply is erratic, so businesses and individuals spend fortunes on generators and diesel. This in one of the world's biggest oil exporters. Things have improved since 2010, but far too tepidly: Jonathan only gets a C minus.

Infrastructure also remains a problem. Without a modern road network, doing business in Nigeria will remain prohibitively expensive and logistically challenging. Nigeria is a federation: individual states play a big role here. In the richer, well-governed states such as Lagos, where the commercial capital city is located, progress is visible. But Jonathan needs to do more to facilitate modernism in poorer states: he gets a C.Read More

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