President Muhammadu Buhari has given the reason his administration has been slow in its pace of delivering some of the promises made to Nigerians in 2015.

The President presided over a meeting of the National Executive Committee held in Abuja on Tuesday and he reeled out reasons his administration had been slow in pace. 

First, Buhari believes that his government still enjoys massive support, but he warned the party members not to take that support for granted. He wants them to remain united and seek a common goal. 

"Nevertheless, I am not asking us to relax and take things easy.

"As we all know, elections are looming on the horizon, we must therefore get our act together.

"Accordingly, I implore all members of the Party to give the Asiwaju Committee full cooperation to resolve differences existing amongst our members in the States affected.

Buhari explains why pace of administration is slow

"It is perhaps inevitable that there would be differences of opinion within the Party.


"If we didn't have differences we wouldn’t be a genuinely democratic Party.

"But we must not lose sight of our common purpose as a new Party to break the mould of Nigerian politics and take the country to new heights.

"Therefore, we have asked our respected Asiwaju Bola Ahmed Tinubu to lead this process of restoring order to the ranks, manage differences and strengthen the Party," he stated.

Also highlighting that there were people who were not happy with the pace of things, President Buhari said: "Mr Chairman, members of the National Executive Committee, I must acknowledge that the pace of government has not met the expectations of many within our Party".

He then stated the reasons for the slow pace. 

"But few of us knew or appreciated the depth of the hole when we took office. Thus we spent the last two years digging the country out of the mess we met.

"Furthermore, the stand-off between the Executive and the National Assembly slowed the process of government.

"We are working hard to resolve the differences so that the country can move forward," the President whose first term in office remains a year, three months and few days told the members of the committee.

Buhari explains why pace of administration is slow

Again the President highlighted the achievements of his administration since he took over office in 2015.

"We have restored prudence to the management of public finances. Confidence in Nigeria has been restored.

"On February 23rd, Nigeria issued 12 year and 20 year Eurobond on the international market, which were both oversubscribed. The 12 year bond was within days subscribed by 332%. The 20 year bond was subscribed by 372%.

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"We have stabilised the Naira, increased our foreign reserves from $20 billion to $40 billion. Inflation rate is down.

"With considerably less resources available to the country, we have improved all indices towards a stronger economy."