Buhari made the declaration in his nationwide broadcast to the nation.
The President said, “We have recorded notable achievements in the course of implementing our nine priority objectives and are establishing a solid foundation for future success.
“On the economic front, our objectives have remained to stabilise the macroeconomy, achieve agricultural and food security, ensure energy sufficiency in power and petroleum products, develop infrastructure, fight corruption and improve governance.
“We have witnessed eleven quarters of consecutive GDP growth since exiting recession. The GDP grew from 1.91% in 2018 to 2.27% in 2019 but declined to 1.87% in the first quarter of 2020 as a result of the decline in global economic activities due to the COVID-19 pandemic.