Jonathan PDP oil-boom centrist era

Doctrine — stated goals and content

Jonathan's PDP era was a centrist pro-business oil-boom fiscal expansion riding Brent at $100+ for most of the term, collapsing to ~$50 only in the final six months. Okonjo-Iweala as Coordinating Minister pursued technocratic modernisation: Sovereign Wealth Fund (NSIA) established 2011 to replace the ECA; power-sector privatisation unbundling PHCN into GenCos and DisCos completed November 2013; Nigerian Mortgage Refinance Company; electronic wallet agri-input distribution under Akinwumi Adesina. The 1 January 2012 attempted petrol-subsidy removal (pump price N65 to N141) triggered the Occupy Nigeria / Jan-2012-subsidy-protest general strike, partially rolled back to N97 within two weeks — the era's defining reform failure. April 2014 GDP rebasing (Statistician-General Yemi Kale) recalculated Nigerian GDP upward 89% using 2010 base year, making Nigeria Africa's largest economy ahead of South Africa. Boko Haram insurgency expanded catastrophically: state-of-emergency in Borno/Yobe/Adamawa May 2013; Chibok schoolgirls abduction 14-15 April 2014 (276 girls) became a global #BringBackOurGirls crisis and a core 2015 campaign liability. CBN governor Sanusi was suspended Feb 2014 after alleging $20bn unremitted from NNPC to Federation Account. Left-right: moderate-centrist; pro-market on privatisation and FDI but expansive on fuel subsidy and recurrent spending. Coherence line: "Transformation Agenda" — technocratic growth + infrastructure + privatisation within a fragile security and patronage settlement.