Saturday, September 22, 2018

Tag "Acting President Yemi Osinbajo"

    Osinbajo meets northern leaders, says those promoting hate speech will be punished

Osinbajo meets northern leaders, says those promoting hate speech will be punished

Acting President Yemi Osinbajo says the government will clamp down on those who make speeches that are capable of provoking violence and division.The acting president said this at the opening of a meeting with northern leaders of thought in Abuja on Tuesday.His statement is coming on the heels of a threat by some northern youth groups that the Igbo must [...]

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    Despite protests, national assembly to gulp N125bn

Despite protests, national assembly to gulp N125bn

Despite protests and calls for the reduction of the humongous national assembly budget, the legislature has had its way.On May 11, the national assembly passed the 2017 budget of N7.44trn, allocating N125bn to itself.The amount is larger than that of 2016 which was N115bn. Nigerians peeved by the action asked the legislature to thin its budget in view of the [...]

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    Debts, bigger tax base, exit recession… what to expect now that the budget has been signed

Debts, bigger tax base, exit recession… what to expect now that the budget has been signed

Finally, after the many controversies surrounding the signing of the 2017 budget, Acting President Yemi Osinbajo on Monday signed the 'budget of recovery and growth' into law.Big relief, you may say, considering that this is coming six months after it was first presented to the national assembly by President Muhammadu Buhari.The national assembly had passed the N7.44 trillion budget on [...]

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    Buhari gives Osinbajo go-ahead to sign budget

Buhari gives Osinbajo go-ahead to sign budget

President Muhammadu Buhari has given Acting President Yemi Osinbajo the go-ahead to sign the 2017 appropriation bill into law.According to a statement issued by Garba Shehu, presidential spokesman, on Monday, the president indicated that it was in the interest of the country that his deputy sign the budget.“Following the receipt of a full brief on the 2017 appropriation bill as [...]

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    Osinbajo to sign budget at 3pm

Osinbajo to sign budget at 3pm

Acting President Yemi Osinbajo will sign the 2017 budget at 3pm on Monday, TheCable has learnt.Bamikole Omisore, media aide of Senate President Bukola, told TheCable that his principal and Yakubu Dogara, speaker of the house of representatives, would join the acting president at the presidential villa for the exercise.The budget was due to be signed a fortnight ago, but the [...]

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    Osinbajo in Maiduguri hours after Boko Haram attack

Osinbajo in Maiduguri hours after Boko Haram attack

Acting President Yemi Osinbajo is currently in Maiduguri, Borno state, to launch the special intervention relief plan for internally displaced persons (IDPs).Osinbajo's visit is coming hours after Boko Haram members attacked some towns in Maiduguri, the capital city, burning houses and killing residents.On Wednesday, security agents engaged the insurgents in a gun battle that lasted hours. Though residents were assured [...]

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    Osinbajo is not favouring Christians – his stewards are Muslims, says aide

Osinbajo is not favouring Christians – his stewards are Muslims, says aide

Bilkisu Saidu, senior special assistant on legal matters to Acting President Yemi Osinbajo, says that most senior positions in the office of her principal are held by northerners, and that his meals are even served by Muslims.Saidu was reacting to comments credited to one Ismaila Farouk from Zamfara state that appointments made by the acting president into some federal agencies [...]

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    Falana asks Osinbajo to sanction Lai, Garba Shehu over comments on Zakzaky, Dasuki

Falana asks Osinbajo to sanction Lai, Garba Shehu over comments on Zakzaky, Dasuki

Femi Falana, human rights lawyer, has asked Acting President Yemi Osinbajo to sanction public officers who said that Sambo Dasuki, former national security adviser (NSA), and Ibrahim El-Zakzaky, Shia leader, would not be released.Falana made this request in a letter to the acting president.At a media chat with state house correspondents in May, Garba Shehu, presidential spokesman, said Dasuki was [...]

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    Budget signing cancelled last minute

Budget signing cancelled last minute

Acting President Yemi Osinbajo will no longer sign the 2017 budget by 9am on Thursday, TheCable can report.A source had told TheCable that the budget was due to be signed on Thursday and that the presiding officers of the national assembly had been invited to witness the exercise.But the presidency made a last-minute cancellation of the exercise.TheCable learnt earlier on [...]

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    Osinbajo signs new laws to allow use of freezer, generator as collateral for bank loan

Osinbajo signs new laws to allow use of freezer, generator as collateral for bank loan

Acting President Yemi Osinbajo has signed two new laws that would help facilitate access to more affordable credit facilities for businesses in the country.In a statement on Tuesday, Laolu Akande, Osinbajo's spokesman, listed the acts to include the Secured Transactions in Movable Assets Act, 2017 (otherwise known as Collateral Registry Act) and the Credit Reporting Act, 2017.He said the new [...]

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    We spent much of 2016 clearing PDP mess, says Osinbajo

We spent much of 2016 clearing PDP mess, says Osinbajo

Acting President Yemi Osinbajo says the government spent much of 2016 clearing the mess it inherited from the government of the Peoples Democratic Party (PDP).The Muhammadu Buhari government was inaugurated on May 29, 2015, amid great celebrations.But the loud ovation which greeted it at its inception soon turned into harsh criticism over its handling of the economy.In a Democracy Day [...]

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    Osinbajo appoints new heads for PenCom, BOI

Osinbajo appoints new heads for PenCom, BOI

Acting President Yemi Osinbajo has approved the appointment of Olukayode Pitan as the managing director of the Bank of Industry (BOI).He takes over from Waheed Olagunju who was the MD of the bank.Dikko AbdulRahman was appointed chairman, governing board of BOI, while Emeka Nwakpa was made chairman, governing board of the Consumer Protection Council (CPC).Osinbajo also appointed Ali Usman as [...]

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    Osinbajo off to Italy for G7 summit

Osinbajo off to Italy for G7 summit

Acting President Yemi Osinbajo on Saturday left for Italy to attend the ongoing Group of Seven (G7) summit in the country.Laolu Akande, Osinbajo's spokesman, made this known in the early hours of Saturday.He said Osinbajo was invited to the summit to represent Nigeria, and added that the acting president was expected back in the country on Saturday evening.“AgP Osinbajo invited [...]

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    God, fasting and prayer can make Nigeria great, Okupe tells Osinbajo

God, fasting and prayer can make Nigeria great, Okupe tells Osinbajo

Doyin Okupe, former special assistant to ex-President Goodluck Jonathan on public affairs, says "God, fasting and prayer can certainly make Nigeria great".On Wednesday, Acting President Yemi Osinbajo had said that Nigeria cannot grow solely on the prayers and fasting of its citizens."No matter how much you pray and fast, our country cannot grow without some of us deciding to do [...]

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    Osinbajo: Fasting and prayer won’t grow our economy

Osinbajo: Fasting and prayer won’t grow our economy

Acting President Yemi Osinbajo says Nigeria’s economy will not grow by fasting and prayer but by the collective effort of all citizens.Speaking with heads of ministries, departments and agencies at the state house on Wednesday, Osinbajo, who is a pastor, urged government officials to be the drivers of transparency and efficiency in doing business in the country.He spoke on the [...]

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    Apapa port to run 24/7, MDAs must buy made in Nigeria — highlights of Osinbajo’s executive orders

Apapa port to run 24/7, MDAs must buy made in Nigeria — highlights of Osinbajo’s executive orders

In an exercise of presidential power, Acting President Yemi Osinbajo signed three executive orders on Thursday.The orders touched on “the promotion of transparency and efficiency in the business environment designed to facilitate the ease of doing business in the country; support for local contents in public procurement by the federal government and timely submission of annual budgetary estimates by all [...]

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Exchange Rates

September 21, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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