Vice-President Yemi Osinbajo has postponed the virtual meeting of the national economic council (NEC) slated for Thursday. This is coming a few hours after President Muhammadu Buhari announced that he would attend the national executive committee (NEC) meeting of the All Progressives Congress (APC) which Victor Giadom fixed for Thursday. The president had backed Giadom, deputy national secretary of the APC as the [...]
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Zainab Ahmed, the minister of finance, confirmed that Nigeria is inevitably heading for a recession following the adverse effects of the novel coronavirus disease on the price of crude oil and general economic productivity in Nigeria and across the world. The International Monetary Fund forecasts that the recession will be the deepest in three decades. President Muhammadu Buhari had, at the [...]
The Economic Sustainability Committee (ESC) led by Vice President Yemi Osinbajo has called on the federal government to consider suspending the National Youth Service Corps (NYSC) orientation camp exercises for two years. In its report presented to President Muhammadu Buhari last week and seen by TheCable, the committee recommended the consideration of suspension of NYSC camps for 24 months. "The immediate focus in [...]
Yemi Osinbajo, vice-president, has tested negative for coronavirus (COVID-19). Osinbajo has been in self-isolation as a precaution against the disease. On Monday, TheCable reported that Abba Kyari, chief of staff to the president, tested positive for the disease. The COVID-19 status of Kyari led to suggestions that other members of the federal executive council (FEC) should take precaution. Only one seat separates Kyari and [...]
President Muhammadu Buhari has approved the composition of a power sector reform coordination group under the leadership of Vice-President Yemi Osinbajo. In a statement, Nasir el-Rufai, governor of Kaduna state, said the new working group will incorporate the ongoing efforts of his committee to ensure all power sector initiatives are on the same page. El-Rufai was appointed as the head of the [...]
President Muhammadu Buhari says the ongoing reorganisation at the presidential villa is aimed at enhancing service delivery to Nigerians. According to a statement issued by Garba Shehu, presidential spokesman, the president said this while fielding questions from state house correspondents at the presidential wing of Nnamdi Azikiwe International Airport, Abuja, shortly after his arrival from London on Friday night. Buhari said it [...]
Vice-President Yemi Osinbajo will represent President Muhammadu Buhari at the extraordinary ECOWAS summit taking place in Niamey, Niger Republic, on Friday. Laolu Akande, senior special assistant on media to the vice-president, said this in a statement. Akande said other ECOWAS heads of state and government will be at the summit which is being held to address the political crisis in Guinea Bissau. “The [...]
Vice President Yemi Osinbajo has faulted electricity distribution companies (DisCos), accusing them of performing below expectation. Speaking at the inauguration of some transmission lines at in Abeokuta, Ogun state capital, on Thursday, Osinbajo said the 11 DisCos are only able to distribute 4,000MW or less out of 7,000 generated. The vice-president, who said there is need for a "substantial change of strategy", did [...]
Vice-President Yemi Osinbajo worshipped at the regional headquarters of the Redeemed Christian Church of God (RCCG) in New York on Sunday. Osinbajo, who is a pastor of RCCG, also held a meeting with some Nigerians in the city. Nigeria's number two citizen is on a 4-day trip to the United States where he is expected to meet Mike Pence, his US counterpart. Below are some [...]
Vice-President Yemi Osinbajo on Tuesday hosted 36 Harvard professors to a dinner in Lagos. The dinner also had in attendance; Babajide Sanwo-Olu, Lagos state governor; Adebayo Ogunlesi, a global investor; and Muhammadu Sanusi II, emir of Kano. Below are some pictures: [...]
Vice-President Yemi Osinbajo says he cannot say for sure that Lai Mohammed, minister of information, Adamu Adamu, his education counterpart, and Abba Kyari, chief of staff to President Muhammadu Buhari, are in their best of behaviour this Ramadan. Osinbajo, who spoke when Buhari hosted him and some ministers to iftar (breaking of fast) at the presidential villa on Monday, said some [...]
From May 1 to July 31, business registration will cost only N5000, Vice-president Yemi Osinbajo has said. Spurred by the successes recorded in the first 50% discount window for business registration in Nigeria, the federal government has directed the Corporate Affairs Commission (CAC) to extend by three months, the special window for MSMEs. According to a statement by Laolu Akande, special assistant [...]
Vice-president Yemi Osinbajo says Nigerians will see significant improvement in two years if the government sticks to its plans. Osinbajo spoke on Monday at the University of Lagos where he delivered the convocation lecture ahead of the institution's 50th anniversary. According to the number two citizen, the focus of the President Muhammadu Buhari administration in the next four years will be to address [...]
Bola Tinubu, a national leader of the ruling All Progressives Congress (APC), has advised the federal government not to increase value added tax (VAT). Speaking at the colloquium held in commemoration of his 67th birthday, the APC leader said such action could lead to hardship among Nigerians. He counselled the government to widen the tax net. "I must say this to Prof Osinbajo [...]
The presidency has said Trader Moni, a scheme to provide small funds for petty traders in Nigeria, is still on, and would reach 10 million petty traders in the country. Laolu Akande, a senior special assistant to Vice-President Yemi Osinbajo, made this disclosure late Wednesday, saying the government has continued giving the loans since the All Progressives Congress (APC) won the [...]
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