Acting President Yemi Osinbajo, SAN, paid a surprise visit to the Murtala Muhammed International Airport, Lagos, just days after the Presidential Enabling Business Environment Council, PEBEC, adopted a 60-day Action Plan to push Ease of Doing Business reforms in the country. The News Agency of Nigeria (NAN) reports that Prof. Osinbajo was accompanied on the […]
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The Senate has said it will consult with its legal team for advice on the decision of the Acting President, Prof. Yemi Osinbajo, to withhold assent to four bills passed by the National Assembly. The bills are Dangerous Drugs (Amendment) Bill 2016, National Lottery (Amendment) Bill 2016, Agricultural Credit Guarantee Scheme Fund (Amendment) Bill 2016, […]
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Acting President Yemi Osinbajo has requested the National Assembly’s approval for the issuance of US$ 500 million Eurobond in the international capital market for the funding of 2016 budget deficit. In a letter to the Speaker, House of Representatives, Yakubu Dogara, Osinbajo said that the proceeds of the Eurobond would be used to execute some […]
Read More Federal Government slashes importation of Kerosene – the reduction which is by a 51.8 million litres is in a bid to increase domestic consumption of liquefied petroleum gas by various homes across the country. An analysis of the latest report on Petroleum Products Imports Statistics released by the National Bureau of Statistics showed that the volume […]
Read More Vice President Yemi Osinbajo has called for increased partnership between public and private sectors to create more jobs for the teeming unemployment youths in the country. He said that the federal government on its part was committed to creating an enabling environment and providing required infrastructure for business to thrive. Osinbajo said that even with […]
Read More Vice President Yemi Osinbajo has identified the importance of merit in giving reward and said that quota system was detrimental to the progress of any society. He said this in Abuja at the conferment of the Nigerian National Order of Merit, NNOM, on two professors, Omowunmi Sadiq, an environmental scientist, and Tanure Ojaide, a poet […]
Read More Vice President Yemi Osinbajo on Monday stated that opportunities in the petroleum industry were narrowing and might be over sooner than expected as a result of the increasing breakthroughs in renewable energy use as well as the expansion in the patronage of electric vehicles globally. According to him, although Nigeria needs oil as it works […]
Read More No company across the Nation will be forced to include its shares on the floor of the Nigerian Stock Exchange, the Vice-President, Prof. Yemi Osinbajo, has said. Osinbajo ruled out any direct government intervention in forcing private companies to list their shares, noting that the decision to list by private companies would remain decisions of their Boards […]
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The Federal Government will review existing tariffs structure to remove impediments inhibiting the growth of local industries, the Vice President, Prof Yemi Osinbajo, has said. Osinbajo said the high tariffs imposed on local products are not encouraging growth, adding that the government is working towards restructuring the current tariff structure to discourage the importation of […]
Read More To provide affordable housing for Nigerians, Nigeria is working with stakeholders to raise one trillion Naira, Vice President Yemi Osinbanjo said on Tuesday. The vice president stated this at the 22nd Nigerian Economic Summit (NES) in Abuja. Osinbanjo made the disclosure when he chaired a Roundtable on Job Creation, Skills and Employment at the summit. […]
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