The Nigeria’s Vice President, Prof Yemi Osinbajo on Thursday called on global investors to latch on opportunities inherent in the nation’s oil and gas sector, saying the Muhammadu Buhari administration remains committed to deepening international partnerships to grow the economy. Osinbajo, while declaring the maiden edition of the Nigerian International Petroleum Summit (NIPS) close in […]
Read More The Vice-President, Yemi Osinbajo, on Thursday urged multinational companies to domicile their factories in Nigeria for the sustainable growth of its economy. Osinbajo said this as he inaugurated Nestlé Nigeria Plc’s ₦4.1 billion Milo-Ready-to-Drink (RTD) factory at Agbara in Ogun. He said that international companies operating in the country should take a cue from Nestlé […]
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Vice President Yemi Osinbajo, on Wednesday in Abuja, said the Federal Government required additional $3.1 billion to achieve digital national identity for all citizens. Osinbajo disclosed this at the stakeholder workshop on Strategic Roadmap for Digital Identity, Eco-system in Nigeria. Represented by Senior Special Assistant to the President on ICT, Mr Lanre Osibona, the Vice […]
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Security have reportedly been beefed up in Umuahia, Abia state capital and its environs as the state gets set to host President Muhammadu Buhari, Vice President Yemi Osibanjo, All Progressives Congress (APC) chairman, John Odigie Oyegun and other stakeholders of the party on Tuesday January 9. President Buhari who would be in the state for […]
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The Nigeria’s Federal Government, through the National Council on Privatisation, NCP, has approved the privatisation of the remaining five (out of the 23) subsidiaries of the Nigerian Mining Corporation (NMC). A statement by Mr. Chukwumah Nwokoh, the Head, Public Communications, Bureau of Public Enterprises (BPE), on Thursday in Abuja, said the council gave the approval […]
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The Federal Executive Council, presided over by Vice-President Yemi Osinbajo, on Wednesday approved $500m for the purchase of coaches, wagons, locomotives for Lagos-Ibadan and Itakpe-Warri railways. The Minister of Transportation, Mr Rotimi Ameachi, disclosed this when he briefed State House Correspondents on the outcome of the council’s meeting held at Council Chamber of the Presidential […]
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The Federal Government has approved the sum of ₦800 million each for 35 states of the Federation totalling ₦28 billion to help them meet salaries, pension and other infrastructure obligations. Out of the 36 states, only Lagos State was excluded from the loan. The package was announced at the end of the five hour National […]
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Vice-President Yemi Osinbajo on Thursday described the continent of Africa as a land of immense opportunities, noting that Foreign Direct Investment inflow into the region was expected to hit $75.5bn by the end of this year. Osinbajo stated this in Abuja at the opening session of a two-day high level policy and private sector forum […]
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Nigeria must use its oil wealth to prepare for a future when the world no longer runs on fossil fuels, Vice-President Yemi Osinbajo has said. Osinbajo said on Thursday that the country, a member of the Organisation of Petroleum Exporting Countries, needed to develop renewable energy and help other businesses flourish to “adjust to the […]
Read More Vice President Yemi Osinbajo, will this Thursday, deliver a keynote address at a business event to celebrate the 55th anniversary of the Oil Producers Trade Section (OPTS), of the Lagos Chamber of Commerce and Industry (LCCI), in Lagos. The OPTS is the oldest and foremost sectorial group for operators in the upstream oil and gas […]
Read More In efforts to creating a more conducive environment for the oil and gas sector will receive fresh impetus today as Vice-President Yemi Osinbajo will lead dignitaries to a brainstorming session in Asaba, Delta State. Among those expected are the Speaker of the House of Representatives, Yakubu Dogara, captains of industry experts and many others. Osinbajo […]
Read More Nigeria’s Vice President, Prof Yemi Osinbajo Tuesday assured the business community and Nigerians in general that the challenge of multiple Customs checkpoints, especially along the eastern axis will be looked into as government remains committed to creating a conducive investment climate in the country. The Vice President who gave the assurance in Abuja at the […]
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