Osinbajo signs Diaspora Commission Bill

Acting President Yemi Osinbajo, has assented to Nigerians in Diaspora Commission Establishment Bill 2017. He also signed the Petroleum Training Institute Amendment Act 2017. Sen. Ita Enang, Senior Special Assistant to the President on National Assembly Matters (Senate), said in a statement in Abuja on Monday that the acting president assented to the Bills on […]

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Patience Oniha appointed as DMO D.G

The Acting President, Professor Yemi Osinbajo, has approved the appointment of Mrs Patience Oniha as the new Director General of Debt Management Office (DMO). Minister of Finance Mrs Kemi Adeosun announced the appointment in Abuja, at the weekend. Oniha, who hails from Edo State, takes over from the former Director General, Dr Abraham Nwankwo, who […]

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After two years, Osinbajo inaugurates privatisation council

More than two years after the present administration assumed power, the Federal Government finally reconstituted the National Council on Privatisation on Thursday in Abuja. Speaking at the inauguration, Acting President Yemi Osinbajo said the council had since inception handled the privatisation and reformation of 142 public enterprises. The Head of Public Communications, Bureau of Public […]

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Osinbajo to get involve in domestic airlines’ instability

Nigeria’s Vice President, Prof. Yemi Osinbajo, has waded into the crisis plaguing the domestic airlines with a firm commitment to resuscitate the industry and position it as a hub for the African continent. Osibanjo had over the weekend called for a close door meeting in his office at the Presidential Villa with CEOs of the […]

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Nigeria begins action on 2018 Appropriation Bill

Barely 24 hours after signing the 2017 Appropriation Bill into law, Acting President Yemi Osinbajo, on Tuesday, began action on the 2018 budget. The vice president met with top government functionaries and asked them to carry out necessary actions towards completing the preparation and submission of the budget to the National Assembly in early October. […]

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Osinbajo signs 2017 appropriation bill

Acting President Yemi Osinbajo has signed the 2017 Appropriation Bill into law, one month after it was passed by the National Assembly. Senate President Bukola Saraki and Speaker of the House of Representatives, Yakubu Dogara, joined the Acting President at the Presidential Villa for the signing of the budget. The National Assembly passed the budget […]

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Osinbajo declares 3-day mining, construction exhibition

Acting President, Prof Yemi Osinbajo, will declare open a 3-day exhibition/seminar on construction and mining in Nigeria. The exhibition which holds between 13th and 15th of this month at the International Conference Centre, Abuja, is being co-sponsored by Dangote Cement, Total Nigeria, Africa Finance Corporation and Stanbic Bank among others. The organisers said the exhihition/seminar […]

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Yemi Osinbajo

Osinbajo seeks Senate approval for $1.5bn loan

Acting President Yemi Osinbajo on Tuesday asked the Senate to approve $1.5bn loan, which is part of the 2016-2018 External Borrowing Plan of the Federal Government. The loan is meant for projects in 10 states. Osinbajo request to the upper chamber was made known by Senate President, Bukola Saraki, in a letter he read on […]

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Nigeria plans to build $1 billion ICT company

The Federal Government on Tuesday in Abuja said it would build a one billion dollar ICT company to boost indigenous technology. The Acting President Yemi Osinbajo made this known in his opening address at the 2017 Digital Africa Conference and Exhibition. The theme of the event is “the Fourth Industrial Revolution: Getting Africa Ready”. According […]

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Yemi Osinbajo

Osinbajo calls for prosecution of bankers who help loot funds

Acting President Yemi Osinbajo yesterday called for the prosecution of banks and their officials who aid corruption by hiding looted funds. He faulted those who accuse the Economic and Financial Crimes Commission (EFCC) of engaging in media trial, saying it was corruption fighting back. The Acting President spoke in Abuja at the opening of a […]

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‘Why Osinbajo shelved budget signing’

A Presidency official has explained why the budget signing ceremony billed for today became a no-show. The official attributed it to the extensive consultations between the presidency and ministers, on one hand and National Assembly members on the other. The National Assembly on 11 May passed the record ₦7.44 trillion ($24.45 billion) budget for 2017. […]

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Osinbajo likely to sign 2017 appropriation bill today

Acting President Prof. Yemi Osinbajo will sign the 2017 Budget into law on Thursday by 9:00 A.M at the Presidential Villa. Sources told correspondent in Abuja that the representatives of the President had just concluded a meeting with the leadership of the National Assembly where the date and time of the budget has been announced. […]

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