Connect with us

Osinbajo speak

Nigeria’s Vice President, Yemi Osinbajo, has said the full impact of a positive change of government may not materialise until 2018.

He said ‘Although the Federal Government is committed to ensuring the current hardship faced by Nigerians is alleviated, the significant change may not be visible until 2018’.

Mr. Osinbajo, during an interview with journalists after a church programme in Abeokuta, the Ogun State Capital, said the Muhammadu Buhari administration is “focused and determined to ensure this country is put on the right track.”

He said the government was aware a lot of Nigerians had become sceptical of the ‘Change’ mantra of the administration.

“There are lots of people who will say where is the change they promised,” he said. “People will condemn and shout, but we are very focused, calm and extremely confident that God is on our side and this country will not be the same.”

He, however, indicated that the full impact of the change may take a couple of years, until 2018.

“In another couple of years, we will see the difference,” he said.

“All of us have a part to play in the change. Nigerians must be patriotic in our dealings and daily activities. We should be committed to the nation,” said the vice president whose administration has come under heavy criticism from Nigerians for the handling of the economy.

Mr. Osinbajo also said pipeline vandalism in the Niger Delta is the major cause of Nigeria’s current economic recession.

He said vandalisation has led to the loss of about 60 per cent of oil revenue, government’s major income source.

“One of the key reasons why we are in recession is the fact that we lost about 60 per cent of our revenue due to the vandalisation of the pipelines on the Niger/Delta and we lost almost 40 per cent of the gas,” he said.

The Vice-President, however, expressed optimism that Nigeria would soon overcome the challenge of vandalism

“Once we are able to resolve that, we would at least be able to earn more revenue,” he said.

Mr. Osinbajo’s optimism might be related to the fact that the Federal Government recently commenced negotiations with militant groups in the Niger Delta.

The Niger Delta Avengers, the main group responsible for most of the vandalism, recently announced a unilateral ceasefire, agreeing to conditional talks with the government.

On Sunday, Mr. Osinbajo also said the best way for the government to fully revive the economy was to diversify into agriculture and solid minerals.

He said work has begun in those two sectors and results would be gradually achieved.

The vice president said government was concerned about the number of unemployed youth.

He said the government would soon commence the implementation of the 500,000 job opportunities for volunteer corps as well as implement the planned micro credit facilities to a minimum of one million market women and artisans.

BIG STORY

JUST IN: Governor Sanwo-Olu Appoints Egube As New Deputy CoS

Published

on

The Lagos State Governor, Babajide Sanwo-Olu, has appointed former commissioner for Budget and Economic Planning, Sam Egube, as the new Deputy Chief of Staff.

Egube was appointed by the governor after the seat became vacant following the demise of his former Deputy Chief of Staff, Gboyega Soyannwo.

Sanwo-Olu announced the former commissioner’s appointment barely a week after Soyannwo was laid to rest amid eulogies in the state.

The governor announced Egube’s appointment on Wednesday during the commissioning of 15 high capacity ferries designed to increased ridership on waterways across the state.

 

More to come…

Continue Reading

BIG STORY

JUST IN: CJN Summons Judges Over Conflicting Orders On Kano Emirship Tussle

Published

on

Olukayode Ariwoola, the Chief Justice of Nigeria (CJN), has invited the chief judges of the federal high court and the Kano state high court over conflicting orders on the emirship tussle in Kano.

Both courts have issued conflicting interim injunctions on the tussle between Aminu Bayero, the dethroned Emir; and Muhammadu Sanusi, the reinstated Emir.

The orders have exacerbated the tension and chaos in the state.

 

More to come…

Continue Reading

BIG STORY

BREAKING: President Tinubu Signs Bill To Reintroduce Old National Anthem Into Law

Published

on

Nigeria’s President, Asiwaju Bola Ahmed Tinubu, has signed the bill seeking to reintroduce the old national anthem into law.

Godswill Akpabio, senate president, made the announcement at the joint sitting of the senate and house of representatives on Wednesday.

Akpabio said the president signed the bill into law on Wednesday morning.

 

More to come…

Continue Reading

Most Popular