Nigeria spending $8bn on used vehicles importation annually – Osinbajo

The Vice President, Prof. Yemi Osinbajo, has expressed concern over the deleterious effects importation of used vehicles on the nation’s potential foreign reserves, with used vehicles importation costing the country about $8 billion yearly. The Vice President, who stated his concern over the huge import bill at the Abuja International Motor Fair on Tuesday, disclosed […]

Risk principles adoption in PPP projects will close infrastructure gap – Osinbajo

The Vice-President, Prof. Yemi Osinbajo, on Tuesday said that the right application of risk allocation principles in infrastructure projects was key to ensuring bankability and long-term viability of public-private partnership (PPP) interventions in the country. The Vice President, who pointed out that any attempt to relegate the centrality of risk allocation in PPP contracts could […]

FG to invest more in Nigerians for sustainable growth

The Vice President, Prof. Yemi Osinbajo, on Thursday restated the Federal Government’s determination to continue to invest in the Nigerian people as a strategic option of creating the human capital capacity needed to ensure sustainable development of the country. The Vice President, who gave this assurance at the launch of the National Micro, Small and […]

Osinbajo inaugurates TraderMoni in Owerri

Vice President Yemi Osinbajo on (Saturday) inaugurates TraderMoni initiative, a Federal Government’s Social Investment Programme, in Owerri, Imo State. Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, disclosed this in a statement on Friday in Abuja. The initiative was designed to assist petty traders across the […]

FG seeks World Bank, Gates Foundation’s support on NHIS coverage

Nigeria’s Vice President, Prof. Yemi Osinbajo, has called on the World Bank and the Bill & Melinda Gates Foundation to assist the Federal Government in its health funding needs to provide better health insurance coverage for Nigerians. Osinbajo, who made the appeal at a forum in Minneapolis, the United States, stated that the solicitation for […]

$982.8bn oil money: Osinbajo flays IBB, Obasanjo, Jonathan, others for wasteful spending

Vice-President Yemi Osinbajo has said he marvelled how past Nigerian leaders spent the oil revenues that accrued to the country during their administrations. The past leaders he indicted included Ibrahim Babangida; former President Olusegun Obasanjo and former President Goodluck Jonathan, According to a statement on Monday by his Senior Special Assistant on Media and Publicity, […]

Buhari govt will bring Nigerians out of poverty – Osinbajo

Vice President Prof. Yemi Osinbajo has assured that the President Muhammadu Buhari administration will continue to focus on taking Nigerians out of poverty through social investment programmes. Osinbajo gave the assurance during a townhall meeting on Tuesday in Bariga/Somolu LCDA in Lagos State to felicitate with Lagosians on the Sallah celebrations. In a statement on […]

NCP approves advisers for BPE’s 2018 transactions

The National Council on Privatisation (NCP) has approved the appointment of advisers for three transactions undertaken by the Bureau of Public Enterprises (BPE) for the current year. The approval by the Council is part of government’s reform strategy for privatized entities in the country. The transactions for which advisers were approved are, the partial commercialisation […]

FG, Kano Govt seal N12.7bn pact on WASH projects

The Federal Government and Kano State Government today signed a N12.7 billion agreement for the purposes of improving water, sanitation and hygiene services delivery to the people in the state. Speaking at the agreement signing ceremony in Abuja, the Minister of Water Resources, Suleiman Adamu, explained that the Partnership for Expanded Water Supply, Sanitation and […]

Police names new anti-robbery squad unit ‘FSARS’

The Police authorities have renamed the anti-robbery squad as the ‘Federal Special Anti-Robbery Squad (FSARS),’ with a new commissioner of police appointed to head the unit. The announcement came barely a few hours after the Acting President, Prof. Yemi Osinbajo, directed the Inspector General of Police (IGP), Ibrahim Idris, to disband the former SARS unit […]