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Tag Archives: Yemi Osinbajo

FG has invested $10bn in infrastructure development – Osinbajo

infrastructure development

Vice President Yemi Osinbajo has disclosed that the Federal Government has invested close to 10 billion dollars in infrastructure development in the last three years. Speaking on Tuesday at the opening session of the Direct Investors Summit Nigeria, the vice president said the investment which focused on road projects, power and a new national rail network, was unprecedented. He said: ...

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FG Completes Handing Over Of Presidential Lodge, Marina To LASG

Presidential Lodge

The Federal Government on Tuesday completed the final handing over of the Presidential Lodge, Marina to the Lagos State Government about twenty years after the journey to actualize it commenced. Speaking at the brief but impressive handing over ceremony, held at the Conference Room of Federal Ministry of Works, Power and Housing in Abuja, Lagos State Governor, Mr. Akinwunmi Ambode ...

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Why Nigerians must pay high electricity tariffs – Yemi Osinbajo

yemi osinbajo on electricity tariffs

Vice President Yemi Osinbajo on Monday said payment of high electricity tariffs is inevitable for Nigerian electricity users. Mr. Osinbajo said this while speaking at the Sixth Presidential Business Forum held at the old Banquet Hall of the Presidential Villa, Abuja. A statement signed by Laolu Akande, the vice president’s media aide, quoted Mr. Osinbajo as saying that the government ...

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Osinbajo restates FG’s commitment to provide housing for low income citizens

housing for low income earners

Vice President Yemi Osinbajo has reiterated the commitment of the Federal Government to tackle the housing deficit, especially housing for low income earners in the country. Osinbajo, who was represented by the Minister of States for Power, Works and Housing, Mr Suleiman Hassan, said this in Abuja on Tuesday at a One-Day High-Level Dialogue on a Pro-Poor PPP Housing programme ...

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Osinbajo flags off construction of Bonny-Bodo road project

Osinbajo flags off construction of Bonny-Bodo road project

“The Vice President of the Federal Republic of Nigeria, Professor Yemi Osinbajo, SAN (GCON), today in Bonny flagged off the construction of the N120 billion Bonny-Bodo road to be jointly funded by Nigeria LNG Limited (NLNG) and the Federal Government, through the Federal Ministry of Power, Works and Housing.”- World Stage Nigeria LNG is contributing the sum of N60 billion ...

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NRC says they will deliver Lagos-Ibadan standard gauge rail in 2018

Lagos-Ibadan standard gauge rail

“Despite issues of right of way and others impediments slowing down work on the ongoing construction of a new Lagos-Ibadan standard gauge rail, the Nigerian Railway Corporation has said there is no going back on the December 2018 delivery date.”- Punch The Chairman of the corporation, Usman Abubakar, gave the indication on Tuesday in Lagos after a meeting of the ...

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Osinbajo says Nigeria’s housing deficit is too high

Nigeria’s housing deficit

“Nigeria’s housing deficit is too high to be acceptable, Vice President, Prof. Yemi Osinbajo, has said.”- Punch Osinbajo who spoke at the 2017 Housing Summit in Abuja on Tuesday said, although, no nation had been able to provide all the housing needs of its citizens, the housing crisis in developing countries including Nigeria was very bad. The Vice President, who ...

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Federal government to begin action plan on ease of doing business

repositioning of Africa’s economy

According to Y Naija, the Federal Government will on October 2 begin another 60 days action plan on the ease of doing business in the country. Minister of Industry, Trade and Investment Okechukwu Enelamah, stated this at the end of an expanded Presidential Enabling Business Environment Council (PEBEC) meeting at the Presidential Villa in Abuja. The meeting was chaired by ...

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