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Tag Archives: vice president

Power sector reforms making steady progress – Vice President Osinbajo

power supply

POWER SECTOR – Osinbajo’s spokesman, Laolu Akande, in a statement in Abuja, said the vice president spoke at the commissioning of the 2x60MVA, 132/33KV substation and associated 132KV transmission lines in Abeokuta, Ogun State on Thursday. Vice President Yemi Osinbajo says the Federal Government’s power sector reforms are already yielding results as steady progress is being recorded in power generation, ...

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Oshibajo urges African countries to collaborate efforts to develop infrastructure

African countries

Vice President, Prof. Yemi Osinbajo has urged African countries to collaborate in efforts to develop infrastructure in the oil and gas sector for the growth of the region. Osinbajo made the call at the opening ceremony of the Extraordinary Session of the Council of Ministers of African Petroleum Producers’ Organisation(APPO) Abuja, on Monday. He bemoaned the paucity of funds required ...

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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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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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How FMBN can boost housing stock, by professionals

Primary Mortgage Banks

“With Nigerian mortgage industry entering a new era in which efficiency, speed and the customer experience will be more crucial than ever, housing professionals have urged the new helmsman of the Federal Mortgage Bank of Nigeria, (FMBN) Ahmed Dangiwa to focus on cheap and long term funds, with low digit interest rates and longer debentures.”- The Guardian They believe that housing ...

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