Good Signs from Non Oil Sources- VP Osinbajo

Vice President Yemi Osinbajo, SAN, took time off after a detailed session with private sector chieftains last week in Lagos to engage journalists also on the direction of the Nigerian economy. Below is the full Q&A interaction between him and members of the press released by Laolu Akande, Senior Special Assistant-Media & Publicity . 

Question: Thank you so much your Excellency for speaking to us. Up to this point our interactions with the private sector suggest a lot of frustration at the pace of reforms it’s definitely a difficult time for the government no doubt, but my first question to you is to speak to the point about creating an enabling environment in broad terms for the private sector to thrive. There is a sense, from my interaction with many in the private sector that the government to a large extent is trying to fix things on its own, there isn’t enough of an engagement with the private sector and of course for that to work there needs to be an enabling environment how do you respond to that?

Diversification: "We Realize The Urgency of The Moment" Says VP Osinbajo

These are exciting times for Agriculture in Nigeria, considering President Muhammadu Buhari's vision for the (agric) sector, as an integral part of the country's plan for sustainable economic growth and development.

Vice President Yemi Osinbajo, SAN, expressed this view earlier today during a meeting at the Presidential Villa with a group of Nigerian and Mexican agro-business interests.

 "President Buhari has said it repeatedly that agriculture and solid minerals, especially agriculture is our economic way out. 

This is the president's vision, and our job-the rest of us- is to look for ways to get that dream actualized," Professor Osinbajo said at the meeting which was also attended by the Minister of State for Agriculture & Rural Development, Mr. Heineken Lokpobiri. Lokpobiri led a Mexican agro-business concern, the San Carlos Group and their Nigerian partner Wells Farm, from Edo State.

Federal Government's Social Investment Programmes Secure Nigerians' - VP Osinbajo

The constitutional and philosophical underpinnings for the N500B Social Investment Programmes of the Buhari presidency is a mandate without which the inalienable right to life guaranteed Nigerians by the Constitution becomes meaningless.

Put differently, according to Vice President Yemi Osinbajo, SAN, unless government invests significantly in getting people out of poverty, and address other critical issues affecting children and other vulnerable groups, the inalienable right to life provided for in the Nigerian Constitution is meaningless.

“It is a victory for a point of view namely that the inalienable right to life confirmed in the Nigerian Constitution is meaningless in a society where large numbers are poor, if government does not invest significantly in getting people out of poverty and address the health and education issues of children and other vulnerable groups”.

'One Million Nigerians to Be Paid N5000 Monthly Allowance in 2016' - Osinbajo

Vice President Yemi Osinbajo says one million poor Nigerians will be paid N5000 monthly as it has been appropriated for in the recently passed 2016 budget. In a statement released by his Senior Special Assistant on Media and Publicity, Laolu Akande, Osinbajo said N68.7 billion has been budget for this purpose.

The statement also adds that more than 8 million Nigerians will benefit from palliatives and incentives planned out for by the Federal Government this year to help cushion the effect of our harsh economic realities.

“Altogether, the Federal Government would be directly impacting the lives of more than eight million Nigerians in different social investment 2016 budget spending that would provide succor and be a ready-made palliative to ordinary Nigerians. The direct payment of N5000 monthly to one million extremely poor Nigerians for 12 months as provided for in the 2016 budget for which N68.7B has been appropriated.

We The Government Acknowledge The Pains You Face - VP Osinbajo Tells Nigerians