The Presidency is not taking kindly to a recent invitation by the House of Representatives to Vice President Yemi Osinbajo to appear before an ad hoc committee. The Ali Isa-led committee wants Osinbajo to appear before it on why six directors of NEMA, who were implicated in a N2.5billion fraud, were suspended. The Presidency, The Nation gathered last night, considers the invitation an affront to its anti-corruption campaign and a plot to frame up Osinbajo ahead of the 2019 polls. Sources hinted that Osinbajo may not appear before the House Ad Hoc Committee. The VP statutorily heads the Governing Board of NEMA which, about a week ago, suspended six directors of the agency following a report from the Economic and Financial Crimes Commission (EFCC). The affected directors a...
The Federal Executive Council (FEC) presided over by Vice President Yemi Osinbajo on Wednesday approved the dredging of the Warri-Escravos seaport for N13 billion. The Minister of Transportation, Mr Rotimi Amaechi, announced this while briefing state House Correspondents at the end of the FEC meeting. The approval followed the presentation of the proposal early in the meeting by the Managing Director of the Nigeria Ports Authority, Hajia Hadiza Bala Usman. “We got an approval for the dredging of the Escravos-Warri Seaport and the replacement of the bad navigational aids. The total cost of the project was N13 billion.” News Agency of Nigeria reports that the Minister of Water Resources, Mr Suleiman Adamu, also said that the ministry got approval for three memoranda
A former President, Goodluck Jonathan, on Tuesday said Vice President Yemi Osinbajo lied over claims that the Jonathan administration embezzled some funds a few weeks to the 2015 general elections. Mr. Jonathan’s reaction was contained in a statement by his former spokesperson, Reno Omokri. The former president told PREMIUM TIMES he stood by that response. Mr. Osinbajo had on Monday said N100 billion and a separate $289 million were embezzled by officials of the Goodluck Jonathan administration, a few weeks to the 2015 elections. The vice president, who made this revelation while speaking at the 7th Quarterly Business Forum (QBF) held at the State House, Abuja, said the economic woes being faced by Nigerians today were caused by the corruption of the former administration.
Vice-President Yemi Osinbajo has reiterated the alleged massive corruption that characterized the administration of former president Goodluck Jonathan. He accused Jonathan and his cronies of sharing N150 billion two weeks before the 2015 election. Osinbajo disclosed this on Monday, March 19, 2018, during the 7th presidential quarterly business forum for private sector stakeholders which held at the old banquet hall of the presidential villa, Abuja. The current administration led by President Muhammadu Buhari has continually blamed its perceived failure to perform optimally on the depletion of the treasury by Jonathan’s government. Osinbajo said, “In one single transaction, a few weeks to the 2015 elections, sums of N100billion and $295million were just frittered away by
The Federal Government has recanted on its earlier statement saying the proposed $1 billion which the state governors had asked it to withdraw from the Excess Crude Account was to fight Boko Haram. It however maintained that the fund is not meant for fighting the terrorist organisation alone but also to tackle other security challenges. The Vice President, Professor Osinbajo who gave the statement said the fund is meant to fight all forms of security challenges facing various states in the country. The Vice President gave the comments on Tuesday at the opening of the Secretary to the Government of the Federation and Secretaries to state governments’ retreat in Abuja. Osinbajo said that the fund will be used to tackle security challenges such as, activities of Boko Haram in