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Tag Archives: Prof. Yemi Osinbajo

China rounding up sub-Saharan Africa with ‘sweet’ funds for developments, but…

Nig China Rel

Starting with Nigeria, China has been giving strategic financial assistance in several infrastructural projects. Apart from working with Lagos State Government to provide loan and engineering assistance in the ongoing development of Lagos-Badagry Expressway, the Nigerian government recently ran into the financing ‘trap’ of China in the ongoing reconstruction of Lagos-Ibadan Expressway and so many other projects. Only recently in ...

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Finally, Osinbajo signs 2017 budget today, Monday @ 4.41pm

Osinbajo signs

The Acting President, Prof. Yemi Osinbajo, this Monday evening signed the 2017 Appropriation Bill into law. The Appropriation Bill was passed by the National Assembly and transmitted to the Presidency since May 19 with some additional increment which the presidency may have been battling to find out if the act was a breach. Business Hilights had earlier on Monday (today), ...

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FCMB visits Presidential Villa, gets commendation for donating school feeding portal

FCMB logo

The management of First City Monument Bank (FCMB) has announced the donation of a school feeding portal to the Federal Government. Making the announcement during an official visit to the Presidential Villa, Abuja, the bank said in a statement that “the visit provided an opportunity for our management to formally donate to the Federal Government; a home-grown school feeding programme ...

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Citizens decry missing impacts of Paris Club refund as FG opens up on details

Adeosun Buhari

Just as the Federal Government weekend revealed how it allocated the first tranche of N516.38bn reimbursement made to the 36 states of the federation and the Federal Capital Territory from the Paris Club debt refund, citizens across the states have decried the way and manner many states appropriated the windfall. According to experts, even though the money was purely states ...

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Osinbajo may sign 2017 budget before this week’s FEC meeting—-Dogara

Acting president, Prof Yemi

A strong indication has emerged that all is set for the Acting President, Prof Yemi Osinbajo to assent to the 2017 Appropriation Bill into law possibly before or during this week’s Federal Executive Council (FEC) meeting on Wednesday. National Assembly had passed the N7.441tn budget after its harmonization by both chambers. It would be recalled that the document had been ...

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Anxiety grips hotels, banks on Lagos Airport road as FG allows state to expand road

Ambo Fashola

Following Wednesday’s presidential approval granted to Lagos State to expand Muritala Mohammed International Airport (MMIA) road to 10-lane, apprehension has gripped several private investments in hotels, banks and filling stations along the 20kms road. Checks by Business Hilights on the stretch shows that about seven hotels and 11 banks premises may be pulled down to allow for the expansive widening ...

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Zinox boss, Ekeh sees FG’s Executive orders as catalysts for industrial boom

Zinox Buy Naija

More prominent Nigerians have continued to welcome the recent sweeping Executive orders made by the Acting President, Prof Yemi Osinbajo. Chairman of Zinox Group, Dr. Leo Stan Ekeh has commended the Federal Government on the recent signing of an Executive Order compelling its agencies to buy Made-in-Nigeria goods and services, noting that the move will go a long way in ...

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Only NPA has given signal to comply with FG’s EO to merge maritime operations

NPA railPort

Barely less than one week after the Federal Government issued a sweeping Executive order (EO) directing all relevant ministries, departments and agencies (MDAs) operating at the nation’s airports and seaports to harmonise their operations into one interface station, check at the Nigerian Ports Authority (NPA) by Business Hilights has shown total readiness to comply. Findings in other maritime agencies showed ...

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Banks’ll replicate what we did 5 years ago in oil sector to ERGP—FirstBank MD

FirstBank Md

The managing director and chief executive officer of First Bank of Nigeria Plc., Dr. Adesola Adedutan has give insight on how the Nigerian banks will support federal government’s Economic Recovery and Growth Plan (ERGP). It would be recalled that the Acting President, Prof Yemi Osinbajo, recently called on Nigerian banks to work out a strategy to assist the federal government ...

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‘Coordinator of nation’s affairs’, Osinbajo set to unveil MSMEs Clinic tomorrow

Acting president, Prof Yemi

Acting President, Prof. Yemi Osinbajo will today, Thursday in Katsina launch a Micro, Small and Medium Enterprises (MSMEs) Clinic, as part of efforts to enhance economic activities in the country. Though the Senate had on Tuesday, voided President Muammadu Buahri’s clause transmitting his medical trip to London to the lawmakers describing the position of Osinbajo as the Coordinator of nation’s ...

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