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Tag Archives: Yemi Osinbajo

How power sector lost N1.43 bn on June 17 to gas, grid disruptions

power transmission lines

Fresh figures statistics released by the Presidential Advisory Power Team (PAPT) overseen by the Acting President, Yemi Osinbajo on Wednesday revealed that the nation’s power sector lost about N1.43 billion to constraints associated with grid and gas in one day (June 17, 2017) . Details showed that the disruptions involved 1,724 mega watts (MW) for gas while line constraints involved ...

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2018 budget’ll hit the National Assembly before October this year—Udoma

Udoma

Indications have emerged that the annual budgetary timing challenge which frustrated both the 2016 and 2017 budget may not rear its head again. This is coming on the heels of the revelation made by the Acting president, Yemi Osinbajo shortly after inking the 2017 Appropriation Bill into law, showing that preparatory activities for the 2018 budget based on the Federal ...

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FG raised PIPCAC to boost partnership between public, private sector operators

Acting president, Prof Yemi

More details have emerged on why the Acting President, Yemi Osinbajo earlier in the week inaugurated the Presidential Industrial Policy and Competitiveness Advisory Council (PIPCAC). The Council which he, Osinbajo will serve as the Chairman had two Executive Vice chairmen. Whereas the Minister of Investment, Commerce and Industry, Dr. Okechukwu Enelamah will serve as the Vice Chairman, Public Sector, Aliko ...

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Fear of exposing expatriates to pollution hazards behind non-relocation of IOCs— Reports

Oil firms

A report released by the Business Hilights Economic Research Team (BHERT) on Monday in Port Harcourt after one week of intelligence gathering on why International Oil Companies (IOCs) in oil communities have shown that the reason behind the rejection of the presidential order is to avoid exposing its expatriates to the hazards of environmental pollution. BH had few days after ...

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DEMOCRACY DAY SPEECH BY ACTING PRESIDENT, H E, PROF. YEMI OSINBAJO

Acting president, Prof Yemi

DEMOCRACY DAY SPEECH BY HIS EXCELLENCY, PROF. YEMI OSINBAJO, SAN, THE ACTING PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA, COMMEMORATING THE SECOND ANNIVERSARY OF THE BUHARI ADMINISTRATION, MAY 29, 2017   Dear Nigerians, I bring you good wishes from President Muhammadu Buhari, GCFR, who as we all know is away from the country on medical vacation.   Today marks the ...

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Osinbajo worried on jumping price of Garri, Nigeria’s leading staple food

GARRI Osinbajo

Indications emerged towards the end of last week that the Federal Government may issue another Executive Order that will compel security agencies and states governors to take proactive steps towards ending frustrations faced by farmers in the hands of Fulani herdsmen. Since the beginning of second quarter, there has been a steady rise in the price of Garri while other ...

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Worst disruptions in oil communities over, we look ahead to 2.2mbpd soon—Oando

oando-logo

Relying on the sustained peace in oil producing communities since the visit of Acting president some months ago, the chief executive of Oando Plc is upbeat that production could reach 2.2 million barrels per day (bpd) by the end of June. Business Hilights recalls that at the return of hostilities in oil rich Niger Delta, Acting President, Yemi Osinbajo summoned ...

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More jobs coming for Nigerian graduates soon, says Acting President, Osinbajo

Acting president, Prof Yemi

Though it was not purely based on success rate of the scheme, Acting President Yemi Osinbajo has ordered immediate expansion of the beneficiaries of the half a trillion naira social investment programme to create more jobs for graduates. It would be recalled that model of identity had been the key frustrating factors in the administration of the scheme, even as ...

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Power generation on the rise, hits 4,518MW

dam scheme

Indications have emerged showing that the success of the recent tour of the oil rich Niger Delta by the Vice President, Prof. Yemi Osinbajo has continued to bear fruits not only in raising oil production output, but in power generation. This is seen from the daily power generation report released by the Transmission Company of Nigeria (TCN) which shows that ...

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Coalition of Niger Delta Agitators threatens to resume vandalism over unfulfilled promises

militants-and-buhari

Tension is on the rise in the volatile oil rich Niger Delta region following fresh threats by a coalition of militant groups over what they described as inability of government to fulfill promises in the development of the area and their welfare. In a statement signed by the leaders of Niger Delta Watchdog, ‘General’ John Duku; ‘General’ Ekpo Ekpo of ...

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