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Infrastructure Gap: Nigeria Needs $350bn

Infrastructure Gap: Nigeria Needs $350bn … Osinbajo Tasks Capital Market to Fund Economic Dev The Acting Director General, Security and Exchange Commission (SEC)Ms Mary Uduk has disclosed that an estimated $350 billion is needed to fix the large infrastructure gap across the 36 states of the...

Osinbajo Inaugurates BUA’s N107bn Cement Plant In Sokoto

Osinbajo Inaugurates BUA's N107bn Cement Plant In Sokoto Vice-President Yemi Osinbajo on Tuesday in Sokoto State inaugurated the BUA cement and coal power plants built at the cost of $350m (N107bn). The cement plant situated in Kalambina, Sokoto State, has an installed capacity of 1.5 million...

President, Osinbajo’s Trips To Gulp N1.3bn In 2018

President Muhammadu Buhari and Vice-President Yemi Osinbajo will spend N1.3bn on their numerous trips in 2018. The figure was part of the details of the 2018 Appropriation Bill  the President presented to the National Assembly last week. According to the details, the two Nigerian leaders will...

FG Pays N50bn To 62 Contractors

Vice President Yemi Osinbajo has disclosed that federal government paid about N50 billion to 62 contractors working on 149 projects this year in order to continue works on the nation’s roads and bridges and sustain the workforce. This is even as he revealed that payments...

Investment Inflow Into Africa To Reach $75bn – Osinbajo

Vice-President Yemi Osinbajo described the continent of Africa as a land of immense opportunities, noting that Foreign Direct Investment inflow into the region was expected to hit $75.5bn by the end of this year. Osinbajo stated this in Abuja at the opening session of a...

Osinbajo Calls For Action Against Corporate Secrecy

Vice President Yemi Osinbajo has again called for an intensified global action against vices associated with corporate secrecy stating that “breaking the wall of secret corporate ownership is an existential matter.’’ Speaking at the opening of the Extractive Industries Transparency Initiative (EITI) Beneficial Ownership Conference...