₦airaland Forum

murecool:
A major feature of Nigeria’s economic response to the COVID-19 pandemic as indicated in the Economic Sustainability Plan currently being implemented, has been the openness to new and creative ideas, all in a bid to save jobs, protect businesses, and attract new investments, according to Vice President Yemi Osinbajo, SAN.

Prof. Osinbajo stated this on Tuesday during a webinar with some French business leaders under the auspices of the Franco-Nigeria Chamber of Commerce and Industry.

The Vice President noted that part of what the Buhari administration had done in its response to the pandemic was to “build a business environment that will be supportive of domestic and foreign investors.”

According to Prof. Osinbajo, “it is important to recognize that the pandemic, which really is the cause of the downturn, not just in the Nigerian economy, but practically all of our economies, all over the world, except perhaps China, also provides incredible opportunities for doing all manner of very innovative, and creative things.

“And I think that we are in a season where we are ready to experiment and ready to do a lot more. And if you look at our Economic Sustainability Plan, which is our response to the pandemic, what we tried to do was to do a few things that we thought would be game changing.”

Continuing, he said “for example, one of the important things that we are trying to do with respect to renewable energy is with solar power. We are collaborating with several solar power companies to provide, within the next 12 months, 5 million Nigerian households with solar home systems.

“This is partly to address the issues with the national grid by providing more off-grid capacity and provide more opportunities in the renewable energy space. What we are doing is to get the financing through the Central Bank of Nigeria as part of the Economic Sustainability Plan.”

Speaking on the issue of backward integration and citing the example of Fan Milk Plc, Prof. Osinbajo said private sector commitment need to align to the Federal Government’s backward integration policy.

“I am glad to hear that you are already doing 1.5 million litres of milk in Ogun State,” Prof. Osinbajo noted adding however that there is still a lot more to be done.

The Vice President noted that “for us, the issue of backward integration is right, front and centre, and it has been so for many years. We believe that an aggressive pursuit of it is really important for us as an economic policy.”

He continued: “The most important thing, as I said, is that we are committed to backward integration. Unfortunately, over the years, many companies have committed to backward integration but have simply not been as diligent and faithful with those promises. So, we really want to see much greater commitment and a plan that is as aggressive as our own aspirations.”

Participants at the forum include Minister of Industry, Trade and Investment, Otunba Niyi Adebayo; The Executive Secretary and CEO of Nigerian Investment Promotion Commission (NIPC), Mrs Yewande Sadiku; the French Ambassador to Nigeria, Mr Jérôme Pasquier; Chairman of the Board of the Franco-Nigeria Chamber of Commerce and Industry, Mr Usman Mohammed, representatives of some French companies operating in Nigeria including Total Nigeria, Air France, Kwik Delivery, among others.

*Laolu Akande,*
*Senior Special Assistant to the President on Media & Publicity,*
*Office of the Vice President.*
24th November 2020.

Nigeria will surly prevail

Whatever the case maybe the Vice President we all know is not an ambitious man so 2023 or not the Vice president is the best and is loved by all, let's say God made him to be a point of attraction to people whenever he comes in contact with them.

NA GOD DO AM SO.
say anything he is the people choice even if he want to come or not 2023 is still far.

ojokolax:
I'd say it's really not bright up your stairs but then again Charlie your be fine in this new year, all the beef your slugged from last year to this one would fester and feed you well

That is where you show how lost you are! hate will not take us anywhere change your mind set.

[quote author=clarocuzioo post=85437204]Ohhhh!! You mean the N-Power he looted money that they have to remove it from his office to give to a woman to handle?

Ohh!! He chaired the economic team that successfully led Nigeria to recession and you are not even ashamed to mention it?

OHh!!! You mean the diversification in economy that resulted in dwindling revenue from FIRS that the presidency is complaining of, and Fowler has to be queried about it ?

Ohhhh!!! You mean signing a deal that has resulted in total constant collapse of the National grid, and generation not more that 4,000MW according to data from his office?

Ohh!! You mean the second Niger bridge that no dime was release for it in 2016 and 2017, a bridge of about 1.7km, and only 28% of it has been adone according to the company handling it Julius Berger, but the government propaganda machines like you portrays it like its been completed.

Little wonder he resorted to taking pictures because he obviously can't keep up with the rigours of his office.

Nonsense and ingredients.

Mr you should have to reason like real human being all that you mentioned about the Vice President, do you make any sense? Answer yourself we should start 2020 with good and pure heart.

That is how all of you that will carry over your hate and negative things of 2019 to 2020 will be squashed.

Whatever or whoever that is behind all this God will expose and destroy them one by one.

This group should go and read their constitution abeg.

When the Vice President was Acting President the time Mr president was on a medical trip He act accordingly been in the shoe of his boss, in this case this boss is around SAN no SAN the Vice President has nothing to do with what is happening to To Sowore or whatever Falana is saying about the Vice president because he is a wise man and acting with wisdom and God's divine direction.

Wait ooo is the Vice President the judge over the guys case or what? Sowore flaunted the conditions give to him and you all expect the Vice President to say or do what? Please you should allow the man to have peace.

That is is a very welcome and good thing to do.

Now we all know the difference between professional and Amateur, the cabals should keep doing and spoiling this government.

FFK is a disgrace to his kind.

Very commendable Mr Vice president

The vice president is an innovative man by that he is always encouraging the youths.

Nigeria is getting there, to God be the glory.

Bode is just looking for attention and he don't know where to take his frustration too.
He is not respecting his old age.

The vice president don't have to answer you because you were converted based on evidence and you could not defend yourself because its true. So what do you want him to say? He should say sir sorry for jailing you for your wrong doing Pa Boda please make we hear word.

The forces that are behind all this is the PDP nothing else

That is very important at less the federal government will be a bit relief.

God bless the president, vice president, the people of Nigeria.

He may be paid by those that are trying to paint the VP black, because the gullible and miscreants can do such thing.

His arrest has nothing to do with the Vice President oooo! The gullible just know that

Wow that is very commendable all thanks to Vice president.

Ffk is just looking for attention which is impossible

Ffk you are a disgrace to the Yoruba race, get lost

Over what should he apologize?

Very nice to educate those people that really think the government is not making head way on corruption, we can see their great achievements.

He has not seen nothing yet hope he don't want to respect himself.

As a child of destiny God will always be your protector and guide.