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Politics › Re: FG, State Governors Committed To Implementing NLTP - Presidency by Lifted2000: 6:55am On Jul 18, 2021

Thank you for the update ��

Politics › Re: FG, State Governors Committed To Implementing NLTP - Presidency by Lifted2000: 6:53am On Jul 18, 2021

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Politics › Re: FG, State Governors Committed To Implementing NLTP - Presidency by Lifted2000: 6:52am On Jul 18, 2021

The fact should not be disputed

Politics › Re: Yemi Osinbajo Vs Kingsley Moghalu: Your Take On Public Officials And Umbrellas by Lifted2000: 3:48am On Jul 09, 2021

His excellency being excellent in his ways

Politics › Re: Confusion As Osinbajo, Gambari’s Roles Clash At Emir Of Kano’s Coronation by Lifted2000: 8:40am On Jul 04, 2021

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Politics › Re: Confusion As Osinbajo, Gambari’s Roles Clash At Emir Of Kano’s Coronation by Lifted2000: 8:39am On Jul 04, 2021

Politics › Osinbajo: Kano Is Home To All Nigerians, It Has Legacy Of Tolerance. by Lifted2000(op): 6:56am On Jul 04, 2021

Vice-President Yemi Osinbajo says Kano state is home to all Nigerians, considering its level of tolerance, irrespective of ethnicity.

Osinbajo spoke on Saturday at the coronation ceremony of Aminu Ado Bayero as the 15th Emir of Kano.

According to a statement by Laolu Akande, his spokesperson, the vice-president also noted that the state has done well in terms of promoting economic growth for the country.

“It is only the tolerance of the culture of Kano, where opposite ideas can co-exist peacefully, that you could have a thriving free market economy, with several millionaires and yet also be the base of radical left of centre political ideas,” he said.

"This is after-all the city of the socialist man of the masses, Mallam Aminu Kano and many of his disciples. Kano is also the home of the richest man in Africa, Alhaji Aliko Dangote.

“We are all proud of this city; proud of its legacy of tolerance and warmth and very proud that it indeed remains home to all and for all Nigerians, regardless of tribe and ethnicity, and the melting pot of diverse tribes and cultures assimilated into a robust, vibrant and cohesive whole.”

Osinbajo also congratulated Abdullahi Ganduje, Kano governor, for “midwifing a generational change of guards that only a few will experience in their lifetimes”.

The swearing-in and handing over of the Staff of Office to the new Emir of Kano is in fulfillment of the extant law and practice of the installation of emirs,” he added.
Congratulating the emir on his coronation, the vice-president expressed optimism that Bayero would “exceed the reputation of your illustrious forebears”.

[url][/url] https://www.thecable.ng/osinbajo-kano-is-home-to-all-nigerians-it-has-legacy-of-tolerance/amp

Politics › Osinbajo Resolves CBN, Governors Differences Over Loan Repayment by Lifted2000(op): 6:31pm On Jul 03, 2021

Vice President Yemi Osinbajo’s mediation in the disagreement between the Central Bank of Nigeria (CBN) and states over the repayment of the budget support facilities obtained has resulted in reconciliation.

Recalled that governors had requested that the loan repayment, due in May, be deferred.

The CBN Governor, Godwin Emefiele, had however, emphasized the importance of the timely repayment of loans, especially those owed to commercial banks, indicating the challenges inherent in a further delay in payment, including audit concerns.

Osinbajo’s spokesman, Laolu Akande, in a statement, said the Council was informed that the issue of the repayment of the Budget Support Facility has now been resolved after a meeting presided over earlier this week by the Vice President, Governor Kayode Fayemi, representing the States, the Finance Minister, and the CBN Governor, Emefiele.

Under the new arrangement, the CBN has offered a fresh bridging financing to States as they resume the repayment of the FG-backed Facility.

Osinbajo at the meeting also urged governors of states where State Judicial Panels set up across the country after last year’s EndSARS protests to submit interim reports so as to measure progress.

He said this at the emergency National Economic Council (NEC) where he presided at the State House, Abuja, where remained the governors that the reports are now being received ahead of a Council meeting where presentations would be made on them, both for States where the panels have concluded their work and those that are still sitting.

It will be recalled that the Council recommended the establishment of judicial panels nationwide to address complaints of police brutality after l President Muhammadu Buhari dissolved the Police SARS unit. Almost all States in the Federation set up the panels, including the Federal Capital Territory.

The Council comprises the 36 State Governors, the Minister of the Federal Capital Territory, and the Governor of the Central Bank of Nigeria (CBN), as well as other senior Federal Government officials.

The NEC has endorsed the 2022-2024 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) which was presented at the Council.

The meeting which has several State Governors, FCT Minister, Finance Minister, Central Bank Governor, and other government officials in attendance.

During the presentation of the MTEF to the Council, the Minister of Finance, Budget and National Planning, Dr. Zainab Ahmed, stated that the draft of the 2022-2024 MTEF/FSP was prepared against the backdrop of global economic recovery, amidst improved vaccination outlook and lower incidence of (COVID-19) infection.

She also said the Nigerian economy sustained a tepid recovery in first quarter of 2021 posting a Year-on-Year (YoY) GDP growth of 0.51%, consolidating the exit from recession in Q4 2020, reflecting the easing of COVID-19 induced restrictions.

She recalled that the economy, which lapsed into recession in Q3 2020, after two successive quarters of negative GDP growth, promptly emerged from the recession with a positive 0.11% GDP growth in Q4 2020. She added that the Medium Term Fiscal Framework showed that there are continuing global challenges in the aftermath of the COVID-19.

https://www.sunnewsonline.com/osinbajo-resolves-cbn-governors-differences-over-loan-repayment/

7 Likes 1 Share

Politics › Riches To Tackle Unemployment In Nigeria Buried In Ground ― Osinbajo by Lifted2000(op): 9:28pm On Jul 01, 2021

Vice President Yemi Osinbajo, Thursday lamented that resources that should be used to tackle unemployment in the country were buried in the ground in different parts of the country.

Professor Osinbajo said unless the country gets the management of its solid mineral resources right, it would continue living in the terrible paradox of suffering in the midst of plenty.

The Vice President stated that during the maiden edition of the strategic engagement on sustainable mining with the theme: “Resurrecting Our Buried Prosperity”.

According to him, “So buried in the ground in various parts of Nigeria are riches that could ensure that no Nigerian is unemployed, underfed, or neglected.

“And this is not mere speculation because, before the discovery of oil, Nigeria developed its infrastructure, roads, rail, dams, provided free education in the western region for example, from the proceeds of minerals, agriculture and taxes.

“But with the discovery of oil, these incredible riches have remained buried in the ground for decades. In many parts of the country, you find illegal miners with poor equipment essentially scraping the surface of these deposits.

“Some better-equipped operators are able to do more, but they largely exploit cheap labour, and pay next to nothing in taxes or royalties, and cause environmental damage that is never remedied.

” It is clear that unless we get the management of our solid mineral resources right, we would continue living in the terrible paradox of suffering in the midst of plenty. The problems are numerous but solvable.

” The principal issue is that of the challenges of implementing the regulatory framework. While the Ministry of Mines and Steel has the legislative mandate to regulate mining in the country, many states and local governments have embarked on the imposition of their own rules and regulations on miners in their States, including issuance of Registration, Permits, Community Development Agreements (CDA) and Memorandum of Understanding (MOU) on miners.

“Some State Governments, in a bid to shore up their revenues, impose illegal fees, taxes, and levies on foreign and local licensed mining companies and operators.”

Professor Osinbajo said the federal government required the cooperation of states, council areas and mining communities, for the mining sector to become adequately beneficial to Nigeria.

He also noted that Nigeria must put an end to the culture of exporting its raw materials, start maximising the advantages of refining raw products and exporting products with value added as this has more to offer in terms of job creation and others.

He submitted that the federal government would not be able to effectively regulate mining activities in the country without the active participation of the state and local council structures, explaining further that the centre must also ensure that appropriate incentives go back to the sources.

He emphasized the need for the federal government to ensure that mining communities receive adequate attention, both for residents and for the environment around the communities.

He said, “Mining revenues go to the Federation Account and is shared between the Federal Government, States and Local Governments. States where resources come from get 13% derivation in addition to their share.

“The Federal Government cannot effectively regulate mining without actively, and deliberately working with States, Local Governments and mineral-producing communities.

“The Federal Government, States and Local Government have to jointly develop working arrangements to ensure that mining is attractive to investors, profitable for States and Local Governments, not just from proceeds but also from personal income tax paid to States by mine workers and staff of mining companies.

“The communities where mines are located must also have some direct benefits aside from jobs for their residents. We must find a formula for compensating the communities for environmental degradation and erosion.

“There must also be a framework for ensuring that environmental degradation is remedied.

“We must discourage the export of raw minerals. Refining, processing, or beneficiation is the only real way to maximize our mineral wealth and create good-paying jobs and opportunities for our people.”

He noted that Nigeria was already globally a leading producer of Tin, Columbite and Coal as of 1940. He noted that potential coal reserves in the country are currently estimated to be as high as three billion tonnes, adding that “much of our coal is high-grade clean and bituminous with a low sulphur and ash content.

“Even farther back in 1913, gold in commercial quantities had already been found in parts of Northern Nigeria and what is now Osun State. Bitumen was discovered as far back as 1900 mostly in the Southwest Zone, the bitumen belt covering what are now Ondo, Ogun, Lagos, and Edo States and today with deposits in excess of 42 billion tons we have the second-largest bitumen deposit in the world and almost twice our oil reserves.

“How about iron ore? We have the 12th largest iron ore deposit in the world, more than three billion tons. Besides, the Nigerian Geological Survey Agency (NGSA) confirms that Nigeria has over 44 mineral deposits in commercial quantities in over 500 locations across the 36 States and Federal Capital Territory of Nigeria. These minerals range from industrial and energy minerals, such as iron ore and coal, to gemstones, including sapphires, rubies, and emeralds.”

He, however regretted that with the discovery of oil, these incredible riches have remained buried in the ground for decades.

“In many parts of the country, you find illegal miners with poor equipment essentially scraping the surface of these deposits. Some better-equipped operators are able to do more, but they largely exploit cheap labour, and pay next to nothing in taxes or royalties, and cause environmental damage that is never remedied.”

The Vice President also regretted frequent arrests and harassment of licensed miners and their workers, and closures of mining sites as a result of taxes enforcement by states only disincentive prospective investors in the sector and invariably jeopardize the efforts of the Government to deepen the mining industry in Nigeria.

“There is no way this will ever benefit the majority of our people. Then there are the huge security concerns that always develop in the struggle for control of mineral resources in poorly regulated, unregulated, or ungoverned spaces. Almost invariably, these situations lead to criminal activities and particularly, the proliferation of weapons and armed groups. This is true historically and more evident now.

“On the African continent, we have ample examples of how resource extraction can trigger an increase in criminality. Here in Nigeria, armed banditry hiring and equipping of armed groups by illegal but powerful mining concerns in many resources-rich areas is clearly fuelled by the chaotic regulatory environment.

“It is for these reasons that this strategic engagement with the leadership of the 774 local governments is critical. It is apt and timely especially as the Federal government through the Ministry of Mines and Steel seeks to fully implement its robust and wide-ranging remit in policy and legislation.

“This engagement will certainly help in explaining the regulatory framework to the governments at the community level where most of the mining activities take place. It will enable the ministry and other stakeholders to get direct feedback from the local government authorities and those who have to deal with these issues daily.

“But where are we today? In 2016, the Ministry of Mines and Steel Development in collaboration with industry stakeholders formulated The Roadmap for the Growth and Development of the Nigerian Mining Sector Industry. The road map addresses some of the tensions between the Federal Government and subnational entities in relation to mining.

“The Roadmap which identifies partnership with mining communities as one of the “critical levers of success” states that “success in Nigerian mining requires partnership across multiple communities, stakeholders and institutions” and also stresses that “the role of state governments as both co-investors and sector champions is critical.” It further asserts that “a sustainable growth model” for the sector can be found “only through government innovations and partner action e.g. community engagement mechanisms, shared investment and co-creation of opportunities.

“Section 19 of the Nigerian Mines and Minerals Act establishes the Minerals Resources and Environmental Management Committee (MIREMCO). In each state which is composed of representatives of the Federal, State, and Local Governments and is designed to serve as a platform for fostering synergy in mining operations across all tiers of government.

“Consequently, the Act accords communities of the status of co-investors in the development of mineral assets. The Minerals Resources and Environmental Management Committees are important in bringing order, fairness, inclusion, and equity to mining and its value chains.

“Mr. President has also mandated the Ministry of Mines and Steel Development (MMSD) to prioritize the orderly and efficient development of 7 strategic minerals in the Mining Roadmap namely Coal, Bitumen, Limestone, Iron Ore, Barites, Gold, and Lead/Zinc ore to support local industries and for export of processed mineral products”, he explained.
[url][/url] https://www.vanguardngr.com/2021/07/riches-to-tackle-unemployment-in-nigeria-buried-in-ground-%e2%80%95-osinbajo/?utm_source=&utm_medium=twitter

Politics › Re: Nigeria Will Soon Triumph Over Kidnapping, Banditry — Osinbajo Assures by Lifted2000: 9:17pm On Jun 29, 2021

It is my earnest expectation that there will be all round peace.

Politics › Re: BREAKING: Nnamdi Kanu Arrested, Extradited To Nigeria by Lifted2000: 2:43pm On Jun 29, 2021

They are beginning to understand the language

Politics › Re: BREAKING: Nnamdi Kanu Arrested, Extradited To Nigeria by Lifted2000: 2:33pm On Jun 29, 2021

Congratulations Nnamdi Kanu, you made it to your dream land, #KanuTheDestroyer. ��

1 Like

Politics › Re: Osinbajo Lists Fg’s Achievements In Infrastructure Development by Lifted2000: 11:07am On Jun 29, 2021

[url][/url]https://www.theguardian.com/global-development/2021/mar/30/activist-vice-president-yemi-osinbajo-breaks-trend-nigeria

Politics › Re: Osinbajo As President 2023 Is A Nightmare by Lifted2000: 7:50am On Jun 29, 2021

Osinbajo As President 2023 is Wailers Nightmare and your favourite know it.

1 Like 1 Share

Politics › Re: Osinbajo As President 2023 Is A Nightmare by Lifted2000: 6:53am On Jun 29, 2021

The nightmare that will never become president is here⬇️

2 Likes 2 Shares

Politics › Re: Osinbajo: Poor Contract Negotiations Lead To Illicit Financial Flows by Lifted2000: 9:10pm On Jun 28, 2021

We need more men of integrity to handle the international trade negotiations for Nigerians.

Politics › Re: 2023 : Osinbajo A Leader On The Wings Of Grace by Lifted2000: 8:54pm On Jun 28, 2021

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Politics › Re: Osinbajo: We Miss Ajimobi’s Wisdom In Governance by Lifted2000: 11:05am On Jun 26, 2021

Oyo was on the part of a model state till Makinde came to kill and to destroy.

17 Likes 1 Share

Politics › Re: 2023 Presidency: Buhari Will Hand Over To Another Of His Apostle - Osinbajo by Lifted2000: 7:10am On Jun 23, 2021

God will wipe away your tears with the incoming president. Babafemi Ojudu made a great statement.

Politics › Re: Why The N-POWER Scheme Should Be Returned To The Office Of The Vice President by Lifted2000: 4:59pm On Jun 22, 2021

The scheme has been institutionalised under the Federal Ministry of humanitarian affairs.

Politics › Re: Osinbajo: Those Waiting For Nigeria To Break Will Be Sorely Disappointed by Lifted2000: 6:37am On Jun 22, 2021

✅

Politics › Re: Osinbajo: Social Media Won’t Transform Lives, Join Politics by Lifted2000: 6:31am On Jun 22, 2021

This is the koko

Politics › Re: Osinbajo: Those Waiting For Nigeria To Break Will Be Sorely Disappointed by Lifted2000: 6:29am On Jun 22, 2021

Think progressively and responsibly

Politics › Re: NEC Receiving Reports From State Judicial Panels On EndSARS by Lifted2000: 1:04pm On Jun 18, 2021

Congratulations Nigerians, it took Osinbajo judicial panel of inquiry to look into the June 2005 Police Apo six victims of police brutality and families were compensate.

Politics › Re: Osinbajo Appointed Me, Buhari Confirmed It Before Cabal Spoilt It - Kokori by Lifted2000: 10:54am On Jun 15, 2021

Osinbajo always did the right thing at the right time. I remember it is only the President or Acting President that can make appointments, hire and fire at anytime.

Politics › Re: Atiku, Goodluck Jonathan, Sambo, Osinbajo And The Office Of The Vice President by Lifted2000: 8:25am On Jun 15, 2021

The uniformed Nigerians thinks being in the office of the Vice President means appearing daily on TV and radio set to speak ill of the President.

Politics › Re: Osinbajo: Nigeria Needs Leaders Who Will Unite Country by Lifted2000: 6:55am On Jun 15, 2021

The report headline gives me more excitement because he has become a global standard of great leadership.

Politics › Re: Osinbajo: Nigeria Needs Leaders Who Will Unite Country by Lifted2000: 10:16pm On Jun 14, 2021

The statement is specific, understanding is an uphill task for you.

Read through the
link https://www.yemiosinbajo.ng/nigeria-needs-leaders-prepared-to-unite-nigerians-osinbajo-says-at-onirus-one-year-coronation-anniversary/

Maxymilliano:
This man is not elected to be a motivational speaker and for him to admit indirectly that the present leader is not uniting Nigeria is enough for the country to return back to PDP because they tried to unite and bring the country together as one.

1 Like

Politics › Re: Osinbajo: Nigeria Needs Leaders Who Will Unite Country by Lifted2000: 10:03pm On Jun 14, 2021

His Royal Majesty, Oba Abdulwasiu Omogbolahan Lawal to Vice President Osinbajo.

“I want to assure you, Mr Vice President that I will not disappoint you, I will ensure the progress of this kingdom and I will be just.”

Politics › Re: Osinbajo: Nigeria Needs Leaders Who Will Unite Country by Lifted2000: 9:34pm On Jun 14, 2021

A great reminder to elites and citizens in the society. Everyone should take responsibility for leadership.

2 Likes 1 Share

Politics › Re: Osinbajo Expresses Worry Over Youth Unemployment by Lifted2000: 11:11am On Jun 04, 2021

The headline from punch newspaper is misleading.

In case you missed On Wednesday, @NigeriaGov & @UNDP announced the @NigeriaJFP.

This programme will place 20,000 Nigerian graduates with private and public sector organizations to help kickstart their careers and build valuable skills. Learn more @Mo_UNDP @ProfOsinbajo @EUinNigeria https:///xWWzUrWm5m

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