Wednesday, 28 October 2015

Buhari won’t appoint coordinating minister of economy – Osinbajo

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Vice President Yemi Osinbajo on Wednesday said in constituting his cabinet, President Muhammadu Buhari would not name any minister as the Coordinating Minister of the Economy.
Dr. Ngozi Okonjo-Iweala combined that office with the portfolio of the Minister of Finance under the administration of former President Goodluck Jonathan.

The Senior Special Assistant to the Vice President on Media and Publicity, Mr. Laolu Akande, in a statement on Wednesday quoted Osinbajo as speaking while receiving the Australian High Commissioner to Nigeria, Mr. Jonathan Richardson, at the Presidential Villa, Abuja.
“We are not going to have a system like where there was a coordinating minister. No, there would not be anything like that.
“My role is to ensure that everyone that is involved in economic activities, that there is a way by which the President is fully apprised of what everyone is doing such that we are all on the same page and to make it easier for the President to make decisions,” Osinbajo told his guest.
He also expressed the Federal Government’s willingness to deepen the existing bilateral relations, especially in the area of economic cooperation with Australia, in mining, agriculture, shipping and transport sectors as well as in the area of infrastructure development.
He said the government would be interested in exploring deeper relationship on economic cooperation as it is a major area in diversifying the nation’s economy.
He lauded Nigeria’s excellent bilateral relations with Australia and commended the Australian government for the various capacity building initiatives in Nigeria and its investments in some key sectors of the economy.
The High Commissioner said his country was seeking to enhance relations with Nigeria in areas of commercial development and was ready to offer technical assistance in some sectors which the country has given priority to.
Meanwhile, Osinbajo had said that the Tuesday public opening of technical and commercial bids for the purchase and sale of Nigeria’s crude oil was in keeping Buhari’s pledge to run an open and transparent government.
He promised that the present administration would continue the tradition.

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