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Osinbajo says Executive Order yielding fruits, scores Agencies High

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Vice president , Prof Yemi Osinbanjo

The Vice President of the Federal Republic of Nigeria, Prof Yomi Osibanjo has said that the executive order he signed in May this year is bearing fruits.

Prof Osibanjo who said that the order was issued with investors in mind emphasised that remarkable compliance with these orders is being recorded by all government agencies.

The VP made it known that one of the Cardinal objectives of the Buhari administration is the entrechment of peace and the provision of security to all areas of our nation.

Prof Osinbajo gave the hint today at the Nigeria Entrepreneurship Summit & Honours (NESH) 2017 Oil and Gas Roundtable held in Grand hotel, Asaba, Delta State capital.

The VP said that the theme of the event “Peace and Sustainable Development of Nigeria Oil and Gas Producing Areas” is apt, particularly in the current clime of our nation, adding that for the most part of the year, under the directive of PMB, he has had series of engagements with communities in the Niger Delta.

Osinbajo who was represented by the Minister of State for Petroleum Resources, Dr Ibe Kachikwu said their administration is committed to tackling the prevailing concerns of the Niger Delta region.

He said that the targets will ensure robust sustainable development of the Nigerian oil and gas producing area, thereby fastening peace and prosperity.

“One of these targets set is a framework for stabilizing the entire Niger Delta region. Huge efforts are being exerted by this administration to ensure that violence and restiveness in these areas remain a thing of the past”.

“You are also aware of our efforts to aid development and employment in the oil producing areas through the modular refineries initiative. Government has engaged with numerous entrepreneurs, international and local investors aiming to partake in such an exciting initiative”.

“The concept of modular refineries, he said stems from the need to stop illegal refining known to contribute substantially towards the damage of the environment of the oil and gas producing areas”.

Osinbajo said that the boomerang resulting from such destruction extends into all aspects of the communities living in this region, stressing that a polluted environment disallows for favorable investments.

“It is our hope the NESH team and partners will align with these initiatives through individual and collective contribution of knowledge technical expertise and direct investment”.

He said the Federal Government is ready to provide the enabling business environment, the right incentive and other targeted support, required to realise these aspirations.

The professor said the executive order he signed in May this year was done to support entrepreneurs and entrepreneurship, adding that remarkable compliance with these orders is being recorded by all government agencies.

The event was declared open by the Delta State Governor, Senator Ifeanyi Okowa represented by the Commissioner For oil and gas, Mofe Pirah.

NESH founded by Emeka Ugwu – Oju now has a long list of recipients of the Nigeria Entrepreneurship Summit & Honours Honours including National Security Adviser, major General Babagana Monguno (rtd), Delta State Governor, Senator Ifeanyi Okowa and the Honourable Minister of State, Petroleum Resources, Dr Ibe Kachikwu.

According to Mr Ugwu-Oju, the initiative is about bringing people together, creating a roadmap and taking action.

Others in the list of recipients are Senator Heineken Lokpobiri, Minister of Niger Delta Affairs, Pastor Usani Uguru Usani Brigadier General Paul Boroh, HRM King Alfred Diete Spiff, Chief TK Ogoriba, Dr Andrew Iyamu amongst others.

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