Osinbajo Distances Self From 2019 Presidential Campaign

Vice President Yemi Osinbajo on Saturday disassociated himself from a group known as “Osinbajo Volunteers” which has started campaigning for his election as President in 2019.

The group, which is recruiting volunteers for the project, wants Osinbajo to stand as presidential candidate in the 2019 election.

While its website featured the activities of Osinbajo, the group exonerated the vice president, saying: “Note that Osinbajo did not endorse this volunteer group. We have never met him. We are strong believers in the fact that he is the right ruler for Nigeria and must create a people’s volunteer base for him.”

Distancing Osinbajo from activities of the group the Senior Special Assistant on Media and Publicity to the Vice President, Laolu Akande, said on his Twitter handle “please disregard this website created by faceless people for mischievous purposes. It has absolutely nothing to do with the vice president.”

Osinbajo Pays Tribute to Maitama, Says His Oratory Is Exceptional

The Vice President of Nigeria, Prof Yemi Osinbajo has described Late Maitama Sule has an exceptional orator. 
Osinbajo pointed out this at the book launch, titled ‘The Genius Orator’ of Late Maitam Sule at International Conference Center, Abuja on Thursday.
In his tribute, he described Alhaji Maitama Sule as an exceptionally gifted orator.
He said, “his greatness was not in the gift of oratory. It was in the exceptional character that undergirded that gift.
He futher adored him, “He understood the power of rhetoric and persuasion, drama and theatre and he translated the sometimes exasperating twists, and turns of the Nigerian socio-political drama into words of rebuke and exhortation but ultimately of hope.
“In one of his often quoted statements he said: “symptoms of revolt loom large in the horizon, in short, there is meaninglessness in philosophy, insecurity in polity, chaos in politics, immorality in society, corruption in the economy, frustration in art, and lack of creativity in literature”.
“Alhaji Maitama Sule was a truly great man and we can see that in the testimonials that followed his passing, in the calibre of the friendships and relationships that he built across Nigeria, in the quality of his thinking and writing, and especially in his simplicity and humility.
Osinbajo giving an account of his meeting with him, he said Maitama recounted the story of how he conceded the presidential nomination of the NPN political party then to Alhaji Shehu Shagari.
“Any man who can walk away from the presidential nomination of a major political party truly must be exceptional, there is something different about him and truly there was something exceedingly different about Maitama Sule.
“The authors of this book deserve our commendation, for documenting his life and views in great detail. The importance of the task of recording and documenting history can never be overemphasized.
While Osinbanjo was describing ‘words’, he explained that, words are of course important, they create and destroy, they edify or humiliate, and words well-spoken can uplift, encourage, and inspire.
He explained that “Words are also the defining tool of nihilists, traitors, hate merchants, demagogues, and rascals of every kind. In the past few months, we have heard words intended to stoke conflict, to denigrate the ethnicities or faith of others, to divide a great people into several small and weaker parts.
Osinbajo reviewing the book said, “In their Prologue, the authors make a somewhat depressing observation, which I shall quote and the author himself mentioned this: “as we traversed the country and encountered the surviving political gladiators of the First Republic, we came upon the reality of a generation that had virtually passed on. We met old persons in various stages of mental and physical fitness.”
“This observation should alarm us. We must ask ourselves, who will document these important stories before the principal actors and characters pass on? I am reminded of the African proverb that tells us that when an old person dies, it is the equivalent of a library being consumed by fire. Where are the biographers and the film-makers who will record these things for posterity? Who will teach our children about the exploits of our Maitama Sules, and about the ideals of unity and integrity and service which they modelled for us? Thankfully, this book, ‘The Genius Orator’, will help ensure that one of our most important libraries is preserved for all time.

Presidents Buhari And Osinbajo: Body Language As State Policy, By Emoruwa Adewunmi

Aminu Waziri Tambuwal, a former speaker of Nigeria’s House of Representatives and current governor of Sokoto State, mainstreamed the term “body language” into our national discourse. Presenting a paper during the international anti-corruption day 2014 roundtable organised by the Nigeria Bar Association, Tambuwal said, “The President’s (Dr. Goodluck Jonathan) body language seems to be encouraging corrupt practices in the country.”

Ever since this highly deliberated remark, public affairs analysts, commentators and the media seem to have allotted a lot of resources to scrutinising the body language of public officers. Their operatives, including personal aides, chief executives of ministries, department and agencies and party apparatchiks are taking cue. So it appears.

President Muhammadu Buhari rode into office on a Pegasus — the man Buhari had the mystery of a mythical character and was packaged as a messiah. His entrance into office was nothing but triumphal. One incident comes to mind – when the Nigerian Stock Exchange recorded the highest gain in the world following the victory of our dear president.

The serendipity of events attributed to this body language overtook the president’s early days in office; power generation was reported to have peaked at 4,600MW and Nigeria’s crocked petroleum refineries found springs in their steps. Allegedly corrupt persons were being hounded and tried immediately.

At that time there was neither a cabinet nor a plan, which became the albatross that shaped the coming events and created a reversal of fortunes.

Nigerians are grieving again; businesses are groaning over abysmal levels of electricity supply with generation dipping to zero megawatt more than once, and, of course, our refineries have collapsed again. What some found shocking was that the messiah’s body language was also tolerant of corruption, as his cabinet secretary, Babachir Lawal and chief of staff, Abba Kyari, have been exposed for allegedly committing graft without any repercussion.

Dr. Oby Ezekwesili, a Nigerian reformer, conveyed her resentment of the so-called body language of Buhari to the extent of attributing the recession experienced by the country to it. How true.

In an unexpected plot twist, Mr. Buhari sought an extended medical vacation and delegated powers to the vice president, Professor Yemi Osinbajo, who acted in his stead.

Nigerians seemed to experience a light relief and everyone wanted President Buhari to stay put in London as the naira gained over 12 percent in value against the dollar, trading at N420/$1 from it prior value of N515/$1 prior then. There was a sense of inclusion for the five percent (a famous term coined for the minority by Buhari, to describe those who voted in favour of his opponent during the 2015 general elections.) Ag. President Osinbajo toured the oil producing states in the Niger Delta and intimated the stakeholders of the government’s plans to engage with them.

Positive sentiments prevailed among the citizens but there was no fundamental change in terms of policy or personnel. It was another case of body language and emotions that include the sensory appeal we call optics, and devoid of substance. Osinbajo did not only travel to the polluted towns of the Niger Delta, but also visited the poorly maintained toilets at the Murtala Mohammed International Airport in Lagos, yet it takes more than this to effect change and improve our business environment — the most visible of Professor Osinbajo’s efforts and initiatives. It was reported in the news, following the visit, that the directors at the Nigerian Civil Aviation Authority (NCAA) got fired. Building institutions over the long run has proved to me more effect than this “policy of consequences”, which finds root in the act of sending a body language signal, which in this case appeared to be intolerant of mediocrity.

The importance of body language cannot be discounted but it must be matched with solid and sustainable measures if our country is serious about making change happen.

Upholding strong and independent institutions, especially the judiciary, is one the most important ways of communicating change. A country that does not obey court orders cannot expect to attract serious long-term investors. During my return to the Harvard Kennedy School of Government in 2016, I attended an Infrastructure Financing class and the faculty chair, Akash Deep who taught the course explained how the US energy rates are extremely loosely regulated, noting that the government does not enter fixed contracts with distributors. According to him, the main reason investors continue to invest majorly nonetheless is due to their confidence and trust in the country’s strong justice system.

This should serve as a lesson to Nigeria. Both President Buhari and VP Osinbajo forsook court orders granting release to detained persons such as the leader of the Biafra separatist movement, Nnamdi Kanu and former national security adviser, Sambo Dasuki and others. The courts must be obeyed!

A number of persons are aware that the governor of the Central Bank of Nigeria is taking cues from the president’s body language and regular utterances on trade and currency, and implementing this to the letter. This raises concerns over the independence of this institution — another cause of concern for institutional investors.

Just a few weeks ago, it was reported that Nigeria could not obtain the second tranche of a budget support loan from the African Development Bank. A fresh borrowing request from the International Monetary Fund was stalled similarly, due to a lack of an economic management plan.

As Nigeria continues to grope in the dark, the need for sustainable national plans and policies is something we cannot take lightly.

Adewunmi Emoruwa is a strategic communications and public affairs professional.

Osinbajo Visits Benue To Sympathise With Makurdi Flood Victims [PHOTOS]

Vice President, Prof Yemi Osinbajo on Wednesday visited Benue state to sympathise with the recent flood victims who are taking refuge at the Makurdi International Market.

Osinbajo, who arrived Makurdi, the state capital was received by the State Governor, Samuel Ortom and other dignitaries at the Airport.

 

See photos below……

Economy: For The Love Of Nigeria

The Nigerian economy certainly will break free and soar. Apart from the short-lived oil boom in the 1970s when per capita income peaked in 1977, the economy has been chained down by macroeconomic instability arising from the excess fiscal deficits inherent in the mishandling of public sector oil export proceeds. Refusal to recognize the deficits officially till date does not matter: their poisoned fruits including the poor health of the national currency, the economic lifeblood, are not hidden.

After the discontinuation of the Bretton Woods system of fixed exchange rates in 1971, different countries experimented with various exchange rate fixing methods, but by 1979 the managed float system (MFS) had gained widespread acceptance among the world’s leading economies. However, the Nigerian authorities spurned the MFS and have continued till date to experiment with a multiplicity of methods with some of them being tried and dropped only to be re-adopted and in turn dropped again because of their unfavorable economic impact. The latest is the Importers and Exporters segment exchange rate adopted in April 2017. The common feature of all the ephemeral exchange rate mechanisms is the CBN’s tight hold on Federation Account (FA) oil export proceeds, which have accounted for over 50 per cent of the annual budgets on paper since 1975.

Analytically, to implement over a long time budgets in which realised non-oil revenue amounted to under 50 per cent while the balance was made up of the mere foil (so to speak) of the withheld FA oil proceeds would swathe the economy with the characteristic features of excessive fiscal deficits as attested to by persistent macro economic instability experienced down the years. Given the unwillingness to stop withholding FA dollar allocations, the root cause of the instability, the economy became enfeebled and gaspingly reached for the International Monetary Fund/World Bank (the undertakers of poorly managed economies) 15 years into experimentation with all manner of exchange rate fixing mechanisms which focused economies had long jettisoned. The Bretton Woods institutions grabbed the opportunity to position themselves as the unseen hands behind the monetary and fiscal measures that were geared to exploitatively dissipate the FA dollar accruals being withheld by the apex bank. That was not surprising because the IMF/WB are two-faced and double-dealing institutions: they take economically correct (and at worst ambiguous) positions in the open but suborn behind the scenes implementation of ruinous measures.

For example, during the second coming of Obasanjo, the fiscal/monetary authorities made a singsong of IMF/WB support. But when the WB was confronted that to withhold FA dollar allocations and to simultaneously substitute in their place funds furnished by the CBN not only amounted to harmful proportionate apex bank deficit financing of the budgets of the tiers of government but also contradicted economic best practice, the WB replied that the procedure was improper. (The Opinion page of The Guardian of 23-24/6/2014 contains a reproduction of the exchange). The response echoed the statement by the WB President in Abuja in 2006 that the IMF/WB do not impose fiscal/monetary reforms on countries as they possess the sovereign right to decide such matters. However, the double-dealing IMF/WB had no qualms trampling on Nigeria’s sovereignty in order to exploit the improper practice when they imposed as conditionalities for the country’s external debt exit in 2006 the re-adoption of the ruinous wholesale Dutch auction and release of part of withheld FA dollar accruals to bureaux de change, a measure meant to undermine the economy. The IMF/WB were also instrumental to CBN’s accumulation via the Debt Management Office of a fake national domestic debt (NDD) made up of mopped and sterilized excess liquidity funds. The NDD, which amounted to #12 trillion last March, is largely responsible for raising the debt service to revenue ratio to the unsustainable level of over 40 per cent.

Now, what did the IMF/WB prescribe for the gasping Nigerian economy after 15 years of disastrous experimentation with all sorts of exchange rate mechanisms discarded elsewhere? It was Structural Adjustment Programme. According to Chapter 1 of Adeyemi: Moving Nigeria Forward the Development Planning Approach (Second Edition), SAP’s fiscal/monetary objectives inter alia were to drive non-inflationary growth based on the naira’s true scarcity value under a regime of curtailed fiscal deficits and a restrictive monetary policy. The promise of SAP was ignored by the government, which continued to drown the economy in excessive fiscal deficits that were officially unrecognized. Surely, the National Planning Commission will not controvert that the SAP prognosis was economically correct and became imperative the very moment forex accrued directly to government coffers and also that the naira remains scarce in government’s multiple currency revenue baskets even today. The true scarcity value of the naira required to drive economic efficiency and productivity will only emerge through a single forex market operated under the MFS. Such a forex market necessitates the abandonment of withholding of FA dollar allocations and their simultaneous replacement with apex bank deficit financing.

Pertinently, in August 2007, then CBN governor confessed that both the naira and public sector forex had not been (and are still not being) managed as obtained in successful economies. Although he set a date for the takeoff of an embryonic MFS to enable FA beneficiaries to convert dollar allocations in the secure form to non-inflationary naira revenue, he was browbeaten by the Presidency and developed cold feet. Ten years on and with the withholding of FA dollar allocations still firmly in place, consistently disappointing economic results have led to frequent changes of fresh exchange rate fixing mechanisms. In the past decade despite “CBN’s external reserves” peaking at over $62 billion just as crude oil prices surged to over $100/barrel over a considerable period, the naira has slid from 126/$1 to between 356/$1 and $500/$1; inflation rose to over 16 percent; real sector operators have been priced out of bank credit notwithstanding over 70 trillion of idle banking sector lending potential; unemployment has kept rising with the absolute level now put at over 75 per cent; the FGN domestic debt stock rose from #2 trillion in 2007 to #12 trillion as earlier noted; debt service to revenue ratio at over 40 percent has become unsustainable; all kinds of infrastructure dilapidated; and the GDP has declined for five consecutive quarters by last March. Amazingly, selling off public sector forex for largely unproductive use has become the CBN’s full preoccupation.

Amidst all this, it is not clear if the FA dollar-withholding Buhari administration and the two-faced IMF/WB secretly struck the new game plan playing out in the Federal Ministry of Finance and the Ministry of Budget and National Planning (MBNP). To wit, unable to impose economic reforms on the Buhari administration, the IMF through its 2017 Article IV Consultation on March 30 and again on August 2 expressed fears that under unchanged fiscal/monetary policies, the naira remained overvalued and that the 2017 fiscal year would barely post 0.8 percent growth rate that would not make a dent on the waxing unemployment rate. The IMF therefore strongly recommended unification of the naira exchange rate through a single forex market. But totally unmoved as if dancing to the beat of the secret game plan, the FMF minister dug deeper and further adorned the existing policies by securing approval of the Federal Executive Council in June to refinance naira-denominated Treasury Bills into dollars at 7 per cent interest in preference to domestic offerings that attract between 13 per cent and 18.5 per cent. The minister announced that the administration had decided to borrow more offshore and less at home. The $3 billion to be realized from refinancing the TBs and future external borrowings will be added to “CBN’s external reserves” for dissipation in the segmented forex market windows. Presumably, should the administration (present or future) fail to earn enough forex to service and redeem the TBs and other external borrowings, the association of dollar lenders (as with the previous external debt trap) would hire the IMF/WB to garnishee government, impound its assets wherever they may be found on the globe and formally re-colonise Nigeria. Does FEC approve? The FMF proposal is not beneficial to the generality of Nigerians. The NASS should, therefore, dismiss this negative solution to the country’s economic problems.

Similarly, on August 9, the FEC approved 2018-2020 Medium Term Expenditure Framework and Fiscal Strategy Paper. With the exception of reducing the projected economic growth rate in 2018 to 3.5 per cent, the MBNP left the Economic Recovery and Growth Plan (ERGP) untouched. Given the gap between the planned ERGP indices and segmented market naira exchange rates as well the levels of inflation and lending rates eight months into the 2017 fiscal year, the MBNP minister does not require a seer to tell him that the ERGP under existing policies cannot but fail. Does FEC disagree?

The FEC should note that the withholding of FA dollar accruals and experimentation with numerous exchange rate fixing methods with the exception of the MFS in the last 46 years have produced laggardly and disastrous economic results. The FEC should, therefore, demonstrate its love for Nigeria by adopting completely painless fiscal and monetary reforms without further delay. The required step is to direct the CBN to take immediate action and put in place a single forex market using the managed float system in order to quickly establish the true scarcity naira exchange rate as the IMF/WB intended in 1986. But the Bretton Woods institutions did not propose anything extraordinary because, but for interference by the federal executive arm, given the country’s multiple currency revenue profile, faithful implementation of the provisions of the CBN Act 2007 (or even any previous version of the Act down to the 1958 Ordinance) would deliver the true scarcity naira exchange rate.

The expected benefits of the recommended reforms include inflation rapidly sinking to 0-3 per cent, lending rates crashing to 5-7 per cent as in competitive economies, the exchange rate staying stable, phenomenal increase in bank credit to the economy, reinvigorated productive economic activity and achieving double digit GDP growth rate. That is the basis for the economy to soar to a very great height

 

 

Source: The Guardian

Osun: Osinbajo, Aregbesola, Others To Attend Special Prayer For Buhari

Vice President, Prof.  Yemi Osinbajo, Mrs Aisha Buhari and many other eminent Nigerians are expected to attend a special prayer organised for President Muhammodu Buhari in Iwo, Osun State, tomorrow, August 24.

OSUNDEFENDER gathered that members of the Federal Executive Council (FEC), state governors, traditional rulers and religious leaders are also expected to attend the prayer organised by the Oluwo of Iwo, Oba Abdul-Rasheed Akanbi.
Osun State Governor, Rauf Aregbesola is expected to lead top government functionaries to the event.
Oba Akanbi in a statement issued by his Chief Press Secretary, Alli Ibrahim indicated that the prayer scheduled for his palace was intended “to seek the face of Allah for sound health for the president and a direction for the nation’s sustainable socio-political and economic development.”
He said the Speaker, Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, would be the chairman on the occasion, while the Aare Musulumi of Yorubaland, Alhaji Dawud Akinola, would lead other religious leaders for the prayer.

FG Deploys 9 Permanent Secreraties To MDA

The federal government yesterday approved the deployment of nine of the existing federal permanent secretaries to Ministries, Departments and Agencies (MDA).

The exercise followed the posting of 15 permanent secretaries earlier in the week by Acting President Yemi Osinbajo.

The deployment was conveyed in a circular issued by the Head of Service of the Federation, (HoS) Mrs. Winnifred Oyo-Ita.

A statement signed by Mohammed Manga, the Assistant Director, Media Relations Office of Head of Service, said that the processes for handing and taking over should be completed on or before August 25, except for deployments with specific taking over of assumption of duty dates.

Following the postings, Bamgbose A. Olukunle, is redeployed from Political Affairs Office, OSGF to Ministry of Foreign Affairs. William Nwankwo Alo, formerly Political Affairs Office (OSGF), will take charge of Special Duties Office-OSGF from August 31, Nuratu Batagarawa, Service Policy and Strategies (OHoS), assigned Ministry of Defence. She is to resume on October 8.

Christian Ohaa is the new Permanent Secretary FCT. He was formerly in charge of Common Services Office (OHoS).

Also Aminu Bissala is leaving the Ministry of Trade and Industry to resume as the Permanent Secretary, General Service Office, OSGF from October 1.

Sunday Togo Echono moved from Communications to Education.

Others are Folasade Yemi-Esan, from Career Management Office (OHoS) to her new posting at Petroleum Resources, A.G Magaji, Interior to Niger Delta; and Dr A.A. B Shamaki, Special Duties, OSGF, to Science and Technology from October 1.

LETTER TO THE EDITOR: Need To Be Cautious On Reaction To Issues

The acting president, Professor Yemi Osinbajo travelled to Ethiopia recently on a mission and while in that country, some people in the society at that time were calling on the Senate President Bukola Saraki to act as president.

This kind of agitation, so to say, did not in any way represent what should be the case in nascent democratic process.

The question arising from this baseless agitation is, why are such people calling on the senate president to act since they knew that Professor Osinbajo will return to the country within few days?

One may dare to say that this kind of call was callous and unrealistic, and those nursing that kind of ambition should have a rethink and bury their heads in shame.

Nigeria stands on united we stand, and divided we fall, hence, it is imperative to caution ourselves on how we react to such delicate issues that can cause disharmony.

Though, late but it is important to reiterate this fact, as such scenario might repeat itself in the course of national service soon.

The truth is that the activities of the Acting President is guided by the law of our country and what is required is prayers for the quick recovery of President Muhammadu Buhari and success of Osinbajo within the period in acting capacity.

ASUU Strike Enters Day 5, As Meeting With FG Ends In Deadlocked

The Industrial action embarked upon by the Academic Staff Union of Universities (ASUU) will still continue as government awaits the striking lecturers to meet with its National Executive Council (NEC) and decide when they will call off the strike.

The federal government had in the last two days pressured the union to call off its strike which started last Monday.

Addressing journalists at the end of a meeting held yesterday at the Ministry of Labour and Employment, ASUU president, Prof Biodun Ogunyemi, said the union after, listening to the offer by the federal government, will get in touch with its NEC and get back in one week.

Speaking earlier, Minister of Labour and Employment, Chris Ngige, said government has made an offer to the striking lecturers in the quest to get them back to the classrooms.

He said, “The meeting was not very long and we touched the various issues. Within the last 48 hours, government has been working. The Minister of Education, Minister of Finance, Attorney General of the Federation and we have taken some government position which we have communicated to ASUU for them to take back to their members to see if that can be adequate enough for them to call off the strike.

“The major issue is that we want the strike called off so that our children in school can write their degree and promotion exams. ASUU graciously said they will come back to us on a date within the next one week. It will not be later than one week so that we then take it from there”.

In his reaction, the ASUU president said the union’s NEC will decide on whether to call off the strike after its meeting.

He said, “Like the minister said, government has made some offers in the issues we have raised and we have taken copious note of their offers and we have to get back to our members and make all the information available to them for them to consider and advice us. Based on their position, we will come back to government hopefully within the next one week.

“I am sorry that I can’t go into discussing specifics. The offers are for our members and when we meet with them, we will come back and unveil all the issues as agreed on.

On whether the strike will be called off before then, he said, “The leadership of the union did not call the strike, our members called the strike and they will decide when to suspend the strike. So, when our members decide otherwise, it will be off”.

Earlier before negotiation commenced, the federal government’s team and ASUU leadership expressed disagreement over the strike action.

Ngige said, “In all, government is desirous to attend to the issues raised and is not trying to show any bad faith. The issues are well known to all of us because they are a product of the 2009 agreement whose fallout was the memorandum of understanding signed in 2013 with which government was supposed to release some funds.

“Last November, we all agreed that the funds released should be audited forensically and that while that is going on, some amount of money should be released. One or two things happened and due to lapses to Labour administration there were some trajectories that made it impossible for some of the conditions not being fulfilled.

“The Babalakin committee is working on those issues and I know that ASUU, as knowledgeable men, are aware that ILO conventions permits that there should be renegotiation and that was why we allowed the Ministry of education go ahead with the renegotiation of the CBA”.

But the ASUU president denied the allegation that ASUU kept the relevant ministries, departments and agencies in the dark before proceeding on the strike action.

He said, “You will recall that when we came here two days ago, we drew your attention to a letter dated July 10 and it was why we were here that you confirmed that you were seeing that letter for the first time. Between July 10 and now, I don’t think it is one day. In the last ten months or so, we have written five letters and have tried to reach out to the relevant stakeholder since we suspended our action in November last year.

“One other issue I want to clear is about the Babalakin committee. What we had at the end of our discussion last November were areas that are actionable and we left that place with the impression that there will be follow-up. We appreciate what has been done since we started this action and we are here again to see what we can get. In summary, we want to take information from here to our members who are our principals”.

FG Promises Prompt Completion OF Osun Dam

The Federal Government has said abandoned Kajola/Owena dam in Osun State is on priority list and promised to complete the project.
This was made known during a courtesy visit of the Minister of Water Resources, Sulaiman Adamu to the Ooni of Ife, Oba Adeyeye Ogunwusi on Wednesday.
Sulaiman said “ When I came on board, we inherited 165 abandoned projects spread throughout the federation.
“On assumption of office, I set up a technical committee to prioritise them and the dam is one of the top priority projects.
He further explained that, This is the reason why I am here; to inspect the project so I will know how to defend it before the Federal Executive Council.

Ag President Osinbajo Congratulates Kenyan President On Re-Election

Acting President Yemi Osinbajo congratulates President Uhuru Kenyatta on his re-election as President of the Republic of Kenya.

According to a statement issued by his spokesman, Laolu Akande, in Abuja on Sunday, revealed that Osinbajo wrote to the victorious Kenyatta after the formal announcement of the election results over the weekend.

He stated:  “I have the honour on behalf of the Government and people of the Federal Republic of Nigeria to congratulate you on your successful re-election as the President of the Republic of Kenya.”

Osinbajo noted that President Kenyatta’s re-election bore testimony to his selfless service to Kenya and to the giant strides he has taken in the transformation of the country in the last few years.

“Permit me therefore to use this momentous occasion to reiterate Nigeria’s support and cooperation with Kenya in our collective determination to advance the development of Africa and its people,” the Acting President noted.

He extended his best wishes to the people of Kenya on the successful conclusion of the August 8 general elections in the country and wishes President Kenyatta a very successful new term in office.