VP Osinbajo’s Address at the 2018 May Day Celebration at Eagle Square, Abuja

Let me begin by wishing all of us gathered here, mainly our two federations of Trade Unions – the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), a happy celebration of May Day in solidarity with organized labour the world over. I salute and pay tribute to all Nigerian workers and working families. It is on your hard work, innovation, resilience and patriotism that our nation is building the structures for true greatness.

I must also seize this opportunity to acknowledge the historical contributions of Nigerian working people and organized labour to the political, economic, social and cultural development of our nation. The Nigerian organized labour has always been at the forefront of the push for a better Nigeria, from the struggles for independence; right through to the clamour for the restoration of the democratic order, and, in the last 19 years, for the sustenance of the freedoms guaranteed by our democracy. I must also say that Nigerian organized labour has contributed actively towards helping Nigeria get out, in record time, of an economic recession arising from past economic mismanagement.

This administration has remained committed to improving the welfare of the Nigerian people. When we came into office at least 22 States were owing salaries, some for a whole year. If you recall in November 2015, the President said and I quote, “all my life I have always earned a salary, so I understand what it means when your salary is not paid or when it is not enough.”

Just last year, Mr. President speaking to governors visiting him, again went back to the issue of salaries, I don’t know how any of you can go to sleep at night knowing that your workers have not been paid. The President’s concern for workers is not theoretical or rhetorical, but one borne out of experience, and respect for the sweat of the working classes, This is why we evolved mechanisms to bail out all the 36 states of the Federation, to the tune of N1.91Trillion so far including Paris Club repayments, in recognition of the shortfalls in their finances arising in particular from the oil shocks of 2015/2016.

We have extended this support regardless of party affiliation, to enable the States settle the backlog of arrears and salaries and pensions of workers. At the inauguration of the National Economic Council in 2015, President Buhari publicly declared that our administration will support every State, because poverty is no respecter of ethnic group, religion or party affiliation.

While we do recognize that payment of salaries and pensions is essential, we are also conscious of the fact that the increasing cost of living and the recognition to ensure a fair and decent living wage, has rendered the Minimum Wage Instrument which is currently in force obsolete. Accordingly, President Buhari on November 27, 2017, inaugurated a Tripartite National Minimum Wage Committee to renegotiate the National Minimum Wage for our workers.

As you are all aware, the subject of a National Minimum Wage for the Federation is within the Exclusive Legislative List of the 1999 Constitution of the Federal Republic of Nigeria (as amended). This means it is primarily the responsibility of the Federal Government. Although, there are arguments regarding fixing minimum wage in a Federation such as ours, it is the responsibility of government to establish the necessary social protection for all Nigerian workers based on the ability of each tier of Government to pay.

The argument for a national minimum wage, therefore, cannot be faulted, because minimum wage is the minimum amount of compensation an employee must receive for putting in his or her labour and as such, should be anchored on the principles of social justice, equity, and fairness. We believe that those who can pay above the social protection floor are free to do so, as many have been doing in many States and sectors of the economy.

This administration has no intention of presiding over the dismantling of the gains of organized labour through the years, especially almost four decades ago. Our hope therefore, is that the Tripartite Committee comprising government, labour, and the private sector, will expedite its assignment to enable the Federal Government to present an Executive Bill on a new National Minimum Wage to the National Assembly for passage into law, as soon as possible. In the meantime, the Federal Government and the State governments will continue to work together, to improve the conditions of workers across the country.

Great Nigerian workers, it will be belabouring the point, to say that a virile organized labour is a vital institution for our nation at every point in its development. In our political and democratic evolution, a virile labour is a sine qua non. In the interest of the men and women of our society, who need a voice to speak loudly against economic or social injustice, Labour must remain united.

Let me seize this opportunity once again, to reiterate this administration’s commitment to the unity of the Nigerian organized labour, to serve as a bulwark against divisive forces, internally and externally. Accordingly, I advise that the Nigerian labour movement must employ its leadership skills of conflict resolution and utilize all the internal mechanism to resolve conflicts, because factionalization is not an option and not the answer.

I must at this point, appreciate the Nigerian labour movement, for being a strong pillar of support for our anti-corruption agenda. The government recognizes the fact that, indeed, the first line real victims of corruption are the Nigerian workers and working families, along with the rural poor. They are the ones who suffer the most from the corruption of the political classes.

It is regrettable that despite the enormous revenues Nigeria earned from oil in recent past, we still have problems with payment of salaries and pensions of workers, largely due to mismanagement and corruption. I assure you that under our administration, we will ensure that we expend every kobo of public funds, towards securing the welfare of all Nigerians.

We have continued to demonstrate our commitment, to the welfare of Nigerians by ensuring, that we protect the socially excluded and socially vulnerable. For the first time in the history of our country, we are implementing a full social protection programme, through a youth employment scheme, N-Power, Micro-credit to small businesses, Conditional Cash Transfers to the poorest, and a Home Grown School Feeding programme. So far we have employed 200,000 graduates in our N-Power programme, and we are bracing up to do 300,000 more.

Today, we are feeding over 7million children in 22 States, and we have employed 70,000 cooks. So far, we have given over 362,000 Microcredit loans, and our target is to give 1million of such loans especially to market women and artisans. We have also given cash transfers over 300,000 of the poorest Nigerians our Conditional Cash Transfers. Our target is to give this benefit to 1 million of the poorest.

The issue of course is that every country, of the size of Nigeria, especially a developing country, must have a social protection policy; we must have a safety net. The resources of the country must be used to protect those who either cannot work, or are vulnerable and poor in ways those who experience it can imagine. We take it as our duty, as a progressive government, to ensure that we protect the poor and vulnerable, and this is the main objective of the programmes that we have put in place.

These programmes have been targeted at the most vulnerable segments of our society, and are meant to ensure that we build a socially cohesive society, in which the resources of the country work for all. We will continue to apply public funds in such a way, that no section of the country or segment of the population, suffers social exclusion.

It is also the reason why we have prioritized agriculture in our economic planning. Our investment in the sector is paying off; importation of rice has dropped to just 2%. Millions of farmers, producing rice, sorghum, millet, tomatoes and other grains, are earning decent returns on their investments. We will soon be self-sufficient in both rice and tomato paste. We will soon be sufficient in our food as the President has said, “we must grow what we eat.” It is up to us, to ensure that we are self-sufficient in our food production and it is the duty of our government and we have considered it our historical task to ensure that we are able to provide food that is home grown and available to all Nigerians for cheap.

We have no choice but to improve our business environment, our business environment must enable medium and small scale businesses to work. To this end, we are committed to ensuring the reduction of interest rates so that businesses can have access to cheap credit. It is important to encourage young people in technology, innovation and the entertainment industry. We intend shortly, through the instrumentality of an advisory body, to mainstream the incentives available to the rest of industry to these new businesses.

Let me say also, as you are all quite aware, that insecurity has remained a big challenge for us all. But we are determined to face this challenge and secure the country more than ever before. To this end, Mr President and the Security Council have been engaging in rigorous stock taking, with a view to reengineering our security architecture to meet the challenges of the mindless killings in some parts of the country, including the threats of marauding herdsmen, cattle rustlers and bandits.

It is our duty to secure the rights of farmers, and all citizens, and to ensure that herders also can rear their cattle, especially as we have proposed in well-resourced ranches. But there are also criminals who want to stoke religious and ethnic crisis. Criminals who want to divide the country, using all manners of excuses including the recent attacks.

What is the explanation for anyone to go into a church to kill priests and worshippers? We recognize that while the protection of lives and property is a primary responsibility of government, it is also incumbent on us as citizens to share in this responsibility, as security is a collective responsibility. This country belongs to us all.
Our country is great because of the talents of our people, from every tribe, tongue, and religion. Our diversities are our strength. We must reject every attempt to divide us; our focus must be on developing our economy, providing opportunities in industry, manufacturing, technology for our young people. To borrow from Dike Chukwumerije, a young Nigerian poet – “we must build bridges not walls.”

We must continue to have faith in our great country. I thank you for your continued patience all workers of this nation, and your sacrifices towards moving the nation forward. Nigerian workers are by any estimation, the most patriotic segments of the population. You are amongst the most committed taxpayers, because your taxes are deducted at the source. Hence, nobody can deny you the right to interrogate government and how public funds are expended at all times. You remain amongst the few organizations that have risen above primordial sentiments and have gone across tribe and ethnicity and religion to come together to unite for a common purpose.

We believe that the worst is over for Nigeria. Accordingly, we will do everything within our powers to sustain the current economic recovery efforts. We will continue to reinforce our macroeconomic policies, to achieve sustainable economic stability and growth. We will also continue to ensure that growth comes along with more jobs and a fair and just distribution of the national wealth.

This administration has come this far, always counting on the continued support and goodwill of the Nigerian organized labour. I am confident that together we would achieve our objective, of building a united and prosperous nation.

Thank you all for your attention and may Almighty God bless us all and our great country, Nigeria.

​Released by:

Laolu Akande
Senior Special Assistant to the President, On Media and Publicity,
Office of the Vice President
1st May, 2018​

Remarks by VP Osinbajo at the 7th Presidential Quarterly Business Forum in Abuja

Opening Remarks

Before I go into my few remarks, I just want to add to some of the questions that have been asked. A question was asked on the railways and what has been happening especially with respect to being able to evacuate goods from the ports. Two things happening; first, I’m sure some are already familiar with the concession given to General Electric, to refurbish the Narrow Gauge Lines, which starts from the Ports itself. That concession is already in place, and we expect that things should begin to happen very quickly. Also in the private sector, one of the members of that consortium – APM Terminal, is going to do something on a railway station on the way to Ibadan and trying to develop an inland port there. They say they can do this in 10 weeks and we hope that means a further reduction in the pressure on the Apapa port.

Asides from that, the Standard Gauge Line which is funded by the China EximBank has already started and taking off from the Apapa port. We expect that by the end of this year, we should see significant progress between the Lagos-Ibadan end of that Standard Gauge Line. As a matter of fact, our target is to have that bit of it concluded by the end of this year and we hope we can achieve that. So that would move goods from the Apapa port out of Lagos to at least as far as Ibadan, before going to Kano which is the terminal point of the Standard Gauge Line.

The other question I would like to add to is concerning the Eastern ports, because someone asked about the Onitsha port. The concession agreements on that have been finalised, all the technical evaluations have been done, it is going to the Attorney-General’s office and we expect that it should be sorted out very shortly.

In that same Eastern port axis, there is a Warri port, the technical evaluation is still going on, it hasn’t been concluded yet but we expect that it should move on very quickly.

The other point is the frustration that many of us feel when we come into Nigeria through our airports and of course, some of the frustrations around the seaports in bringing in goods.

The point that was made especially about two people sitting together, questioning you and passing your passport from one person to the other, is what we are all generally irritated about. What we require is i-check, which is quite an elaborate device which enables us to get advance passenger information ahead of passengers arriving at the ports. This enables us to do two things; one, it enables us to give visas on arrival because you already have the information of the passenger. Secondly, it removes the necessity of more than one person checking the passport because you already have advance information, the other security person works from the backend. We expect that when that is installed, we would be able to achieve that and remove the nuisance of two/three people checking passports.

Last week, we held a meeting with all the agencies that are usually at the ports, and you find that there are several of them. The idea is to reduce this number and ensure only those who must absolutely be there are there. There are some who don’t need to be there but rather be summoned when their services are required.

The permanent solution we are proposing for bringing in and taking out goods from our ports is through our single window, the National Trading Platform. We have gone very far with that, and we expect that should be on stream very shortly. We are at the point where this is going to FEC for a final approval.

With the single window, a lot of the stress will be greatly reduced, and with the appropriate scanners run by concessions with PPP arrangements, we should be able to achieve greater ease of coming into our ports and exporting goods from our ports.

Main Speech

Let me join my cabinet colleagues in thanking you for making the time yet again to attend the Quarterly Business Forum (QBF). This is the 7th Forum, and there are many here who have attended all seven, to them we are of course, especially indebted for their consistent faith and support for this process; even those who haven’t attended seven, have attended several and there are some who are attending for the first time.

It is important that we continue to emphasize that for us both philosophically and as a practical matter, our partnership with the private sector is fundamental. Aside from the QBF, we have established other platforms to harness the partnership, these include the Industrial Policy & Competitiveness Advisory Council and the Presidential Enabling Business Environment Council. These are interactive platforms where we bring the private sector to collaborate, develop and think through policies with us and in the Competiveness Council to even implement policies with us.

I think this is the way we ought and have to continue because when you consider the size of the Federal Government’s budget, and even when you total the aggregate States’ government budget, you find that the absolute amounts are very small indeed but once you factor in the private sector, that becomes the real economy of Nigeria and there is no way of talking about the economic development of Nigeria without the private sector seating at the table, playing a critical role.

I have asked the question, and I ask again? What was wrong with the Nigerian economy and what did we need to do to correct the flaws?

There are several issues, many of which have been well articulated in all earlier presentations. But I want to talk about what I think is probably the biggest problem but which we for some reason hardly talk about when discussing our National economy. This is grand corruption in the public finance space!

Sometimes, the way we talk about the Nigerian economy, it appears like it is the economy of say Norway or Sweden, where all things are equal. Even when we refer to what has taken place in our economy, we almost sound as if this is a normal business environment, a normal public finance environment but that is not the case. I don’t think that any considerations of our economic development can be properly or honestly done without fully analysing the role of grand corruption in the public finance space.

So despite record high levels of oil prices, very little was invested in infrastructure and record levels of leakages were recorded, especially in the past few years. This is the fundamental issue in our economy. Corruption affects everything, it even affects judgement as to what sort of infrastructure to put in place or whether to even put infrastructure in place or whether it would be completed. It is so fundamental that we cannot even think of our economy, without thinking of what to do about it.

Sometimes when we talk about our economy, we say that we have relied on a single commodity, and that is one of the reasons why we are where we are. Yes, that is true but it is the fact that the proceeds of that single commodity were regularly hijacked consistently by a few. That is really the problem. If we spend the proceeds of that single commodity the way we ought to spend it, we won’t be where we are today.

That most of the proceeds go to rent seekers, who invest little in industry and production.

So for example, I’m sure many of us are familiar with the so called strategic alliance contracts with the NNPC and NDPC, the promoters of the companies made away with close to 3billion US dollars, almost a tenth of our reserves at one point! There is no way if someone made away with that amount, a tenth of your reserves, that there won’t be a major economic shock! If we don’t deal with it and talk about it, how do we really discuss our economy in any real honest way with a view to ensuring that these things do not happen again?

In one single transaction, a few weeks to the elections in 2015, the sum of N100billion and $289million in cash were embezzled by a few. When you consider that in 2014, when oil prices were an average of $110 per barrel, only N99billion was spent on Power, Works and Housing, and in one day, N100billion was issued and people essentially shared it and N99billion was spent on Power, Works and Housing. When we talk about our economy, we talk about it like it is normal but it is abnormal by every standard, completely abnormal. Nobody should talk about the economy when you have these huge leakages and corruption; corruption that makes what you allocate to capital and infrastructure nonsense.

From the presentation of Minister of Finance, N14billion was spent on agriculture in 2014, transportation N15billion. The total spend on capital in those critical areas was N153billion and in two weeks to the 2015 election, N150billion was shared and essentially shared! So if your total capital spend is N150billion and you can share N153billion, let’s face it, that is completely incredible! It is the sort of thing that doesn’t happen anywhere else in the world. When we talk about the economy, we absolutely must understand that is the problem

Today with less revenue, we have increased capital funding by 400% in Power, Works and Housing, Defence, Transportation and Agriculture. Economic analysis in Nigeria is either fraudulent or ignorant if we do not bring the money lost to corruption into the maths.

This is what distinguishes this administration from any other. It is the fight against corruption especially in public finance. And I can say that will all sense of responsibility, if you have a President who is not corrupt, at least 50% of your financial problems, especially in public finance, is over. This is what I have seen, and I can prove it with facts and figures.

If the President is corrupt, the entire financial system of the country is compromised, that is what we have seen from the figures. That is an absolute important point that we must take into account.

I am not saying that corruption under this administration has been completely dealt, certainly not. Where corruption has become systematic, you can’t deal with it all in one fell swoop. In any event you still have to deal with corruption fighting back, the system fights back, it is both an internal and external fight, and you have to be steadfast and strategic to win the battle. There is no way you have a system that has consistently thrived on corruption and proceeds of corruption and public finance in particular that will just roll over, no! It is a system that had actively dealt on corruption and the system affects all aspects of governance. So clearly trying to deal with it is not a walk in the park.

I want to say that task has already begun and being done consistently, I believe that going forward in the next few years, no matter how we slice it, if we stick to policies especially in controlling excesses and corruption in public finance, this country will make the kind of progress it deserves to make with all of the resources at our disposal. If we stick to a policy that ensures that as far as public finance is concerned, there is no impunity, and we hold people to account, I am absolutely confident this country has everything it takes to make the sort of progress that we deserve to make as a nation.

Again, let me thank everyone for your participation and continued support and confidence in the work we are doing. I want to say all the comments and issues are taken seriously. We will go back, and look at what we need to do to ensure that all our objectives, plans and thoughts come to fruition, and that our country becomes a better place for doing business and the economy of our country grows to the benefit of our people.

I want to thank you again very much. God bless you.

Released by:

Laolu Akande
SSA, Media and Publicity to the President
Office of the Vice President
March 19, 2018

Press Release: Why We Insisted On Respect For Constitutional Change in the Gambia – President Buhari

President Muhammadu Buhari on Tuesday in Abuja expressed disappointment that he and other leaders of the Economic Community of West African States (ECOWAS) had to use strong-arm tactics to get Yahya Jammeh, the former Gambian president out of office after failing to win re-election.

“We had to go through those actions because it was the only option for Nigeria and ECOWAS,” President Buhari told Mr. Adama Barrow, the President of the Gambia who succeeded Jammeh.

President Buhari recalled that in spite of all entreaties, the former

President refused to accept the outcome of the election he superintended which was widely accepted as credible.

“We thank God for the role He allowed us to play in the Gambia. We believe in multi-party democracy. In Africa, it is absolutely necessary but for the system to work and one to come out of it clean, there is need for patience.

‘‘Patience on the part of leaders is also necessary in view of ethnic and religious diversities that prevail. Leaders must be patient, hardworking and resourceful,” he said.

President Buhari counselled that if African countries can get the institutional structures of democracy working properly, the continent will emerge from the process of development successfully.

He urged the Gambian leader to uphold the legacy of free and fair elections which he described as the biggest guarantee for democracy.

Comparing experiences with the new leader of the Gambia, the Nigerian leader said one of the biggest challenges facing Nigeria is unemployment.

“Sixty percent of the 180 million people are under 25 years. They all wish for a secure future. Those of them who are educated feel they are more qualified for employment.

“We have studied the problem and are doing our best to stabilize the situation.

‘‘We took over from a party that had been in power for 16 years. During those years, the country earned an unprecedented amount of money as revenue, never seen at any time before. It is noteworthy that, no matter how grudgingly, the people are accepting that we are doing our best,” he said.

At the end of the meeting, the President announced that representatives of both countries will deliberate and advise the leaders on how best to strengthen the existing level of cooperation between the two states.

President Barrow said he came to thank Nigeria and its leader in person for ensuring the completion of the democratic process in his country which had stalled back then following the refusal of Jammeh to accept the election results.

The Gambian leader said his country received the support of Nigeria in many spheres, citing education, administration, justice and security sectors and requested President Buhari to continue to be of assistance.

“We will never forget Nigeria for the help it has rendered to us since independence,” the visiting Gambian leader said.

Garba Shehu
Senior Special Adviser to the President on Media & Publicity
January 16, 2018

Speech: VP Osinbajo’s Address at the Inauguration of The National Council on Nutrition in Abuja

This was established by the Federal Executive Council in May 2007, following the convening of the first Presidential Stakeholders’ Forum on the Child Nutrition Situation in Nigeria, on 22nd February 2007 – is the highest decision-making body on food and nutrition in Nigeria, and is expected to spearhead and oversee our interventions in addressing Nigeria’s nutritional challenges.

The Council has a robust roadmap to work with – the National Food and Nutrition Policy, adopted in April 2016 by a broad coalition of stakeholders, comprising the Federal and State Governments, civil society and international development partners.

The emergence of that Policy is further demonstration of the seriousness with which the Buhari administration takes the issue of improving the nutritional status of all Nigerians, especially the most vulnerable in our midst: infants and children, pregnant women, the elderly, the poor.

That policy, if fully implemented, will ensure significant improvements in several specific national indices, including the reduction of stunting in under-5 children, reduction of wasting in children, reduction of anaemia in pregnant women, reduction in adult obesity rates, and an increase in the rates of exclusive breastfeeding.

More than any other government in Nigeria’s history, this administration has demonstrated its seriousness about catering to the needs of the most vulnerable of our population.

One of the primary manifestations of this commitment to the vulnerable is our Social Investment Programme, comprising a School Feeding Programme for public primary schools, a Micro-credit scheme for small business people, a Conditional Cash Transfer scheme, and a Jobs programme for unemployed graduates.

The School Feeding Programme, which directly seeks to improve the nutrition of primary school children, is now active in 19 States of the country, providing one meal a day to 5million. Our target is 5.5million children before the end of the year. At the beginning of December, we intend to carry out a mass deworming exercise on the back of the School Feeding Programme.

Our Agriculture reform agenda is focusing on achieving self-sufficiency within the shortest possible time. In the Northeast, where Boko Haram’s violence disrupted the farming cycle for years, we are now seeing a remarkable improvement in security, allowing the people to return to their farms, and grow their food. In our healthcare agenda, we are revitalizing our primary health care system, with nutrition at the very heart of it, and promoting optimum breastfeeding and quality of complementary foods.

We are also collaborating with the private sector to ensure Nigerians have year round access to adequately fortified and nutritious foods, and working with both national and International partners to raise awareness and deepen understanding on this issue.

Distinguished Ladies and Gentlemen, it is clear that there is a strong connection between nutrition and economic growth. If we invest in improved nutrition for our people we will see the results not only in improved emotional and psychological satisfaction in our citizens, but also in reduced healthcare costs and increased economic productivity.

We must therefore ensure that we mobilize the resources needed to make these needed investments. The Federal Government has been progressively increasing budgetary allocations to nutrition activities.

But the Government cannot fund this by itself. The private sector, civil society, and international community must all play a key role in helping mobilize financial and logistical resources, and in helping ensure transparency and accountability in the deployment of these resources. Indeed, every resource must be made to count towards the attainment of our goals and ambitions. There is no room for waste.

The National Council on Nutrition has its work cut out, in implementation, collaboration, and communication. We bear the burden of very high expectations – Nigeria must make speedy and visible progress in its fight against hunger, malnutrition and other nutritional challenges. As part of this we must ensure that the new National Food and Nutrition Policy is quickly domesticated at State level in every State of the Federation and the FCT.

Let me reiterate that the work of this Council is an important one. Our success or failure will make a huge difference in how quickly Nigeria is able to achieve not only the Sustainable Development Goals, but also our Economic Recovery and Growth Plan.

I would also like to express our gratitude to all our partners and stakeholders, local and international, who have demonstrated again and again that they are fully with us on this journey.

In closing, let me express my congratulations to all Council members. This is a great opportunity to serve our nation and its people.

It is now my honour and privilege to formally inaugurate the National Council on Nutrition today. I wish you a successful tenure.

Thank you and God bless the Federal Republic of Nigeria.

Laolu Akande
SSA, Media and Publicity
Office of the Vice President
November 22, 2017