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  • Buhari won’t appoint coordinating minister of economy –Osinbajo
 

Buhari won’t appoint coordinating minister of economy –Osinbajo

Buhari won’t appoint coordinating minister of economy –Osinbajo

by magna / Thursday, 29 October 2015 / Published in Capital Market News

Yemi-Osinbajo

From Juliana Taiwo- Obalonye, Abuja

VICE President Yemi Osin­bajo has said President Mu­hammadu Buhari admin­istration would appoint a Coordinating Minister of the economy; a practice in­troduced in the last adminis­tration.

He made the clarification while receiving the Austra­lian High Commissioner to Nigeria, Mr. Jonathan Rich­ardson, in his office.

He has also assured the nation that the administra­tion would keep its pledge to run an open and transpar­ent government, commend­ing the public opening of technical and commercial bids for the purchase and sale of Nigeria’s crude oil which saw 278 firms bid­ding in Abuja.

Osinbajo said:“We are not going to have a system like where there was a coor­dinating minister. No, there would not be anything like that.’’

He said as Vice Presi­dent, his role is “to ensure that everyone is involved in economic activities, that there is a way by which the President is fully informed 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.’’

Speaking more on the 278 firms openly bidding for the nation’s oil, the Vice Presi­dent said: “As you know, our most important rev­enue earner is crude oil and whatever is associated with it ought to be transparently handled .That’s why you’ve seen that the crude oil round of bids, the term bids, were done in the open and that is a tradition that we intend to continue.’’

Osinbajo, however, add­ed that “every Nigerian will be entitled to see for his or her self that there is a fair process and that process is one that they themselves can interrogate and that’s exactly what we intend to do.

That processes will be open, accounts will be open, people will be able to see for themselves, they would know what is going on. That is the entitlement of every citizen of Nigeria.’’

According to a statement by his Senior Special As­sistant Media and Public­ity, Laolu Akande, “Ni­gerians before now only found out about the crude oil bids through an official announcement of the winner in a process that had little or no trace of public account­ability”.

Source : SunOnline

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