Thursday, March 5, 2026
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
No Result
View All Result

Osinbajo: N6bn spent on new VP’s residence misplaced

Femi Adewale by Femi Adewale
February 26, 2016
in News
0
Osinbajo, others list values for business success
1.6k
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Vice President Yemi Osinbajo says there is entirely no need for a new residence for the Vice President as the current one, called Aguda House, is up to standard with enough space and well managed.
The Vice President said this on Friday while responding to questions at the Pastors and Leaders Retreat of the Fountain of Life Church, Ilupeju, Lagos.
Osinbajo said the N6 billion already spent on the project was a misapplication of fund but added that with the level of construction already done, it would not be abandoned.
He said the present administration would complete it but consider putting it to other use.
“There is no need for a new Vice President’s house; it is a kind of waste; we are now in a situation where we cannot abandon it; it has to be completed and used for a different thing,’’ he said.
The Vice President also explained the misunderstanding about the State House Medical Centre which he said was not only for workers at the state house.
He said it was a general hospital with a lot of facilities and serving all Nigerians, adding that he would prefer that it be further equipped to provide higher medical services to those in need.
Osinbajo debunked insinuation of lack of data in the country, saying that the Nigeria Bureau of Statistics had enormous which had been rated highly by the World Bank and other international agencies.
He, however, said that the country had yet to have adequate data.

He added that the intention of government was to aggregate the scattered data in INEC, CBN, National Population Census Commission into one by the National Identity Card Management Commission.

He also said the education sector lacked not only standards but adequacy of institutions which led to Nigerians sponsoring their children abroad for tertiary education.

He explained that while 1.8 million Nigerians sat for university entrance examination yearly, only about 300,000 were offered admission due to dearth of universities.

He said the government was planning to convert many of the existing universities into centres of excellence and support the private sector in the running of universities to enable more Nigerians to have access to tertiary education.

He said infrastructure development was key in the administration which informed the voting of 30 per cent of the 2016 appropriation to capital projects.

Osinbajo added that the Ministry of Industry had 18 months mandate to improve the ease of doing business.

He, however, said the Bank of Industry was collaborating with other financial institutions to bring down the interest rate on loans for small businesses.

The VP said that the judicial system was replete with problems which needed the collaboration of the states and the Federal Government to make it faster and enable more Nigerians to obtain justice.

Before responding to questions, Osinbajo had said that what the country needed was truth and integrity which the Church should spearhead.

“The Church is where the truth is; the Church has the answer to the nation’s problems; one of the problems of our society is integrity,’’ he said.

He explained that the corruption in the country was not caused because a few individuals chose to be corrupt but that the entire system was built around lack of integrity.

Osinbajo said the country would be great again but noted that the foundation for the greatness had to be laid with a lot of pains.

“Unless we tackle graft, we may not be able to achieve something.

“The Federal Government in the past 10 years could not build a single new road, not repairing existing ones alone.

“Now we have a President who will not steal money and who will not allow anybody to steal money,’’ he said.

Osinbajo said the nation lacked the capacity to get things done which was difficult to understand but “with God on our side, our country will set the pace for Africa”.

“Our people are ready to do it and they can do it but they are waiting for the right kind of leadership.

“I know why you are praying for us is that this is a good opportunity to get it right and we don’t want to miss this chance.’’

Pastor Taiwo Odukoya, the leader of the Church, asked Christians to continue to pray for the administration as Nigeria had a great future.

He said the present administration would lead the people to a more prosperous and secure nation.
Earlier, Osinbajo had preached at the burial service for his childhood friend, Bola Omotesho, at the Olive Parish of the Redeemed Christian Church of God, Banana Island, Lagos.

He urged Nigerians to lead good lives to rest in peace as there was actually no peaceful rest for a bad soul in spite of the earthly prayers offered for the soul.

He said the late Omotesho lived lives worthy of emulation and having been born again since 1994 and lived it until he died, God would accept his soul.

Tags: osinbajo
Share25Tweet16Send
Previous Post

Dickson laments dwindling allocation, says Bayelsa got N2.9bn in February, stops sale of govt properties

Next Post

System failure mars UTME at Oshodi

Related Posts

Congress: Crisis hits Oyo APC as stakeholders reject Adeyemo’s chairmanship
Breaking News

Congress: Crisis hits Oyo APC as stakeholders reject Adeyemo’s chairmanship

March 4, 2026
Police Council Confirms Olatunji Disu as Substantive Inspector-General of Police
Breaking News

IGP inaugurates eight-man committee on implementation of state police

March 4, 2026
euro
Breaking News

Diesel passes €2 per litre in Germany due to war in Iran

March 4, 2026
Next Post
2019 UTME: JAMB stops use of cyber cafes for registration of candidates

System failure mars UTME at Oshodi

Dickson appoints PDP chair Bayelsa SSG

Dickson appoints PDP chair Bayelsa SSG

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://freedomonline.com.ng/wp-content/uploads/2025/01/5aeac180-db4e-4e7c-bd37-07ddbf15b053.mp4

Popular Stories

  • Bloody clash in Lagos

    Bloody clash in Lagos

    77 shares
    Share 31 Tweet 19
  • Tinubu rejigs Cabinet

    68 shares
    Share 27 Tweet 17
  • Umahi to Tracy Ohiri: Only a queen can claim a handsome man like myself has been making love advances for 12 years

    67 shares
    Share 27 Tweet 17
  • Court Grounds NG Eagle Aircraft, Bars Sale Pending $5.3m Aviation Dispute

    66 shares
    Share 26 Tweet 17
  • Tinubu welcomes Lebara’s launch in Nigeria

    65 shares
    Share 26 Tweet 16
  • Ogun guber: Iyabo Obasanjo attacks Adeola Yayi, says ‘you are an opportunist, your political migration driven purely by ambition rather than service’

    79 shares
    Share 32 Tweet 20

Latest Stories

Congress: Crisis hits Oyo APC as stakeholders reject Adeyemo’s chairmanship

Congress: Crisis hits Oyo APC as stakeholders reject Adeyemo’s chairmanship

March 4, 2026
Police Council Confirms Olatunji Disu as Substantive Inspector-General of Police

IGP inaugurates eight-man committee on implementation of state police

March 4, 2026
euro

Diesel passes €2 per litre in Germany due to war in Iran

March 4, 2026
U.S., South Korea agree on trade, security deal, nuclear submarines

100 feared dead after Iranian frigate sustain suspected submarine attack off Sri Lanka

March 4, 2026
Terror Financing Insinuations: My story, by Malami

AGF takes over prosecution of Malami, son over terrorism, firearms possession

March 4, 2026
INEC upgrades BVAS to eliminate election result manipulation – Chairman

INEC Begins Review of Political Parties’ Guidelines Ahead of 2027 Polls

March 4, 2026
FG Prohibits Cash Tax Collection, Roadblocks Under New Tax Regulations

FG Prohibits Cash Tax Collection, Roadblocks Under New Tax Regulations

March 4, 2026
Freedom Online

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.

Navigate Site

  • Home
  • News
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates

Follow Us

No Result
View All Result
  • #13921 (no title)
  • Advert Rates
  • APC ad
  • Archive Sitemap
  • Contact
  • Contact Us
  • Documents
  • Full Width
  • Homepage
  • Ogun State
  • Ogun State banner ad
  • P-A
  • P-A2
  • Privacy policy
  • Sample Page
  • Sample Page
  • Submit an article
  • Welcome

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.