Vice president, Yemi Osinbajo and president Muhammadu Buhari |
Buhari who promised to lift ten million Nigerians out of poverty and fight corruption, has on Tuesday, directed Osinbajo to, henceforth, seek presidential approvals for agencies under his supervision.
Apparently, Osinbajo is the chairman of the board of directors of the Niger Delta Power Holding Company NDPHC.
He is equally the chairman of the National Economic Council (NEC), a constitutional body made up of state governors and key federal government officials, as well as the National Council on Privatisation NCP.
Sections 13, 14, 16, 17, 18, 19 and 24 of the NEMA act provide that “funding, expenditure, contract awards and regulations” must receive presidential approval.
Sections 24, 25, 27, 28 and 33 of the NBC act empower the president to direct on annual reports, annual accounts, power to borrow and power to invest
Under the BCDA law, the president also has similar powers.
“Suffice it to say the president has finally taken control of his government,” a minister said.