Vice President, Yemi Osinbajo has stated that there would be no designation as “coordinating minister of the economy”, in President Mohammadu Buhari’s administration as there was in the last administration led by former President Goodluck Jonathan.
Speaking when he received the Australian High Commissioner to Nigeria, Mr. Jonathan Richardson, in his office on Wednesday, the Vice President submitted that the economy was under his care as the vice president of the country, saying that he would always keep the president abreast.
We are not going to have a system like where there was a coordinating minister. No, there would not be anything like that.
My role is to ensure that everyone that is involved in economic activities, that there is a way by which the President is fully apprised of what everyone is doing such that we are all on same page and to make it easier for the President to make decisions.
Osinbajo also expressed the willingness of the Federal Government to deepen the existing bilateral with the Government of Australia; fostering economic cooperation in mining, agriculture, shipping and transport sectors as well as in the area of infrastructure development.
Explaining the reason for Nigeria’s interest in deepening the economic cooperation between the two countries, Prof. Osinbajo said ‘’the Federal Government would be interested in exploring deeper relationship on economic cooperation as it is a major area in diversifying our economy’’.
He lauded Nigeria’s excellent bilateral relations with Australia and commended the Australian government for the various capacity building initiatives in Nigeria and its investments in some key sectors of the economy.
Responding, the High Commissioner of Australia to Nigeria, noted that his country’s bilateral relations with Nigeria had grown over the years.
He disclosed that his country is seeking to enhance relations with Nigeria in areas of commercial development and is ready to offer technical assistance in some sectors which the country has given priority to.