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“Buhari is only thinking of first term; Good times are here”: 2 main takeaways from Osinbajo’s interview


“Buhari is only thinking of first term; Good times are here”: 2 main takeaways from Osinbajo’s interview

In an interview with CNBC at the World Economic Forum in Davos, Switzerland, vice president Yemi Osinbajo claimed that Pres. Muhammadu Buhari is solely focused on this term in office despite all the pointers that he is actively seeking a second term.

Here are the two main takeaways from the interview:

Focused on a first term.

Asked how the election year was going to play out seeing as it appears that Buhari intends to stand for reelection, here is what the pastor-politician said:

“The president has said that he is entirely focused on this term. He wants to ensure that he’s able to deliver on as many of the promises that have been made. So, he’s actually completely focused.

“In our government we’re not talking about 2019. We are focused at this point on ensuring that we deliver on our promises. We have a four year term for now and that’s what we’re focused on and that’s what the president is also focused on.”

The good times are here.

If you are an outsider listening to the Vice President in that interview, your biggest conclusion is likely to be that these are very good times for the country.

Osinbajo peppered his responses with superlatives and chirpy observations.

* He said “it is a bullish period in terms of attracting investments and we are excited.”

* Many investors are looking Nigeria’s way because they see positive developments in terms of creating a better environment for business.

* Nigeria’s dreams of growing its own food is “going well indeed.” We are doing “exceedingly well” as rice imports have gone down by up to 80 per cent. And of course, “so many more jobs are being created in the agricultural areas.”

* The increasing foreign reserves is “excellent”, there is “great deal of progress” with investment, and we are “quite happy” with the capital market.

* We are doing “quiet a bit” for infrastructure, and a “lot of work” in rail. Our social investment program, according to Osinbajo, is probably the most ambitious project that the country has ever seen.

This line of argument was the same one adopted by information minister, Lai Mohammed in his response to former President Olusegun Obasanjo. However the opposition PDP attempted to puncture some of those claims in a statement on Thursday.

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