News
We Must Sustain The Ease Of Doing Business Reforms – Osinbajo
OFFICE OF THE VICE PRESIDENT | PRESS RELEASE
The Buhari administration’s business reforms, through the Presidential Enabling Business Environment Council (PEBEC), is an opportunity to significantly boost local and foreign investments in the country, according to the Vice President Yemi Osinbajo.
Prof. Osinbajo spoke today at a virtual meeting of the PEBEC to review the state of the reforms across a number of government agencies, noting that the Federal Government will continue to take the opportunity and ensure that more results are recorded.
As a result of the work of PEBEC, the World Bank has praised the economic direction of the Buhari administration and ranked the country higher in its annual Ease of Doing Business Rankings.
According to the Vice President, “This is a country with so much promise, this is a country that has so much resources and our administration has every opportunity to do something profound about investments in Nigeria.
“We must focus on how to get our business environment working.”
Earlier in his presentation, the Minister of Industry, Trade and Investment, Otunba Niyi Adebayo expressed optimism that the challenges observed in sustaining the successes recorded in the reforms will be addressed.
On his part, the Minister of the Federal Capital Territory (FCT), Alhaji Mohammed Bello, said sustaining the PEBEC reforms is a priority for Nigeria as the country would not have risen in the Ease of Doing Business rankings if not for PEBEC.
The Special Adviser to the President on Ease of Doing Business, Dr. Jumoke Oduwole, said the Enabling Business Environment Secretariat (EBES) will continue to drive the mandate of PEBEC through extensive collaborations, adding that the National Action Plan 5.0 has been extended to July 29, 2020.
Attendance at the meeting, chaired by Vice President Yemi Osinbajo, included Minister of Industry, Trade and Investment, Otunba Niyi Adebayo; Minister of Interior, Mr. Rauf Aregbesola; Minister of FCT, Alhaji Mohammed Bello; Minister of Communication and Digital Economy, Dr. Isa Pantami; Minister of Information, Alhaji Lai Mohammed; Minister of State for Industry, Trade and Investment, Amb. Mariam Katagum; Head of Civil Service of the Federation, Dr. Folashade Yemi-Esan; Special Adviser to the President on Ease of Doing Business, Dr. Jumoke Oduwole, amongst other members of the council.
*Laolu Akande,*
Senior Special Assistant to the President on Media & Publicity,
Office of the Vice President.
21 July 2020

Foreign
Goodluck Jonathan Reportedly Stranded in Guinea-Bissau After Sudden Military Takeover
Former Nigerian President Goodluck Jonathan is reportedly stranded in Guinea-Bissau following the military’s announcement of a takeover on Tuesday.
Jonathan, who travelled to the country as part of an international election observation mission, was expected to oversee the release of official results before the unexpected shift in power disrupted all movement. Sources say he and other foreign observers are currently unable to leave as security restrictions tighten across the capital.
The situation has sparked concern among regional stakeholders, with diplomatic channels said to be monitoring developments closely. So far, neither Jonathan nor Nigerian authorities have issued an official statement on his safety or plans to return.
The unfolding political tension in Guinea-Bissau continues to draw global attention, especially as the fate of the election results remains unclear.


News
Rep. Ahmed Idris Wase Raises Alarm Over Alleged Boko Haram Names on Army Recruitment List
A fresh wave of national concern has been triggered after former Deputy Speaker of the House of Representatives, Ahmed Idris Wase, alleged that names of individuals suspected to be linked to Boko Haram were once discovered on a Nigerian Army recruitment list.
Wase made the revelation on Wednesday while addressing colleagues and security stakeholders. According to him, the discovery points to a deeper and more dangerous level of infiltration that could compromise Nigeria’s ongoing fight against terrorism. He warned that if such cases go unchecked, they could weaken the country’s security architecture from within.
The lawmaker stressed the need for urgent and comprehensive reforms in recruitment procedures across all security agencies. He called for:
Enhanced vetting and background checks
Stricter biometric verification
A complete review of recruitment protocols
Cross-agency intelligence sharing
Wase argued that preventing infiltration at the point of entry is just as critical as frontline military operations, emphasizing that national security begins with ensuring the right people are admitted into the armed forces.
His claims have since generated widespread reaction from citizens, security experts, and civil society organisations. Many Nigerians are calling on the federal government to conduct a detailed investigation into the alleged incident, insisting that transparency is essential to restoring public trust in the nation’s defence system.
As of press time, the Nigerian Army has not issued a formal statement responding to Wase’s claims, leaving the public eager for clarification on a matter that touches directly on national safety.
Lagos Lately will continue to monitor developments and provide updates as the story unfolds.



News
FG Vows to End Frequent Power Grid Collapses
The Minister of Power, Adebayo Adelabu, has assured Nigerians that the Federal Government is intensifying efforts to put a stop to the recurring national grid collapses and improve overall stability in the country’s power sector.
Speaking in Uyo, Akwa Ibom State, on Friday during the maiden retreat of the Nigerian Independent System Operator (NISO) themed “NISO on the Move,” Adelabu—represented by the Permanent Secretary of the Ministry, Alhaji Muhammadu Mamman—said President Bola Tinubu’s administration has been implementing fresh strategies from day one to stabilise the grid and curb nationwide power outages.
According to him, the establishment of NISO is one of the key reforms introduced by the Federal Government to transform operations within the power sector and drive reliable electricity supply.
Nigeria has long grappled with repeated grid collapses, largely attributed to ageing infrastructure, inadequate funding, poor maintenance, and vandalism. These disruptions have resulted in widespread blackouts, affecting businesses, slowing economic activity, and forcing households to depend heavily on generators and other costly alternatives.
Adelabu noted that the current administration is committed to reversing these trends. “Since the commencement of this administration, things have been done differently. The creation of the Nigerian Independent System Operator is a clear indication of government’s renewed approach to achieving grid stability, reducing power outages, and ensuring every Nigerian has access to electricity,” he said.

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