Osinbajo Now Powerless In Aso Rock, As Abba Kyari Takes Over ‘Acting Presidential Duties’

By Post-Nigeria: November 4, 2019 20:13

Osinbajo Now Powerless In Aso Rock, As Abba Kyari Takes Over ‘Acting Presidential Duties’

The Chief of Staff to the President, Abba Kyari, on Monday, took a Bill for signing to President Muhammadu Buhari, who is in London, the United Kingdom, UK, on a private visit.
The Bill amended the Deep Offshore (and Inland Basin Production Sharing Contract) Act.

The President on Twitter, described the signing as a landmark moment for Nigeria.
In a photo which was posted on the social media, Kyari, who was wearing a suit, was seen presenting the Bill to the President, who was sitting down.

The Deep Offshore (and Inland Basin Production Sharing Contract) Act, was recently passed into law by the National Assembly. President Buhari in his tweet, appreciated the Lawmakers for their cooperation in making the ‘long overdue’ amendment possible.

He added that during his 2020 Budget Presentation Speech before the National Assembly, in October, he had earlier highlighted the need to urgently review the fiscal terms for deep offshore oil fields to reflect current realities, and to ensure increased government revenues.
Buhari, who will be in London for the next two weeks, failed to transfer power to Vice President, Yemi Osinbajo, as he had done several times in the past.
This implies that all memos, bills, and other documents requiring the President’s signature, must be taken to London for signing during the time.