We’re Doing More With Scarce Funds Than Jonathan’s Govt When Oil...


BEVERLY HILLS, August 06, (THEWILL) – The Acting President, Prof. Yemi Osinbajo says the current Federal Government is doing more with scarce funds than the previous administration could achieve when crude oil was selling at over $100 per barrel in the international market.

This was as he pointed out that availability of resources is not the issue, but it is all about the management of what is available.

“When we were making over a $100 per barrel, we were owing oil JVC cash calls, not able to pay salaries and owing contractors. Now that we are down in earnings by 60%, we have sorted out the problem of cash calls and are able to support states to pay salaries,” he said.

Osinbajo, according to a statement issued on Sunday by his spokesman, Laolu Akande, stated this at the Presidential Villa while playing host to Dr. Oluyinka Olutoye, Houston, US-based Nigerian doctor who successfully led a medical team that operated on a foetus, winning US and global acclaim for the feat.

Olutoye brought out a foetus from a mother-Margaret Boemer’s womb to remove a tumour from the foetus, and then restored the unborn baby to the womb successfully. The mother then continued to carry the pregnancy to term, and later on, delivered the baby safely and well.

Noting that the achievement of the Nigeria-trained doctor is remarkable in every sense and would make people wonder, the Acting President said, “This country can be well run, we produce the best in every way, but it will take a lot of doing, by good men and women. This is what I have learnt in the past over two years here. If we do the right things, day by day, we’ll change and improve the Nigerian situation significantly.

Speaking earlier, Dr. Olutoye, who was accompanied to the Presidential Villa by members of his family including his wife and parents, attributed his medical successes in the US to his Nigerian training and education up till the university. He is a graduate of Medicine from the then University of Ife.

“All we have achieved from primary to university is from Nigeria, and I believe that Nigeria will surpass what we have achieved out there,” he declared.

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