The Acting President, Prof. Yemi Osinbajo, SAN, yesterday signed three executive orders at the Presidential Villa, Abuja. The pro-business orders are designed to facilitate the ease of doing business in Nigeria as it targeted areas such as port operations, entry experience for tourists and Foreign investors as well as registration of businesses by the Corporate Affairs Commission (CAC). According to the Acting President, the orders would "address efficiency in the business environment, local content in public procurement and timely submission of the budget".
President Muhammadu Buhari’s request for the National Assembly’s endorsement of a $5.815 billion loan suffered a temporary setback yesterday at the Senate. The Federal Government plans to raise the loan from the China Exim Bank to modernise Lagos-Kano, Kano-Kaduna, Lagos-Ibadan and Lagos-Calabar rail lines.