This is the third time Osinajo is acting as president. The first was in February 2016 when the president embarked on a five-day vacation, and the second time was in June 2016 when President Muhammadu Buhari went on a trip to the United Kingdom to treat an ear infection.
Unlike the era of the late President Umaru Yar’adua’s health crisis, Buhari had transmitted a letter to the National Assembly, informing them of his vacation and surrendering power to Osinbajo. President Buhari began a two-week vacation in London but later extended it indefinitely to address yet-to-be-disclosed medical concerns. Since then, the acting president has been riding out the storm.
Following a directive from the acting president, the dollar came crashing, 24 hours after the Central Bank of Nigeria (CBN) released $500 million to the banks, stabilising at 450 from N525. This is one of the effects of the directive issued after the National Economic Council meeting to the CBN to review its foreign exchange policy that weakened the national currency.
The name of Justice Walter Onnoghen was also forwarded to the National Assembly as acting Chief Justice of Nigeria, less than 24 hours to the expiration of his three-month acting period, saving the country another constitutional controversy.
A presidential task force was set up to address the skyrocketing prices of foodstuff across the country, while seven bills passed by the National Assembly were signed into law. Four others were rejected.
Face-to-face talks were held with communities in the creeks of the oil-rich Niger Delta on how to stabilise the region, fix their infrastructure and ensure a hitch-free flow of crude to the international market.
Osinbajo has so far presided over five meetings of the Federal Executive Council (FEC), awarding contracts worth billions of naira, among others.
January 20: After the Davos summit
Osinbajo was attending the 2017 World Economic Summit in Davos, Switzerland when Buhari travelled to London and he became acting president. On his return in January 20, he swung into action by having an engagement with service chiefs who briefed him on the situation in The Gambia at that time. He also received briefing from some members of the Federal Executive Council (FEC).
January 23: Unveiling 59 strategies for economic recovery
On January 23, Osinbajo presided over the Presidential Business Forum, during which 59 strategies for implementing the Economic Recovery and Growth Plan (ERGP) were unveiled. He later received the special envoy of President Ismail Omar Guelleh of Djibouti.
January 24: Micro enterprise clinic launched
On January 24, Osinbajo launched the Micro, Small and Medium Enterprises Clinics at the Old Banquet Hall of the Presidential Villa. He later proceeded to preside over a meeting of the Presidential Enabling Business Council.
January 25: Presided over his first FEC meeting
The acting president has so far presided over five weekly meetings of the Federal Executive Council since President Buhari left for the United Kingdom. The first was on January 25.
January 27: Met with the World Food Programme chief
On January 27, the acting president held a meeting with the executive director of the World Food Programme (WFP), Ms Ertharin Cousin.
January 30: Met with Senate Leader over budget
On January 30, Osinbajo had an audience with Senate Leader Ahmed Lawan over the 2017 Appropriation Bill.
January 31: Met with Ortom, Saraki, Dogara, Kogi APC
On January 31, he also received the governor of Benue State, Samuel Ortom. He later met with Senate President Bukola Saraki and the House of Representatives Speaker Yakubu Dogara, over the economy and the 2017 budget.
A delegation of the All Progressives Congress (APC) chieftains from Kogi State visited him in the evening of January 31.
February 1: Inaugurated NPC commissioners
Shortly before presiding over the FEC meeting on February 1, during which the Presidential Task Force on Food Security, mandated to reduce prices of food items in the country, was constituted, Osinbajo had inaugurated five commissioners of the National Population Commission (NPC).
February 2: Met Saraki, Doagara again
The acting president again met with the Senate President and the Speaker of the House of Representatives on February2