According to the laws established by the agencies, the president has the power to give final approvals, but TheCable understands that the provisions were not followed during the first term.
TheCable has learned that the directive to follow the fair trial was issued on Monday through a presidential memorandum.
Currently, Osinbajo is the chairman of the boards of the National Emergency Management Agency (NEMA), the National Boundary Commission (NBC) and the Border Community Development Agency (BCDA).
With the new memorandum, the vice president will now have to seek approval for the awarding of contracts, annual reports, annual accounts, the power to borrow and the power to make regulations, among other key functions.
On Monday, Buhari appointed the Economic Advisory Council (EWC) and dissolved the economic management group led by Osinbajo.
Buhari had appointed Osinbajo’s president of EMT during his first term, although the position was held by my finance ministers in previous administrations.
There are unconfirmed reports that NEMA and National Social Investment Programme (NSIP) will now be moved from the office of the VP to the newly created ministry of humanitarian affairs, disaster management and social development, headed by Sadiya Umar Farouq.
By law, the vice-president is the chairman of NEMA, NBC and BCDA but the acts also state that presidential approvals are needed for some key decisions and actions.
Sections 13, 14, 16, 17, 18, 19 and 24 of the NEMA act provides that “funding, expenditure, contract awards and regulations” must receive presidential approval.
Sections 24, 25, 27, 28 and 33 of the NBC act empower the president to direct on annual reports, annual accounts, power to borrow and power to invest.
Under the BCDA law, the president also similar powers.
“Suffice it to say the president has finally taken control of his government,” a minister, who confirmed the development, told TheCable.