UPDATED: 12 days after Buhari left for UK, Osinbajo signs 3 executive orders

- Acting President Yemi Osinbajo has signed three executive orders

- The three orders will significantly change some of the ways government business and operations are conducted in the country

- They will ease business, fast track budget submissions, promote made in Nigeria products

Acting President Yemi Osinbajo on Thursday May 18 signed three executive orders that will significantly change some of the ways government business and operations are conducted in the country forthwith.

Premium Times reports that ahead of the signing, Mr Osibanjo held an interactive session at the old Banquet Hall of Presidential Villa with all relevant government officials, including ministers, permanent secretaries and heads of departments and agencies among others.

Specifically, Mr. Osinbajo signed three executive orders giving specific instructions on a number of policy issues affecting:

In his Facebook post, the Acting President Yemi Osinbajo said the Executive Orders would significantly change some of the ways government business and operations are conducted in the country forthwith.

He said: "Every time a public servant is an obstacle to anyone seeking approvals or licenses, he/she attacks the Nigerian economy and our future prosperity.

"Today, I signed Three Executive Orders.

"The Executive Orders will significantly change some of the ways government business and operations are conducted in the country forthwith.

"The Executive Orders broadly address:

"Transparency and efficiency in the business environment which will ease doing business in the Nigeria.

"Support for local content in public procurement by the Federal Government

"Timely submission of annual budgetary estimates by all statutory and non-statutory agencies, including companies owned by the Federal Government.

Below are the some highlights of the Executive Orders;

1. Every Ministry, Department or Agency of the Federal Government must publish the full lists of requirements/conditions for obtaining products/services. This commences with immediate effect.

2. If there is any conflict between a published list of requirements and conditions and an unpublished list, the published list shall prevail.

3. Where a Government Agency fails to communicate approval/rejection of an application within stipulated time, application shall be deemed approved and granted

4. Where applications are rejected within stipulated timeline, the rejection must be issued with reasons.

5. Tourist and Business Entry Visas to Nigeria must now be issued or rejected with reason by Embassies within 48 hours of receipt of valid application.

6. The Apapa Port shall resume 24-hour operations within 30 days of the issuance of the Order

The executive orders also stipulate sanctions and punitive measures meant to address violations where necessary.

Together, Nigeria will prevail.