Presidency to convert VP’s new official residence in due time

The Federal Government would at the appropriate time convert the new official residence being built for the Vice President to another use.The Acting President, Yemi Osinbajo, said this in a statement by his Senior Special Assistant on Media and Publicity, Mr. Laolu Akande, amid continued criticism of the project which is expected to gulp over N7b.In a statement, the Senior Special Assistant to the Vice President on Media and Publicity, Mr Laolu Akande explained that “the project which started in 2010, was initiated and funded by the immediate past administration, but had never featured in the two budget proposals of the Buhari administration: neither in the 2016 nor the 2017 spending plans. Any suggestion therefore that this project benefits our administration or that it reflects our spending style or preferences is not only misleading but blatantly false.”Akande said that the incumbent Vice President, Professor Yemi Osinbajo had since explained that he was comfortable with his current official residence.“Besides, the incumbent Vice President, Prof. Yemi Osinbajo, SAN, has said publicly that he considers Aguda House, which he currently occupies, a befitting official residence for the Vice President and sufficient for his needs,”Â part of the statement read.Akande concluded that the project is now about 85percent complete and the Federal Government will decide at the appropriate time the best use for the 14 buildings already on the project site.