Vice President Osinbajo Rejects Multi-Billion New Residence

Vice President Yemi Osinbajo has said the building of a new residence for the nation’s number 2 is a waste of public funds. He insisted that the VP’s residence – Aguda House – is sufficient and up to standard.

Interacting with Pastors and Leaders Retreat of the Fountain of Life Church, Lagos, Osinbajo described the N6bn already spent on the project as a misapplication of fund although he said that with the level of construction already done, government would have to complete it and find a different use for it.

“There is no need for a new Vice President’s house; it is a kind of waste; we are now in a situation where we cannot abandon it; it has to be completed and used for a different purpose,” he said.