Wednesday, April 3, 2013

Page 1

We’ll meet in court, pension boss, Maina, tells Senate

My Oga at the top:

Why NSCDC redeployed Lagos commandant, Obafaiye

We’ve not seen copy of judgement –Police

EMMANUEL ONANI ABUJA

Vol. 3 N0. 591

Bad loans:

T

he chairman of the disbanded Pension Reform Task Team, PRTT, Mr. Abdulrasheed

Maina, has dared the Senate to go ahead with its plan to challenge the March CONTINUED ON PAGE 5>>

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Wednesday, April 3, 2013

N150

No more rescue for banks, says AMCON Shareholders back IMF’s call to wind up corporation World Bank President advocates end to poverty by 2030

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JOHNSON OKANLAWON

BUSINESS CORRESPONDENT

T

he Asset Management Corporation of Nigeria, AMCON, has said that banks will now bear the full cost of bad loans. The corporation said it stopped purchases of non-performing loans about six months ago. The Managing Director of the corporation, Mr. Mustapha Chike-Obi, said yesterday that the stoppage of bad loans purchases was aimed at discouraging excessive risk-taking in the banking sector after the CONTINUED ON PAGE 2>>

Pastor, 6 others paraded over MMIA robbery P.10

Abubakar

Igbo’ll produce President after Jonathan –Anyaoku Nobel Laureate, Prof. Wole Soyinka (left) and Mama HID Awolowo during a condolence visit to the family in Ikenne over the death of Nigerian Tribune Publisher, Chief Oluwole Awolowo, yesterday.

Only force will end Boko Haram –Chief of Army Staff ….as Lagos plans takeover of abandoned properties

P.2

Diabetes now world’s most threatening epidemic

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P.12

PDP crisis: I’ve no apology for my actions –Tukur

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