Wednesday, May 1, 2013

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N100bn deceased ‘customers’ funds trapped in banks TORDUE SALEM ABUJA

Sanusi

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he House of Representatives yesterday disclosed that about N100bn belonging to

Vol. 3 N0. 611 FRONT PAGE COMMENT

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oday is Workers’ Day. And this year’s will be the 32nd edition of the Nigerian version of this global event which underscores the importance of labour in the production process; and also acknowledges the

deceased banks’ customers is presently trapped in dormant accounts across the country. According to the lawmakers, while the banks continue to trade with this

Presidency denies report on First Lady’s health P.8

money, beneficiaries of the deceased persons’ estates are living in penury, with many unable to feed. The House therefore mandated its Committee on CONTINUED ON PAGE 8>>

Dame Patience

Wednesday, May 1, 2013

N150

Dwindling fortunes of Nigerian workers

strides of trade unions and labour movements in the daunting task of defending the rights and interests of workers. It is for these reasons that the event is generally programmed to draw attention to the

conditions of the workforce in most parts of the world. Regrettable, however, it has been the yearly experience where the otherwise serious occasion that demands sober reflection by both workers and the employers

of labour, is often turned to a hollow ritual marked by speeches and march pasts to gratify top political leaders or their representatives in government, while some unprincipled leaders of CONTINUED ON PAGE 16>>

PDP crisis:

Lawmakers allege plot to impeach Amaechi Court nullifies suspension of 27 Assembly members Reps probe grounding of governor’s aircraft

SAM OLUWALANA, TORDUE SALEM, OLUSEGUN KOIKI AND GODWIN OKONKWO

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he Speaker of the Rivers State House of Assembly, Hon.

Otelemaba Amachree, yesterday raised the alarm over plot to impeach Governor Rotimi Amaechi by the Felix Obuah-led Peoples Democratic Party, PDP, state executive committee. The Speaker, in a stateCONTINUED ON PAGE 6>>

EU, Nigeria sign N18bn funding agreements Active phone lines now 116.6 million P.9,31 L-R: Chairman, Diamond Bank Plc and Obi of Onitsha, Chief Nnaemeka Alfred Achebe; Directors, Mr. Christopher Low; Lt.-Gen. Jeremiah Useni and Group Managing Director, Dr. Alex Otti, at the bank’s 22nd Annual General Meeting in Lagos, yesterday.

FG squandered N1.23trn special funds –Senate

Afe Babalola University lists admission requirements

P.6 P.4,5

Okonjo-Iweala

UEFA Champions League:

Dortmund beats Real Madrid 4-3, cruises to Wembley final P.56


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