Businessday 01 jul 2018

Page 1

BDSUNDAY BUSINESS DAY

Herdsmen massacre: Nigerians spit fire as Plateau continues to count losses p . 24

Interim dividends, US trade wars to spur market rally as equities gain N257bn at half year p. 35

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p. 40-41p.

Sunday 01 July 2018 Market & Commodities Monitor Brent Oil

5yr Bond

$79.39

0.00 13.57%

Gold

10yr Bond

$1,254.60

0.19 14.02%

Cocoa

20yr Bond

$2,512.00

0.00 13.96%

Party funding Small parties in lamentation as election approaches Odds still favour the big ones

ZEBULON AGOMUO, INNOCENT ODOH and INIOBONG IWOK

‘Atiku has not made choice of presidential running mate’

A

head of the 2019 general election, leaderships of some political parties have lamented their financial status and the disadvantaged position this may place them in the race. They also urged the

F

ormer Vice President and frontline aspirant for the ticket of the People’s Democratic Party (PDP) in the 2019 election, Atiku Abubakar has denied a media report alleging that he has chosen former Anambra State governor, Peter Obi as his running mate in

Vol 1, No. 224 N300

Independent National Electoral Commission (INEC) to reconsider the stoppage of the grant hitherto given to political parties. Out of the 68 political parties registered by INEC, only a few are said to possess the financial backbone to successfully prosecute elections. BDSUNDAY checks show that the poor financial status of some of the parties has

constituted a huge impediment, derailing their focus and putting them at political disadvantage despite their official registration by INEC. Party leaders share their experiences Speaking with BDSUNDAY on the challenge being faced by his party on financial score, Tanko Yunusa, national chairman of

p. 4

p. 7

inside Stakeholders optimistic Nigeria will sign AfCFTA p. 10

Government must take responsibility for insecurity in Nigeria- Baptist clergyman

President Muhammadu Buhari (r) welcoming the visiting President Faure Gnassingbe of Togo in Katsina at the weekend.

NAN

Return of stolen Nigerian artefacts to spur museum visitation, increase revenue …as Benin art lures visitors, earn big at UK museums

OBINNA EMELIKE

p. 20

W

ith over 46.5 million annual visitors who pay at least £20 entry and exhibition fees per outing at the top 15 museums, the United Kingdom rakes in millions of

pounds from her museums, aside revenue from other commercial activities, grants and donations. The British Museum, which is the most popular tourist attraction in the UK, received 5.7 million visitors last year (2017) while earning £39.7 million revenue and

£13.9 million capital grant-in-aid from the government in2016/17. However, many Nigerian artefacts, which are locked up in UK museums are among the works visitors pay to see, while the country of origin is neither mentioned nor receives

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