BDSUNDAY BUSINESS DAY
‘Impeachments part of APC plot to stop further defections’
Gay mood in Rivers over PDP gains from gale of defections
Rising crude prices, subsidy ??payment propel oil & gas firms’ half-year profits to N43bn
Sunday 05 August 2018 Market & Commodities Monitor Brent Oil
5yr Bond
$73.06
-0.04 13.76%
Gold
10yr Bond
$1,223.50
0.01 14.23%
Cocoa
$2,114.00
20yr Bond
0.05 14.18%
inside Lagos: A city in need of rescue from disorderliness on roads
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Vol 1, No. 228 N300
Defection & 2019
Will history repeat itself?
Pundits say impact on elections too early to call
C
CHUKS OLUIGBO & INIOBONG IWOK larence Seward Darrow, the late American lawyer and leading member of the American Civil Liberties Union, once said, “History repeats itself, and that’s one of the things that’s wrong with history.” The events of the past few weeks in Nigeria’s political scene bear out this epigram. Reminiscent of the events preceding the 2015 general election in the country, the
ruling All Progressives Congress (APC) has in a space of less than two weeks lost many key politicians elected on its platform to the major opposition People’s Democratic Party (PDP). In 2013, the current flowed in the opposite direction. In what many political analysts called an earthquake, five aggrieved governors of the PDP, in one fell swoop, joined the then newly-formed APC after staging a walkout on the PDP national convention in Abuja.
Governors Rabiu Kwankwaso of Kano, Aliyu Wamakko of Sokoto, Abdulfatah Ahmed of Kwara , Murtala Nyako of Adamawa , and Rotimi Amaechi of Rivers States were soon joined by the current Senate President Bukola Saraki, former Vice President Atiku Abubakar, Abubakar Baraje, former acting national chairman of PDP, Sam Sam Jaja, former PDP deputy national chairman, among many others.
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How animation can challenge youths, create jobs, enhance Nigeria’s industry – Boye Gbenro
L-R: Kayode Falowo, chairman, GTL Trustees/ GMD Greenwich Trust Ltd; Mary Uduk, Ag. DG, Securities & Exchange commission; William Babatunde Fowler, executive chairman, Federal Inland Revenue Services (FIRS) and Omobola Makinde, managing director, GTL Trustees Ltd, at GTL Trustees Thought Leadership Roundtable series 2018, in Lagos. Fowler presented a paper at the event with the theme ‘Tax: An old wave on a new shore.’
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Okorocha vs Madumere: Love story gone sour
Farmers call for immediate release of N247m loan for maize cultivation
Further delay may derail off-taker agreement with flour millers, cause loan default NIRSAL attributes delay to verification CBN says all checks done before approval
JOSEPHINE OKOJIE
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aize farmers want the Nigeria Incentive-Based Risk Sharing for Agricultural Lending (NIRSAL) to quickly release the first tranche of N247 million loan to farmers to commence
farming. The farmers, under the auspices of Hope Concept Cooperative in Ifo, Ogun State, said they applied for a N342 million loan from the Central Bank of Nigeria (CBN) to support their maize cultivation programme for the second half of 2018.
The CBN has since 19th of July approved the loan and sent a credit note to NIRSAL for onward disbursement to farmers, but farmers under the cooperative say they are yet to get the fund after 14 working days. “We applied for the NIRSAL intervention
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