BusinessDay 14 Jul 2019

Page 1

BDSUNDAY BUSINESS DAY

www.businessday.ng Sunday 14 July 2019

With what is going on in Nigeria, the country is not a democracy yet - Onovo

p16&17.

Market & Commodities Monitor Brent Oil

5yr Bond

$64.27

0.00 14.27%

Gold

10yr Bond

$1,403.10

-0.01 14.05% 20yr Bond

Cocoa

$2,463.00

0.27 14.34%

inside The sleeping senators p36

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Vol 1, No. 271 N300

Indigenous contractor drags ?? Lasaco Assurance’s profit rises by 42 percent on higher premium NLNG to Buhari, says some others are dying p.35 p.32&33 p 41.

INSECURITY

Inter-state journeys now high risk in Nigeria

As kidnappers, killers lay siege to major roads Murder of Fasoranti’s daughter, others mirrors nation’s hopeless situation Nigerians urged to travel only when necessary

ZEBULON AGOMUO

T The film industry holds a bright future for Nigeria if properly harnessed – Anyiam-Osigwe p.12-14

BMO to clerics: Stop distracting Buhari

T

he Buhari Media Organisation (BMO) has described the call by Reverend Tunde Adeleye on President Muhammadu Buhari to resign as uncalled for and absolutely unnecessary. Reacting to the call by Adeleye, the Archbishop of the Ecclesiastical Province of Niger Delta of the Anglican Communion, BMO stated that majority of Nigerians are in full support of President Continues on page 42

he brutal murd e r Fr i d a y o f Fu n k e Ol a k u nrin, daught e r o f Re u b e n Fasoranti,national leader of the pan-Yoruba sociocultural organisation, Afenifere, by suspected Fulani herdsmen along the OreSagamu Expressway at Kajola Village in Odigbo Local Government Area of Ondo State, has again strengthened a recent report that terrorists had established thousands of pockets of militia bases across Nigeria from where they ambush and unleash terror on innocent citizens. A police spokesman in the state, Femi Joseph, who confirmed the attack was quoted as saying that the bandits ambushed the victims and that a man was also Continues on page 2

President Muhammadu Buhari is joined by other eminent personalities as he commissions the Tulsi Chanrai Foundation Eye Hospital in Abuja. He said that the Chanrai family has through its Foundation contributed so generously to the health and wellbeing of the Nigerian people. He pledges that his administration will continue to welcome and support similar philanthropic interventions.

Nigeria is diminished – Obasanjo RAZAQ AYINLA, Abeokuta

O

lusegun Obasanjo, a former president on Saturday declared that Nigeria had been diminished by the spate of killings and high level of insecurity in the country. Obasanjo was reacting to the murder of Funke Olakunri, daughter of Afenifere leader, Pa

…Mourns Fasoranti’s daughter, condoles family Reuben Fasoranti, on Friday. He said that Olakunri’s killing by suspected Fulani herdsmen was a worrisome development in the polity, especially, at a time when all well-meaning Nigerians are preaching tolerance and political accommodation in national politics.

In a condolence letter to Fasoranti, which was made available to newsmen through his Special Assistant Media , Kehinde Akinyemi, in Abeokuta, Obasanjo tasked the security agents to fish out those responsible for the heinous crime. According to him, “This is

a worrisome development in our polity, especially, at a time when all well-meaning Nigerians are preaching tolerance and political accommodation in national politics. “I must say Nigeria as a whole Continues on page 42


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