BusinessDay 16 Dec 2018

Page 1

BDSUNDAY BUSINESS DAY

Child rape: Watch, the enemy is within – Faith Tom-Babs

p. 12

‘Many pastors today are seeking bread and material things, not God’s kingdom’

p. 38

Equity portfolio investment ?? takes a back seat as FDI rises by 352 percent p. 43

Sunday 16 December 2018 Market & Commodities Monitor Brent Oil

5yr Bond

$60.25

-0.01 15.28%

Gold

10yr Bond

$1,243.7

-0.02 15.81%

Cocoa

20yr Bond

-0.12 15.53%

$2,232.00

National Discourse As the 2019 General Election draws near, BusinessDay will be introducing a daily political commentary section titled National Discourse, on Monday, December 17, to acquaint readers with topical political trends and perspectives. Look out for it.

Vol 1, No. 244 N300

Beyond the peace pact Nigerians say hateful utterances negate spirit of accord Call for signing of electoral bill

CHUKS OLUIGBO & INIOBONG IWOK

P

residential candidates of some political parties last week appended their signatures to the 2019 Presidential Election Peace Accord brokered by the Abdulsalami Abubakar-led National Peace Committee, committing to

upholding decency and focus ahead of and during the election. Whereas the signing of the peace accord should ordinarily give reason to cheer, given the volatile nature of elections in Nigeria and the tendency of supporters of candidates to resort to violence, not many Nigerians are cheering. The pessimism stems from perceived

insincerity of the major actors in the presidential election to the terms of the peace accord. Muhammadu Buhari, presidential candidate of the ruling All Progressives Congress (APC), signed the peace accord on Tuesday, alongside some other candidates. Atiku Abubakar, presidential candidate of

P. 2

inside

BDLife Sunday 16 December 2018

inside

LIFE&LIVING

ARTS OffDuty RealGist C002D5556

BDSUNDAY 21

It’s Christmas,

Shop on Budget p 21

Beyond gridlock, residents and businesses still bleed in Apapa p. 29

I foresee massive rigging because of desperation to stay in power - Kusamotu

L-R: Akin Oke, chairman, Oyo State All Progressives Congress; Abiola Ajimobi, state governor; Bayo Adelabu, governorship candidate of the APC in the state; Samuel Eegunjobi, his running mate, and Mojeed Olaoya, state secretary of the APC, during the flag off of the party’s governorship campaign at the APC secretariat, Ibadan... weekend.

Excruciating pain! Tales by Badagry residents working in Lagos city centre AMAKA ANAGOR-EWUZIE

p. 34-35

L

agos, situated in the south western geo-political zone of Nigeria, is unarguably the most economically viable state in the country. The state,

according to statistics, is not only the nation’s largest urban area, but also the major financial centre, estimated to be the fifth largest economy in Africa, if it stands as a country. With a population size of approximately 16 million, Lagos

State was rated as Nigeria’s most populous state apparently due to the high concentration of businesses, major seas and airports, industries and government agencies in the city centre. Many Nigerians migrate from their country homes in the North,

East, and South-South and from other states in the South-West to reside in Lagos following the quest to secure lucrative paid employments after graduating from higher institutions.

p. 30


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BusinessDay 16 Dec 2018 by BusinessDay - Issuu