BDSUNDAY BUSINESS DAY
2019: Followership of the illiterate and Buhari’s likely return
Equity investors lose N199bn market returns near 2017 levels
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Sunday 20 May 2018 Market & Commodities Monitor Brent Oil
5yr Bond
$79.03
0.16 13.54%
Gold
10yr Bond
$ 1,291.40
0.11 13.46%
Cocoa
$ 2,671.00
20yr Bond
-0.05 13.37%
inside Why civil society groups now fight hard to quicken PIB passage
Vol 1, No. 218 N300
2019: What hope for ADC, SDP? S CHUKS OLUIGBO & INNOCENT ODOH, Abuja
ince former President Olusegun Obasanjo mooted the idea of a possible third force that would upstage the ruling All Progressives Congress (APC) and the major opposition People’s Democratic Party (PDP) in the 2019 general election, many Nigerians have been on the lookout for the emergence of such a strong force. In an open letter to President Muhammadu Buhari in January this year, Obasanjo had hinted at the
The lingering question, however, is how far the ADC or any other coalition can go in dislodging the two dominant political parties
formation of a movement, a ‘Third Force’, in the political circle “that will drive Nigeria up and forward” and lead Nigerians out of the present excruciating situation. The formation of the Coalition for Nigeria Movement (CNM) shortly after, and the Nigeria Intervention Movement (NIM), co-led by Olisa Agbakoba and Abduljalil Tafawa Balewa, had raised hopes as well as questions regarding which one was the third force. But the hopes were further heightened following the reorganisation and repositioning of the Social Democratic Party (SDP), especially with the defection, in
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It will be a taboo for APC to rule Imo again in 2019 Anyanwu
A combined picture of the new airport train station and tracks being constructed at the new terminal building of the Nnamdi Azikiwe International Airport, Abuja to link the airport to the Abuja City Gate. There was a test-run of the facilities recently.
Investigation: How filling stations short-change consumers p. 24-25
Michel Puchercos captures Africa through his lens p. 38
Many filling stations in Nigeria are still short-changing consumers through various fraudulent practices despite Department of Petroleum Resources’ reported efforts at curbing them. CHINWE AGBEZE
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n view of the endless complaints by motorists and other consumers of Premium Motor Spirit (PMS), otherwise called fuel, about the sharp practices perpetrated by most filling stations in Nige-
ria, I visited 12 filling stations to ascertain the veracity of some of these complaints. I randomly chose six filling stations in Port Harcourt, Rivers State and six in Lagos State. In each of the filling stations I visited, I bought fuel like every other Nigerian, but I kept my eyes wide open unlike many.
To achieve a high level of accuracy, my investigation in each state was conducted on the same day using a newly-purchased plastic can. All the filling stations I visited, both in Lagos and in Rivers State, dispensed fuel at the official pump price of N145 per litre,
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