BusinessDay 23 Dec 2018

Page 1

BDSUNDAY BUSINESS DAY

‘2019 Budget proposal is dead on arrival’

Neimeth’s N184m full year profit lifts stock by 10 percent

Making the most of family ?? outing this Christmas

p.43

p36-37

p.44

Sunday 23 December 2018 Market & Commodities Monitor Brent Oil

5yr Bond

$54.08

-0.01 15.14%

Gold

10yr Bond

$1,260.80

0.00 15.64%

Cocoa

$2,271.00

20yr Bond

-0.01 15.52%

inside

Vol 1, No. 245 N300

Resilient Nigerians mark yuletide Despite unfriendly economy

N

CHUKS OLUIGBO & CHINWE AGBEZE

Things I would do differently if elected president - Ezekwesili

igerians of all classes are defying the harsh economic realities of the day to join the rest of the world in celebrating this year’s Christmas. BDSUNDAY visits to markets across Lagos

yesterday saw the markets spilling over with citizens making frantic last-minute purchases ahead of the celebration on December 25. When this newspaper visited some motor parks in the city, it was a similar scenario as many long-distance travellers were seen waiting on queues for buses to arrive. The airports were also packed full with travellers.

This is in spite of the unfriendly economic environment that the citizens have been forced to live under since the country entered one of its worst economic recessions in recent history. Nigeria, Africa’s biggest economy with an estimated population of 180 million, slipped

P. 4

p.14-15

p.21

ScubaLagos opens Nigeria to more tourist attractions p.23 In the spirit of the season: Travellers going home for the Christmas celebration await commuter buses at Ojota Garage, Lagos, yesterday.

Investigation:

Inside Abia where abandoned constituency projects thrive (part 1)

Investigation:

Some PHCs in Lagos cannot conduct basic medical tests

Despite government’s efforts, budgetary allocations

Desmond Okon

p.30-31

Pic by David Apara

T

he Lagos State government in 2016 reiterated its commitment to improving the quality of service delivery at all its

Primary Healthcare Centres, after the establishment of the Health Sector Reform Law in 2006. It promised to look into the areas of infrastructural upgrade, data management, operational cost,

power supply, water supply, and drug supply. Also, in December 2017 the Lagos State government signed the 2018 Appropriation Bill into law. The N1.4 trillion budget was said

to be the second-largest in the country and the first budget of the state to cross N1 trillion. Based on sectoral allocation, N92.67 billion

p.32


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.