BusinessDay 27 Jan 201

Page 1

BDSUNDAY BUSINESS DAY

Why party forum wants APC back on the ballot or no elections in Rivers p. 15

Sunday 27 January 2019 www.businessday.ng Market & Commodities Monitor Brent Oil

5yr Bond

$61.76

0.02 14.99%

Gold

10yr Bond

$1,303.20

0.02 15.46%

Cocoa

$2,225.00

20yr Bond

-0.13 15.17%

inside

Anticipating peaceful elections, ?? investors bet on equities as 38 stocks gain

Ezekwesili and ACPN: A union gone awry

p 39.

p. 29 www.facebook.com/businessdayng

@businessDayNG

@Businessdayng

Vol 1, No. 249 N300

Ex-generals in final push to unseat Buhari Innocent Odoh, Abuja

I

n what appears a public outcry over some steps being taken by government as the country nears the 2019 general election, some retired generals of the Nigerian army and their civilian collaborators

are said to be planning a political ‘blitzkrieg’ in their final push to unseat President Muhammadu Buhari during the Presidential election. The political bloc of the retired generals, a source told BDSUNDAY, gave this indication through the recent outburst of former President Olusegun Obasanjo,

who again sent a damning message last Sunday to President Buhari in which he derided the president for his incompetence, plots to rig elections and a massive attempt to cause electoral violence to perpetrate himself in power. Obasanjo had alleged that the president and his party are

recruiting collation officers who are already awarding election results, stressing that “it is the sole reason he has blatantly refused to sign the revised electoral bill into law. His henchmen are working round the clock in cahoots with security and election officials to perfect their plan

P.2

Will economy be boosted if Nigeria adopts privatisation of major sectors that immensely contribute to GDP?

p. 13

L-R: Yemi Osinbajo, vice president; President Muhammadu Buhari; Abiola Ajimobi, Oyo State governor; Akinwumi Ambode, Lagos State governor and Kayode Fayemi, Ekiti State governor, during the All Progressives Congress (APC) Presidential re-election campaign at Mapo Hall, Ibadan yesterday.

p. 21

Will APC expel Okorocha? p. 30

How Nigeria’s academic system pushes students out of labour force employers peg job entry age at 24 Micheal Ani

N264m Diezani bribe: Court convicts INEC staff p. 44

E

meka Odili was 17 years of age when he finished his secondary education and obtained his Senior Secondary Certificate (SSCE). But he stayed extra five years at

unending strikes elongate courses beyond normal

home struggling to gain admission into a tertiary institution. It was in no way his fault, but due entirely to the chaotic and competitive educational system where many Nigerians jostle for the limited space into its federal and state universities. In 2011, Emeka at age 22,

finally entered the University of Benin to study Economics and Statistics, which originally ought to have been a 4-year course. However, with the two strikes by the university teachers during his stay, one three months, and the other six months, Emeka finally graduated and completed the

compulsory one-year national service at age 28. On getting into the labour market, Emeka became frustrated despite coming out with the sought-after second-class upper (2.1) degree, as many of

p. 3


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