THE
DAILY
TIMES
NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts
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$17bn undeclared stolen crude: Reps summon AGF, CBN gov, others
Emmanuel Iriogbe, Abuja
ÏÏÏ The
House of Representatives ad-hoc Committee investigating the $17 billion undeclared stolen crude oil and Liquefied Natural Gas, on Monday, issued a 24 hour ultimatum to the Accountant General of the Federation (AGF), Attorney General of the
Federation and Minister of Justice, Governor of Central Bank of Nigeria, Minister of State for Petroleum Resources, Group Managing Director of Nigerian National Petroleum Corporation (NNPC), and Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) to appear before it. Continued on page 7
TUESDAY, APRIL 11, 2017 VOL. 3. NO. 339
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GAINERS AS AT April 10, 2017 FBNH
3.11
3.13
0.64%
NAHCO
2.45
2.49
N150
LOSERS AS AT April 10, 2017 1.63%
OANDO
5.90
5.62
-4.75%
ETI
8.45
8.21
-2.84%
Nigeria’s democracy in danger -PDP Lateef Ibrahim, Abuja
ÏÏÏ The National Caretaker Commit-
Ï z Ə ^ éƋƆƗ ƒƆƏ ƌƆ Ɛ Ɛ Ɛ ƍ ƏƑƋƈ Ƅƕ Əƌ Ï 0Ə Ɠ Ɛ ƈ Ɨƈ ƅƏƈƌƈ ƐƆ ƏƏƆ Ɛ ƍ ƏƐƕ ƌƆƌƄƆƏ è Ɛ ƆƏ Ï ƗƆƌ ƋƋƆ ƆƗ 01 ƍƋ Ɛ Ɛ ƍ ƌ ƄƈƋƆ ƐƆƋƆƍ Ɔ Ƌƈ Ɔ è Ɛ ƆƏ ƗƆƒƈƅƆ Ɠ ƕ Ƈ Ə ƈ è ƈ ƐƈƌƈƗ Ɛƈ Mƈ ƆƏƈ Ï d ƕ ó ƐƏƑƅƐƈƒƆ ƅƏƈƐƈƅƈ ƌ ƏƆ Ɛ Ɔ ƍƏƈƌ Əƕ ƏƆ ƍ ƈƄƈƋƈƐƕ Ƈ ƍƍ ƈƐƈ ƈ ƗƆƌ ƅƏ ƅƕô
tee (NCC) of the Peoples Democratic Party (PDP), led by Senator Ahmed Makarfi on Monday raised the alarm that Nigeria’s democracy is in serious danger, stressing that the ruling All Progressives Congress (APC) must be held responsible for any breakdown of law and order in the country. The NCC of the PDP has similarly Continued on page 6
Arms scam: Court 12 to decide former Air chief’s fate May 30
$793, 800 bribery case: Ajumogobia challenges court’s 6 jurisdiction Court strikes out Obasanjo’s wife suit to stop son’s 6 wedding Gé`ë ƈƆƇ &ƔƆƅƑƐƈƒƆ RƇƇƈƅƆƏè Mƈ ƆƏƈ dƐ ƅƊ &Ɣƅ Ɔè R ƅ Ə Mê R ƕƆƌ ì yƈƅƆ ^ƏƆ ƈƗƆ Ɛè Mƈ ƆƏƈ dƐ ƅƊ &Ɣƅ Ɔè ƄƑƄ Ɗ Ə L ƌ ƑƗè d Mì &ƔƆƅƑƐƈƒƆ #ƈƏƆƅƐ Əè # ƐƆ 9 ƗƑ ƐƏƈƆ GƈƌƈƐƆƗè 6 Ƌƈƌ # ƐƆì Əƍ Ə ƐƆ dƐƏ ƐƆ ƕ dƍƆƅƈ Ƌƈ Ɛè # ƐƆ 9 ƗƑ ƐƏƈƆ GƈƌƈƐƆƗè L Əƈƕ # ƐƆì ^ƏƆ ƈƗƆ Ɛƃ &è Ɨ ƅƆƋƆƄƏ Ɛè # ƐƆ 9 ƗƑ ƐƏƈƆ GƈƌƈƐƆƗè ƋƈƊ # ƐƆì &ƔƆƅƑƐƈƒƆ #ƈƏƆƅƐ Əè M d RM ƋƋƈƆƗ 9 ƗƑ ƐƏƈƆ ^Ƌƅè 0 Ɛƈƌ # ƐƆ Ɨ ^ƏƆ ƈƗƆ Ɛè Mƈ ƆƏƈ dƐ ƅƊ &Ɣƅ Ɔè ƈ Ƅ ƉƆ ƈ é9ƌ ƑƊ ƑƆƗƆè ƗƑƏƈ ƅƋ ƈ Ƈ Ɛ ƅƆƋƆƄƏ ƐƆ ÕƠƐ ƄƈƏƐ Ɨ ƕ Ƈ ƋƈƊ # ƐƆè Ƅƕ Ɛ Ɔ Mƈ ƆƏƈ dƐ ƅƊ &Ɣƅ Ɔ ƈ G Č L Ɨ ƕê
No plan to increase petrol pump price, says PPPRA ÏÏÏ The Acting Executive Secre-
tary of the Petroleum Products Pricing Regulatory Agency, Mr. Victor Shidok, on Monday in Abuja, said there was no plan to increase the price of petrol. Shidok said this at a joint news briefing with the Executive Secretary of the Petroleum Equalisation Fund, Alhaji Ahmed Bobboi. Represented by the agency’s General Manager Operations,
Mr. Supo Agbaje, Shidok insisted that the increase of N1 in bridging costs from N6.20 to N7.20 for petroleum marketers would have no effect on the price of petrol. Also known as Premium Motor Spirit, there had been panic buying since the National Union of Petroleum and Natural Gas Workers threatened strike, which has since been called off. “As the Agency of government
responsible for petroleum products price adjustment, we wish to categorically state that the price cap for PMS remains N145 per litre. “The additional N1 per litre transporters’ bridging rate shall not in any way translate to an upward review of PMS pump price. This information has been communicated to all stakeholders acContinued on page 12
7 Ondo Court sentences abductors of Falae to life jail