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FG whistle-blower policy yields $151m, N8b recovery -Mohammed
Bonny Amadi
ÏÏÏ The
Minister of Information and Culture, Alhaji Lai Mohammed, has revealed that the Federal Government’s newly introduced whistle-blower policy has led to the recovery of US$151 million and N8bn stolen funds. In a statement issued in La-
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31.50 5.00%
PRESC0
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Continued on page 12
MONDAY, FEBRUARY 13, 2017 VOL. 3. NO. 298
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GAINERS AS AT February 10, 2017 BETAGLAS
gos on Sunday made available to Daily Times Nigeria, the Minister said the looted funds, which do not include the $9.2 million in cash allegedly owned by a former Group Managing Director of the NNPC, were recovered from three sources
46.30
N150
LOSERS AS AT February 10, 2017 4.94%
FO
60.75
56.82
-6.47%
UACN
15.00
14.50
-3.33%
Operators lament high mortality rate of airlines Ï d ƕ ƾƣ ƈƏƋƈ Ɔ ƗƈƆƗ ƈ ƾǀ ƕƆ Ə ƈ Mƈ ƆƏƈ Ï Ƌ ƌƆ ƗƆƒƆƋ ƍƌƆ Ɛ ƈ ƍƆƏ Ɛƈ Ƌ ƅ Ɛ Ï dƆƆƊ Ɛ Ɣ ƏƆƋƈƆƇè Əƌ ƈ ƆƗ ƅ Ə Ɔ ÏÏÏ L RM ƆƆƊ MơƠƄ Ɛ ƏƆƒƈƒƆ ƏƈƊ
Chukwuemeke Iwelunmo
ÏÏÏ Airline
Operators of Nigeria (AON), an umbrella body of airline operators in the country, has raised the alarm over the ordeal and consequent collapse of airlines in the country, stressing that the death of airlines are due to multiple
charges by the authorities. AON stated that they have been complaining about the same issue over the years that have culminated in the death of over 27 airlines in the past 25 years. In this time of economic recession, AON lamented Continued on page 6
Days after withdrawal, FG ‘sacks’ Justice Ngwuta’s lead prosecutor 6
Ikeja Shoprite land tussle: Two families lay claims 5 Rivers to set up Christian courts 12
jƏ ƗƈƐƈ Ƌ ƏƑƋƆƏ Ƈ 9 Ƅ Əƈ ƌè ƌƄƏ Ɛ ƐƆè 9 ƓƆ MƊƆƋƈ EƆƋƋƕ æƾ Ɨ ƋƆƇƐçì ƌƄƏ dƐ ƐƆ 1 ƒƆƏ Əè ƈƆƇ zƈƋƋƈƆ RƄƈ æƾ Ɨ Əƈ Ɛçì ƌƌƈ ƈ ƆƏ Ƈ Ə ƏƈƅƑƋƐƑƏƆè LƏê Ƈ ƌ LƄ ƆƇ ì ƈƏƌ è Gƕ ƗƆ ƃ& ƐƆƏ ^Ƌ ƈ 9 ƐƆ Ə ƐƆƗ 0 Əƌ è LƏê ƋƆƌ MƓ Ƅ ì #ƈƏƆƅƐ Əè Gƕ ƗƆ ƃ& ƐƆƏ ^Ƌ ƈ 9 ƐƆ Ə ƐƆƗ 0 Əƌ è LƏê # ƖƈƆ LƄ ƆƇ è ƗƑƏƈ Ɛ Ɔ ƅ ƌƌƈ ƈ ƈ Ƈ ƇƈƏ Ɛ ƍ Ɔ Ƈ Ɛ Ɔ & ƐƆƏ ^Ƌ ƈ 9 ƐƆƏ Ə ƐƆƗ 0 Əƌ ƈ 9 Ƅ Əƈ ƌè ƌƄƏ dƐ ƐƆêêê Ɛ Ɛ Ɔ ƓƆƆƊƆ Ɨ
Malabu $1.1bn scandal: Italian prosecutors insist on trial of Obioha, Ettete, others 18
3000MW electricity lost to vandalism
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