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How N7trn goods are smuggled into Nigeria annually -Senate
Ï #ƆƅƋ ƏƆ ƾƤƾ ƒƆ ƆƋ ƌƈ ƈ Ɛ ƗƈƇƇƆƏƆ Ɛ Mƈ ƆƏƈ ƍ ƏƐ Olufemi Samuel & Chris Emetoh, Abuja
worth N7 trillion are being smuggled into the country.
ÏÏÏ The Senate on Monday re-
According to the Senate, the implication is that smugglers in Nigeria are in control of a huge revenue turnover, which should
vealed another level of monumental corruption within the Nigeria’s revenue generating corridors, as it hinted that goods
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Continued on page 6
TUESDAY, JULY 18, 2017 VOL. 3. NO. 410
N150
GLOBAL FINANCIAL/COMMODITY MARKETS
CURRENCIES/CBN: CBN: MƢƠǀêÖƠ ^&` #RGG `è Parallel Market: USD MƢÕƣ POUND Mƿƣƾ EURO Mƿơƣ NSE: d9 ƢƢè ƢƠơêƿƢ MARKET CAP ơơêƿƤƐƏ L#_ RƃM ÕêÖƾ R Õêơƣ COMMODITIES: Wheat nd ǀƠƤêƾƠƃLj Rice nd ơơêƤƠƃLj Cocoa nd ơèÖƠǀêƠƠƃ Coffee nd ơƢơêƣƠƃdƅ ƍ Cotton nd ÕƤêơǀƃn ƈƐ Sugar nd ơƿêơƠƃRƑ ƅƆ METALS: Gold nd ơƾƢƢêǀƠƃRƑ ƅƆ Silver nd ơÕêƠÕƃRƑ ƅƆ Copper nd ƾêƣƢƃRƑ ƅƆ ENERGY: Brent nd ƿƤêƣƾƃ^ è N/Gas nd ƢêƠƾƃ
NHIS boss risks more sanctions over rejection of suspension letter
Ï 0 Ə ƋƋƆ ƆƗ ÖÕƠƌ ƇƏ ƑƗè ƄƑ Ɔ Ƈ ƇƇƈƅƆ Ï ó Ƒ ƑƇô ƋƆƐƐƆƏ ƈ Ə ƌƈ ƅ ƗƑƅƐè ƈ ƑƄ ƏƗƈ Ɛƈ ô Ï ^ ƆƋ ƅ ƅƋƑƗƆ ƈ ƒƆ Ɛƈ Ɛƈ ƈ ƾ ƓƆƆƊ Ï 6Ɔ ƋƐ Lƈ ƈ ƐƆƏ Ƒ ƍƆ Ɨ Ƥ ƌ ƏƆ Ɔ ƈ Ə ƇƇƈƅƈ Ƌ Ƈ M69d
Mathew Dadiya, Abuja
ÏÏÏ
Fresh indications have emerged about the likely punishment of the suspended Executive Sec-
ALICE SALIM CHIDIAC (WIDOW OF LATE RAMEZ SALIM CHAGOURY)
retary of the National Health Insurance Scheme (NHIS), Prof. Usman Yusuf, in line with the extant civil service rules, followContinued on page 6