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Page 1

THE

DAILY

TIMES

NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts

dailytimesng

Eid-el-Fitr: FG will do all it can to sustain Nigeria’s unity -Osinbajo Mathew Dadiya Abuja

ÏÏÏ Acting President Yemi Osin-

bajo says the Muhammadu Buhari’s administration will do all it can to sustain Nigeria’s unity and stability to ensure speedy progress of the country. Osinbajo gave the reassurance when a delegation of the Federal Capital Territory (FCT) led by the FCT Minister Muhammed Bello

paid him Sallah homage at the Aguda House, Abuja on Sunday. According to him, a peaceful Nigeria will give room for more development and enhance welfare of the people. The acting president, who received the delegation on behalf of President Muhammadu Buhari, charged all Nigerians to look beyond their ethnic or religious beliefs while dealing with each Continued on page 12

MONDAY, JUNE 26, 2017 VOL. 3. NO. 394

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N150

GLOBAL FINANCIAL/COMMODITY MARKETS

CURRENCIES/CBN: CBN: MƢƠǀêƤǀ ^&` #RGG `è Parallel Market: USD MƢÕÖ POUND MƿÕǀ EURO MƿơƠ NSE: ASI Ƣƾèơƾƾêơƿ MARKET CAP ơơêơơƐƏ 0L#_ RƃM ÖêǀƠ R Ƥêƣǀ COMMODITIES: Wheat nd ƿǀÖêÕƠƃLj Rice nd ơơêƾÕƃLj Cocoa nd ơèƤƿƢêƠƠƃ Coffee nd ơơÖêÖǀƃdƅ ƍ Cotton nd ƣƾêÕǀƃn ƈƐ Sugar nd ơƾêÖƣƃRƑ ƅƆ METALS: Gold nd ơƾǀÕêƿƠƃRƑ ƅƆ Silver nd ơÕêÕƢƃRƑ ƅƆ Copper nd ƾêÖƢƃRƑ ƅƆ ENERGY: Brent nd ƿǀêǀƿƃ^ è N/Gas nd ƾêÖƾƃ

Sultan to FG: Probe sources of weapons used by herdsmen Ï d ƕ ƏƆ Ƌ ƆƏƗ ƌƆ Ɨ ôƐ ƅ ƏƏƕ Əƌ è ƍƆƏƍƆƐƏ ƐƆ Ɔƈ Ƒ ƊƈƋƋƈ Ï nƏ Ɔ 01 Ɛ Ɛ ƊƆ ƍƍƏ ƍƏƈ ƐƆ ƅƐƈ Ɛ ƌƈ ƈƌƈ Ɔ ƆƏƗ ƌƆ ƐƐ ƅƊ Ï 1 ƒƆƏ ƌƆ Ɛ Ɗ Ɠ Ɠ Ɛ Ɛ Ɨ è ƋƆƐ Ɛ Ɔƌ ƅƐè ƕ nƊƈƓƆ Ï dƆƅƑƏƈƐƕ Ɔ ƅƈƆ ƆƆƌ ƅ ƌƍƏ ƌƈ ƆƗ -CNPP scribe

Patrick Okohue

ÏÏÏ The

Sultan of Sokoto, Alhaji Sa’ad Abubakar III, has challenged the Federal Government to probe the sources of weapons used by herdsmen accused of attacking communiContinued on page 6

INEC vows to go ahead with Melaye’s recall 6 despite lawsuit #dd Ƅ Ɛ ƍ ô6 Ə ƌ ƅ ƌƌ ƗƆƏè 8 ƾƠ Ɛ ƆƏ ƈ E

^ƏƆ ƈƗƆ ƅƕ ƏƆƋƆ Ɔ Ƒ Əƈô ƒ ƈƅƆ ƌƆ Ɔ 7

LƑ Ƌƈƌ Ƈ ƈƐ ƇƑƋ Ɛ Ɛ Ɔ EƑƄƓ LƑ Ƌƈƌ ƌƌƑ ƈƐƕ ^Ə ƕƈ 1Ə Ƒ Ɨ ƗƑƏƈ Ɛ Ɔ &ƈƗé&Ƌé0ƈƐƏ ƅƆƋƆƄƏ Ɛƈ ƈ ƄƑƉ Č dƑ Ɨ ƕ ^6RjRë j&L9jR^& GR1nMê

Mathew Dadiya, Abuja

ÏÏÏ The

Federal Government has announced that it would launch a new tax awareness and mobilisation initiative known as Voluntary Asset and Income Declaration Scheme (VAIDS). With this initiative, Nigeria’s economic diversification effort has shifted to revenue mobilisation which would limit external borrowing by raising financing locally.

Why I sacked Rivers executive council -Wike 7

FG to launch new tax initiative, VAIDS June 29 Ï j Ə ƈ Ɔ Ɛ ƋƆ Ɛ ơƄ ƇƏ ƌ ƅ ƆƌƆ The Federal Ministry of Finance at the weekend stated that the Acting President, Yemi Osinbajo would launch the scheme on June 29, 2017. The initiative would outline Federal Government’s plan to increase tax aware-

ness and compliance, and grant tax payers a time-limited opportunity to regularise their tax status without penalty. The Federal Government said that the anticipated fund to be raised is at least US$1 billion, which will re-

duce Nigeria’s borrowing needs, allow investment in vital infrastructure and spur development. The plan, which would be executed jointly by Federal and State Governments, Continued on page 12

ƗƆ Ƒ è 0ƈ ƅƆ Lƈ ƈ ƐƆƏ


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