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THE

DAILY

TIMES

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

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Why Nigeria failed to achieve high economic growth - Moghalu

Ï ERGP rests on restoring growth, building a competitive economy -FG Motolani Oseni, Lagos

ÏÏÏ Due to Nigeria’s slow economic growth rate, President, Institute for Governance and Economic Transformation (IGET), Prof Kingsley Moghalu,

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said the Africa’s largest economy has failed to achieve high quality growth because it is managed by ad hoc, reactive basis. The IGET boss, who was a former Deputy Governor, Central Bank of Nigeria (CBN), made this Continued on page 6

TUESDAY, MARCH 27, 2018 VOL. 3. NO. 612

N150

GLOBAL FINANCIAL/COMMODITY MARKETS

CURRENCIES/CBN: CBN: N305.55 PER DOLLAR, Parallel Market: USD N365 POUND N475 EURO N424 NSE: ASI 37, 425.15 MARKET CAP 12.90 FMDQ O/N 22.50 OBB 22.00 COMMODITIES: Wheat US $455.00/MT Rice US $12.40/MT Cocoa US $2,004.00/Bag Coffee US $139.60/Scoop Cotton US $70.95/Unit Sugar US $14.15/Ounce METALS: Gold US $1263.10/Ounce Silver US $16.21/Ounce Copper US $2.87/Ounce ENERGY: Brent US $52.21/PB, N/Gas US $2.78/CB

Polls sequence tussle: Buhari, NASS know fate April 25 Ï 8 SANs in 5-hour fierce legal arguments to persuade judge Ï AGF, Olanipekun want court to stop NASS from overriding President Ï Daudu, others urge court to dismiss suit for being academic

Andrew Orolua, Abuja

ÏÏÏ

Eight Senior Advocates of Nigeria (SANs)

including the Attorney General of the Federation (AGF) and Minister of Justice, Mr. Abubakar Malami, Continued on page 5

President Muhammadu Buhari (middle); Dr Mrs Naomi Barbara King (fourth right); Senior Special Assistant to the President on Foreign Affairs and Diaspora, Hon Abike Dabiri- Erewa and other family members of AfricanAmerican human rights activist, the late Martin Luther King (Jnr), during the conferment of the First Black History Month National Black Excellence and Exceptional African Leadership Award 2018 on Buhari at the Council Chambers in Abuja ... on Monday

Buhari ratifies agreements with Singapore, Switzerland on taxation, assets recovery 7

President, Osinbajo, Saraki, others attend APC caucus meeting in Abuja 7

PDP apologises to Nigerians for past mistakes 7

Lassa fever outbreak: WHO releases $900,000 for emergencies, quick response 5


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