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Henry Omunu, Abuja
ÏÏÏ Speaker
of the House of Representatives, Yakubu Dogara, on Tuesday, accused governors of the 36 states of abusing the joint account and using allocations to local government
31.50
NSE QUICK BITE 33.07
4.98%
councils from the federation account as slush funds. He therefore reiterated the resolve of the National Assembly to grant financial autonomy to the 774 councils in the country. Dogara, in a statement by Continued on page 6
N150
THURSDAY, DECEMBER 1, 2016 VOL. 2. NO. 246
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GAINERS AS AT November 30, 2016 CADBURY
Govs using LG allocations as slush funds, Dogara laments
INTBREW
LOSERS AS AT November 30, 2016
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18.42
-3.00%
DANGCEM
Data rate hike: Senate stops NCC Ï Says hike unholy, unfriendly Ï Invites Communications Minister, NCC, network providers for talks Ï Gives Auditor-General, AG 7 days to reconcile 2011 Federation Account Ï Queries non-rendition of mandatory annual reports by FAAC to NASS
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-2.53%
Olufemi Samuel and Chris Emetoh, Abuja
ÏÏÏ The Senate on Wednes-
day pandered to the outcry by Nigerians against the plan by the Nigerian Communications Commission (NCC) to increase the tariff for data by the GSM providers, just as it ordered the Commission to put the plan on hold. It also summoned the Minister of Communications, Mr. Adebayo Shittu, Nigerian Communications Commission (NCC) and network providers to appear before its Committee Continued on page 6
PDP senators stage walk out over defection
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El-Rufai, a parasite to Buhari’s govt –Sani
Sokoto state Governor Aminu Waziri Tambuwal (middle) and UNICEF, DFID officials after a meeting on promotion of girl-child education in the state… on Tuesday.
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A’Court orders 5 retrial of ex-Lagos Speaker, others
Crisis brews in Osun over Melaye’s comment on N84bn bail out Call for Entries
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