THE
DAILY
TIMES
NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts
dailytimesng
85.00
87.50
2.94%
JBERGER
Our mission is to get one million caring Nigerians to donate N1,000 towards Nigeria’s humanitarian response plan for 2017. This fund will help reduce mortality, malnutrition and disease. Together, we can improve the quality of life for internally displaced people in Nigeria. WEDNESDAY, DECEMBER 21, 2016 VOL. 2. NO. 260
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GAINERS AS AT December 20, 2016 GUINNESS
ONE MILLION NIGERIANS FOR IDPs
36.75
NSE QUICK BITE 38.58
4.98%
UNILEVER
37.60
N150
LOSERS AS AT December 20, 2016 36.00
-4.26%
GUARANTY
25.28
24.80
-1.90%
Recession will end in 2017 –Adeosun Ï Says 2017 budget has palliatives designed to pull Nigeria out of the woods Ï Urges Nigerians not to lose hope amid hardship Ï FG earmarks billions of naira for youths keen on agriculture, says Ogbeh Ï Recovery imminent with better labour relations, infrastructural devt –Fashola Mathew Dadiya Abuja
ÏÏÏ Minister
of Finance, Mrs. Kemi Adeosun, has assured Nigerians that the recession plaguing the country would end in 2017 and the country would bounce back stronger. The Minister made the declaration while speaking to a group of youths at a town hall meeting in Abuja on Tuesday. It would be recalled that Mrs. Adeosun had few months ago promised that the country would be out of financial woods by December 2016. Also, the minister had earlier in September said that Nigeria was already on its way out of economic recession. Adeosun during the town hall meeting in Abuja on Tuesday however cautioned Nige-
rians to be prudent with their money, advising that people should only spend on the right things. While noting that several economic palliatives have been provided in the 2017 budget designed to pull Nigeria out through improved partnerships, Adeosun further advised Nigerians not to lose hope amidst the hardships. She stressed that the budget would bring recovery and growth to the nation. The Minister of Budget and National Planning, Senator Udoma Udo Udoma, had few days ago presented a whopping budget of N7.298 trillion to the public which he also said was specially designed to kick-start recovery and ameliorate general economic malaise confronting Nigerians. Continued on page 6
Lassa fever kills 2 in Ogun, infects 2 others 12
Magu: Senate disowns Ndume 5
Buhari signs 9 bills into law
Pensioners shut down Owerri over unpaid arrears 12
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ALL HAIL THE NEW QUEEN!
Miss Nigeria 2016, Chioma Precious Obiadi, . See stories and photos on L1,2,4,5,6. PHOTO: BOLAJI OLASUNKANMI.
FG’s plan to borrow $30bn signifies doom for Nigeria –Fayose
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