$2.1b arms fund probe a hoax – Dokpesi Lateef Ibrahim, Abuja
ÎÎÎChieftain of
the Peoples Democratic Party (PDP) and founder of DAAR Communications PLC, Dr.
Raymond Dokpesi has dismissed the probe of $2.1 billion funds meant for arms purchase under the last administration as nothing but a witch-hunt of leaders and members of his party
by the ruling All Progressives Congress (APC). Dokpesi, who made the declaration in Abuja on Wednesday while speaking at an investiture ceremony where
he was conferred with the honour of “Freedom Fighter of PDP” by the PDP Youth Vanguards, expressed Continued on page 6
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THURSDAY, JANUARY 7, 2016 VOL. 2. NO. 18
GAINERS
LOSERS
NSE GAINERS AND LOSERS AS AT 6th January 2016.
WAPCO
96.01
105
8.99%
BERGER
10
10.5
0.5%
DANGCEM
170
7UP
182
188.89
6.89%
NAHCO
3.6
3.78
0.18%
NB
122.74 116
N150
153.43 -16.57% -6.74%
PZ
24.42
23.71
-0.71%
UNHOMES
4.97
4.5
-0.47%
IMF boss warns FG against foreign loans “Nigeria’s debt is relatively low at about 12 percent of GDP, but it weighs heavily on the public purse. Already, about 35 kobo of every naira collected by the Federal Government is used to service outstanding public debt”
Ï nƏ Ɔ ó ƏƗ ƗƆƅƈ ƈ ôè ƄƏ ƗƆ ƈ Ƈ Ɛ Ɣ Ƅ Ɔè y j Ə ƐƆ ƈ ƅƏƆ Ɔ Ï ó0ƑƆƋ ƑƄ ƈƗƈƆ Əƌ Ɛ Ɔ ƍƋ ƆƐè ƄƆ ƆƇƈƐ Ɛ Ɔ Əƈƅ ƌ ƏƆô Olufemi Samuel, Abuja
ÎÎÎVisiting Managing Director of
the International Monetary Fund (IMF), Christine Lagarde, has warned the Federal government
against taking foreign loans to run the economy now, just as she told Nigerians not to expect an immedi-
ate improvement of the economy amid consistent fall in the price of crude oil at the International mar-
ket. Continued on page 6
Tribunal B2 adjourns 44 insurance companies case against FIRS ‘Buhari not a tyrant, only driven by 8 passion to redeem Nigeria’ Global outcry over North 13 Korea’s Hydrogen bomb test
GOC, 1 Division, Nigeria Army, Maj.-Gen. Adeniyi Oyebade inspecting some weapons seized from members of Islamic Movement of Nigeria in Kaduna… on Wednesday
Ï 01 ƏƗƆƏ ƑƗƈƐ Ƈ ƏƆƒƆ ƑƆ Ɔ ƆƏ Ɛƈ Ɔ ƅƈƆ
12
Linda Ejiofor:
L1
From Tinsel to stardom