Again, Obasanjo tackles NASS, slams governors Remi Oladoye
ÎÎÎThe fireworks between
former President Olusegun Obasanjo and federal legislators continued on
Monday with the former president asking the National Assembly to open its budget to public scrutiny in a way to ensure accountability, transparency and
good government in this era of change. Obasanjo, who chaired the inauguration conference organised by the Ibadan School of Govern-
ment and Public Policy (ISGPP) in Ibadan, the Oyo State capital, declared that those who have asked Nigerians to live frugally must not live in luxury.
The former President also accused state governors of behaving like sole administrators, and rendering pubContinued on page 12
dailytimesng
https://plus.google.com/+DailytimesNgr/posts
www.facebook.com/dailytimesngr
https://twitter.com/DailyTimesNGR
TUESDAY, FEBRUARY 2, 2016 VOL. 2. NO. 36
GAINERS
N150
LOSERS
NSE GAINERS AND LOSERS AS AT 1st February 2016.
NESTLE
708.85
739.99
31.14%
CADBURY
17.54
19
1.46%
DANGCEM
129.4
128.91 -0.49%
CAVERTON
1.95
1.86
-0.09%
SEPLAT
185
194.25
9.25%
GUINNESS
110
115.5
5.5%
UPL
6
5.7
FBNH
4
3.93
-0.07%
-0.3%
FG opens talks for $3.5b loans to finance deficit Ï Approaches World Bank, AfDB Ï Foreign borrowing will be tied to capital projects –Finance Minister Opeoluwani Akintayo
ÎÎÎThe
Federal Government has opened talks with the World Bank and
African Development Bank for $3.5 billion in loans to partly finance the deficit in the 2016 budget which is currently being
considered by the National Assembly. The Minister of Finance, Mrs. Kemi Adeosun, who confirmed this
on Monday in a statement, however said Nigeria was not seeking ‘emergency loans’, as reported by some foreign media or-
ganisations. Mrs. Adeosun, in the statement issued in Abuja by her Special Adviser on Media Matters, Mr. Fes-
tus Akanbi, also revealed government’s strategy for using the foreign loans to fund the 2016 budget. Continued on page 6
Terror war: Jonathan g 12 govt bought substandard weapons –FG
I’m g 13 Ojukwu’s only legal wife, Bianca tells court
$2.1b Armsgate: No link with indicted g 8 companies –Obanikoro’s son
Ruth Kadiri President Muhammadu Buhari (right) in handshake with the Deputy Governor of Lagos State, Dr. Idiat Oluranti Adebule on arrival at the Presidential wing of the Murtala Muhammed International Airport on his way to Ogun State… on Monday. With them are Minister of Information and Culture, Alhaji Lai Mohammed (left), Ogun State Governor, Sen. Ibikunle Amosun (3rd left), Chief Bisi Akande (4th right) and National Leader, All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu (2nd right).
Ï Buhari’s comment on judiciary, an affront on its independence, says PDP g 6
The challenges I faced, helped me become the person I am today g L1