Dtn 9 2 16

Page 1

FG’s exchange rate policy doomed to fail –Sanusi Ï Nigeria needs ‘sensible’ forex policy, says IMF boss

Segun Adio

ÎÎÎThe Emir of Kano and

(CBN), Muhammad Sanusi II, has warned that President Muhammadu Buhari

the immediate past governor of the Central Bank

risks exacerbating Nigeria’s economic woes and undermining his govern-

policies that are doomed to fail. Speaking in an interview with the Financial Times in his palace in Continued on page 14

ment’s achievements on security and corruption by endorsing exchange rate

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TUESDAY, FEBRUARY 9, 2016 VOL. 2. NO. 40

GAINERS

N150

LOSERS

NSE GAINERS AND LOSERS AS AT 8 February 2016.

DANGCEM

124.3

134

9.7%

SEPLAT

243

254

2%

GUINNESS

122.34 119.5

-2.84%

CONOIL

22.34

20.25

-2.09%

NESTLE

703

705.02

2.02%

UNILEVER

30.34

31.84

1.5%

MOBIL

147.63 145.01

-2.62%

OKOMUOIL

29

27.99

-1.01%

Wike: How Supreme g 8 Court averted bloodbath in Rivers by canceling re-run

Ramsey L1 Nouah g Exploring the military in ‘76’ movie

NLC,TUC give DisCos,NERC two weeks to revert to old tarrifg6

CBN policy on forex to revive domesticg12 industries –Emefiele

Minister shocks Senate, disowns Health budget Ï Says ‘This was not what we submitted, we’ll submit another one’ Ï ‘Nigerians have developed strong resistance to Zika virus’ Ï Senate walks out SGF, FRSC representatives at Budget defence Olufemi Samuel, Abuja

ÎÎÎMembers

of the Senate Health Committee got a shocker on Monday when

the Minster of Health, Professor Isaac Adewole, during a Budget defence announced the rejection

of the Ministry’s budget, claiming that some individuals had smuggled strange figures into it.

The development came just as the Senate on Monday expressed anger over failure of the Secretary

to the Government of the Federation (SGF) Babachir Continued on page 6

L-R: President, Trade Union Congress (TUC), Com. Bobboi Kaigama; President, Nigeria Labour Congress (NLC), Com. Ayuba Wabba; Senate President, Dr. Abubakar Bukola Saraki and Senate Leader, Sen. Ali Ndume during the NLC/TUC rally against the increase in electricity tariff at the National Assembly Complex Abuja… on Monday.

ÏCCT: Saraki won’t resign, trial political –Senate

g 12


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