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THE

DAILY

TIMES

NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts

NSE QUICK BITE

dailytimesng

Senate gives Presidency 2-week ultimatum over budget details of agencies

Ï Stops further spending by affected agencies Chris Emetoh, Abuja

ÏÏÏ The

Senate has given the Presidency two weeks ultimatum to as a matter of urgency submit budget details of erring Federal Government agencies to the National Assembly for appropria-

tions in accordance with the provision of Section 21 of the Fiscal Responsibility Act. It also ordered all the 38 agencies concerned to stop further capital expenditures in the current fiscal year until their budget Continued on page 6

THURSDAY, MAY 18, 2017 VOL. 3. NO. 367

www.facebook.com/dailytimesngr

GAINERS AS AT May 17, 2017

LOSERS AS AT May 17, 2017

Controversy mounts over signing of 2017 Budget PZ

16.48

18.06 9.59%

GUARANTY

29.55

N150

30.00

1.52%

UNILEVER

37.45

30.01

-3.85%

STANBIC

Ï NASS yet to transmit document to Presidency Ï FEC members were only informed Wednesday morning that the budget had been passed –Lai Mohammed Ï ’The decision of who will sign the budget will be taken when it is transmitted to the presidency’ Ï ‘I never said FG does not know who will sign the 2017 budget’

27.00

26.00

-3.70%

Tony Amokeodo Abuja

ÏÏÏ

Controversy is now trailing the signing of the 2017 Budget into law as there are conflicting signals over when the National Assembly will transmit the document to the Presidency and who will eventually sign the document. The Daily Times recalls that the budget was passed with fanfare by the lawmakers last Thursday while the leadership of the Senate commended the Continued on page 6

Wike to Army High Command: Stop allocating soldiers to politicians 6 Alleged N19bn fraud: Ex-AGF faults Dasuki detention without 12 trial

We never asked PDP members to defect to other parties 7 -Makarfi

Members of Black African Re-Orientation Development Organisation protesting in Abuja over alleged maltreatment, persecution and secret execution of Nigerians in Chinese prisons… on Wednesday.

EFCC arraigns 2 whistleblowers over false information Tony Amokeodo, Abuja

ÏÏÏ

Nigerians seem to have heeded the national call to rid the country of financial crimes and blew the whistle. But their adventure has now turned sour as the Economic and Financial Crimes Commission (EFCC) has arraigned the two whistleblowers for giving false information to

the commission. The EFCC on Tuesday arraigned Buhari Fannami and Ba-Kura Abdullahi before Justice MT Salihu of the Federal High Court in Maiduguri, the Borno State capital, on two separate counts of giving false information, on Tuesday. Fannami was said to have misled the agency with information about illegally acquired monies

allegedly buried in the premises of one Ba’a Lawan. But the EFCC disclosed that “the information turned out to be false after the execution of a search warrant.” The charge against Fannami reads: “That you, Buhari Fannami on or about the 8th day of May, 2017 at Maiduguri, Borno State, within the jurisdiction of Continued on page 12

Edo, NDDC to partner on BeninAbraka Road 29


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