2 INEWS BUSINESSOAY: www.buslnessdayonline.com
Tuesday 23 October 20 12
CBN recovers N620bn intervention f und to troubled ban ks
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-Apex bank, stakeholders reject amendment bill on CBN Act hearlns. the Ce:ntnl aank 01 ~ (CBN) and aome
k IO~ maxtmaDy.
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) 1ec:aDed ba WIOIbhopto
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cured by 81--Counney AvLa· don ServIces I..knikd (BASL). openbSattheMMA2. whkh
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om<ndmen<-"' .......
the reputation or the CBN ... Imder all.- IftOI1 and
41 wI.h 10 reherate our
neutraUty and emphIIIbe our commitment In dbchuJinI our axudcudonal rapowfbUltiet 01 law ~ OYer-
Irns-a~mthemn
fIdence 01 NtpNn b.nb in Int<nwIonaI 0ftnL
Acr.ordlns 10 him. Wins ...,.the rNnc.W...uonomy
.... 'OO,lptEkliIWioa.wi'thhe aid. The ocher tllllldoulda. III the hearing we.-e the NLC. ZenIth 8anJt Me. Eko Bank PIc. M&e-rtl Depot;ft Insur· ance CorpoTlltJon (NDIC) and Chartered InstJrute or ........ oI_(OBN~ OI.C lear or f.wur."
oIlhe bank would Urnlt lu abOJty to fulfill Ita 1ender--oI... JaOrt fi.anab::a 01 provId_ q; ro.n. to dbueat.d bulb. He nJd that the bill Ir pused 1n10 "W woWd abo IimJc the .a,wry 01 the banlr. to .:hIew: III ~01 eI1SUr-
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Imo), the chairman or the commlnee, said thai they would be IooIdns III • ~ dedicated and deliberate ~.IOry ItrUcture for the
""""""'" bonb. According to him. the a.nmfttee would be 0DnIid-
1he..-mor aid ... the
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menl on MondlY commluloned the newly refurbished General A..-lltlon Tennlnal (GAllIC aid thetmnlr1llll-. remodeled b N648 m.IIlion. It c:ornmbsIoned the ter· m&n.I detpfte I murt Infunc.. don .......................
(FMN) ..-.d MY 0I1b II8I=Ob
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mentandenhancethdr~-
Aghl acdvIty lhrough quae-
SAOE WllUAMS
~NIgerians and membenoilheNadonlllAliernbly onthcopendonsoithetJ.llk.
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SanulI repre.enled by 1\lnde ~ CBN', deputy
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Sanwt. ..., • b--
mH loYft'nor or the CBN, saki that the ~ oIlhe b.nIt IhouId be aUowed 10 modnue 10 be the m.Innan ol ... bonL
10 ammd the ClSN Act. 2007. Sanu.1 said In hi, lub· minion lbat the financial autonomy b the bank was srnnane to Its opendons. -An eftkImt CBN .. one that I, llUJy Independent,"
FG commissions new N648m remodeled GAT
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&om " " " " " - ' "'" The InJunction w., se·
cWmedthaitheGAT_~
0I1he pIKe hi was ~ IIoned 10 It roc ~I
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Anytm. seaewy 10 the fINemmcnt of the fedCrlltJOR (SGF) who commlSlloned
continue 10 foHow lnlemll·
Motorcycle operators go on rampage in lagos, damage BRT, lAGBUS buses JOSHUA 8ASSEY
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pC:rlltors of comme«:ial motorcyds"'known. 'okada' on Monday
_""""""-ol. . -_ M:nl on rwnpIII! ~
,everlll BRT and LAGBUS buses on IIrorodu and ltDtun n.ds In ~ . . . .
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The law. whk:h came Info Ibm! on Aa.tp.1113, 101 Z. t.n 'obda!' operadonI on about: 475 roads within the LIFt
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The Stale Tut Fon:e on Environmental and SpedaI Offences recently crushed no fl!W!!f than 3.000 Idzed 'oudu' while more hive Iinoe been Impounded In Ihe detmninadon 10 Ixtns..ruty into the SUIte pubUc trIInIpOr. faOlooo_ The proteM: by 'obda' 0perators yettent.y _ mort! vhtieat DniJ-oo. on Dcomdu
FG plans to boost pig production in Abia N' 01,.
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hi.. on Mond.Iy that the mcoYe _ . , enhance ~ po-
,,.. .,.4 .+-t~~. - -- , .. .. need It) anu",..e me quan· twn 0( animal protdn In the Itate, I1OlIJ1Ithat AbU. had ~noc really done wdIln ~I uod ...... prod""",": He saki lhat the FederwJ GoYemmcnr.t.d onieft!d the enumcmion 01 JJII fanners ICfOU the 1710caJ ~ . meot Ift!a of the -..e.
"'CXInIUmpIIoninlhe--.
--rhe m;ponse ... been
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" , .!a emoarit on lue promodon 01 F'l' value chain In AIM by 2013, the fedeul director of agrlcuhure In the Itlte. Simeon omt. ba aki. omt IoId the News Asm·
cy~(NAN)InUmu.
....- ' " _ .."" It ......r hope thai ttUs type 01 nlUIIVe nun-
out
fannft1 wUllUSUln
the~:
he.aJd. Odrt.uJm. the ~ GoYernmen:wanted to !eYer. age on the potent1al of the IWe In pis prodocdon and rnatkedrt; 10 IncRaIe anlmaI protein In the IWe. ~ pia marIr.et In Abi.J baa been muUYe and lu ·
- . - . oobouo 8RT and LAGBUS buses dllrlna:
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But for lbe quk:k InterYCRdon of • telm of policemen from the Rlpld ........ Squad (RRS) depkJyed 10 !he ~ to quell the ~ the Utultkm woukI ~ clepneraled to a free..1iot-.n.
.... 0jdaI0I.-IOn
ror Up MeuopoIJtan
-"-'_(1.01.MAlA). CXInftnned IhlllIOmC oIt:heIrbuleaWfte~by
... ........ 'obda. .....ton~1hc~
fI __ plheftd m.the pokeonll'l'MllrftIII!d lOI'DCaI
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In IbJtun and f.PFo,. . . . dI' rIdcn lOOk OW'I" the rUMb, IncURS to 8rldlod: In the _ wfille theyQJrled lewes chandnl and-8O''ernment lOOp. Scores ~
at commuters
smnded
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the
Police confirm planting of bomb at Gombe university
T
he police In Gombe SLateonMoodayoonfirmed that an Im empIoymentbthe~: proved eJlplo,lve device hesaJd. (lED) wa. planted at the AaordiD8 to him. AbiI iI -_. " ""wnity on Sunday, oneofthCltMest~lp!U" ...... , _. "r" exploJc the large,t market f, ,.IS' .. . ' "e JIOhce public meet. ·1..fiU'l .. ""fM;ft, FWltIc Ala· -nun iI why the Federat lin. laid In Gombc that poCiawanmenl warned to add licemen diKowred a puuI value to what is a1re.dy on bel~ to be lED. pound In ordet- eD booII the ~ mowat II to I canal paaentW 01 ............• outsJde the UJltv\on.Ity and D"ItM! II thk has pnMded
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Ro.1 and lkotm . . . trwe ridftI went: on run-
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It WI' detonate·t. It wa, planted at tht. aIlJI;"rl um ; It was detOi .. ' nfcly. no Injuries to p ~ or I)mphesaf Aaajiri lIkIaithough thfte was no Ilf'$In the unh.ftshy. the poIk:e were RUdyt", the lkuatlon to Mable them
crty:
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It would be recalled thlt the university', Sen · ate bulldin8 wa. bombed In April