Leadership Newspapers ,E-Paper, April 18,2018

Page 1

18.04.18

FOR GOD AND COUNTRY

WEDNESDAY

No. 3,044

WEDNESDAY

N200

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Leadership Newspapers

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IMF Warns Of Possible Crash In Oil Prices Projects 1.9% economic growth for Nigeria

BY BUKOLA IDOWU, Washington DC

The International Monetary Fund (IMF) has warned Nigeria and other oil-dependent countries of a possible crash of the prices of crude oil in the near future.

This just as it projected a 1.9 per cent economic growth for Nigeria in 2019.

The Fund also predicted that Nigeria’s economy will grow from 0.8 per cent in 2017 to 2.1 per cent

by the end 2018. The IMF made these predictions at its latest World Economic

INEC Chairman Swears In 7 New RECs ➔Pg. 7

Outlook (WEO) Report launched in Washington DC yesterday. On the possible crash in crude oil prices, the IMF advised oildependent economies, including ➔ CONTINUED ON PAGE 6

Sultan Gives Miyetti Allah 2 5 Months To Fish Out Killer Herdsmen Senate seeks review of security tactics

EFCC Traces 50 Bank Accounts To Ex-NSITF Boss, Olejeme BY EJIKE EJIKE, Abuja

L-R: Executive Secretary of Nigerian Shippers Council (NSC), Hassan Bello; assistant director, Complaints’ Unit of the NSC, Mr. Moses Fadipe and deputy managing director, Grimaldi Shipping Company, Mr. Nitin Senan, during a meeting in Lagos, yesterday. PHOTO NSC

A bank verification number (BVN) search by the Economic and Financial Crimes Commission (EFCC) has uncovered 50 different bank accounts with different names linked to former chairman of the Nigeria Social Insurance Trust Fund (NSITF), Mrs Ngozi Olejeme. Olejeme who was the deputy chairman, finance committee of the Goodluck Jonathan campaign organisation, is under investigation for allegedly receiving $2.8 million from one Arthur Eze under false pretense. In a petition written to EFCC, Arthur Eze who is the MD/CEO of Oranto Petroleum alleged that Olejeme, sometimes in 2014, sought for his assistance to give her the said amount to prosecute her governorship ambition. ➔ CONTINUED ON PAGE 5


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