31st oct 2014

Page 1

SATURDAY

Sanctity Of Truth

NIGERIA’S MOST AUTHORITATIVE NEWSPAPER IN POLITICS AND BUSINESS

Friday, October 31, 2014

/newtelegraph

Vol. 1 No. 255

@newtelegraph1 www.newtelegraphonline.com

N150

Boko Haram consolidates hold on Mubi }6

FG withholds fourth quarter fuel allocation

lOkonjo-Iweala, PPPRA summon marketers to emergency meeting Adeola Yusuf

T

he Federal Government yesterday de-

layed the issuance of the fourth quarter fuel allocation licence, as the permits it issued for the third quarter sup-

plementary allocation, for marketers to import 600,000 metric tonnes of fuel expires today. Nigeria imports over 80

per cent of petrol required for its domestic use as the 445,000 barrels per day refineries in Port Harcourt, Warri and Kaduna are

operating below capacity. New Telegraph gathered yesterday that the delay in the approval for the fourth quarter fuel

imports permit was to sort out issues relating to subsidy on previous approvals. CONTINUED ON PAGE 6

My ordeal under Amosun, by deputy gov }3

Ogun Deputy Governor, Prince Segun Adesegun

Quick Read Editorial L-R: Group Chief Executive Officer, UBA Capital, Mrs. Oluwatoyin Sanni; Managing Director, Financial Derivatives Company Limited, Mr. Bismarck Rewane and Director General, National Pension Commission, Ms. Chinelo Anohu-Amazu, at a conference on Pension Reform Act 2014 in Lagos …yesterday. PHOTO: SULEIMAN HUSAINI

Tambuwal in danger as FG withdraws security lAPC, lawmakers kick lSpeaker opts for private security Onwuka Nzeshi, Emmanuel Onani, Philip Nyam and Johnchuks Onuanyim

F

ollowing the danger the House of Representatives Speaker, Hon. Aminu Tambuwal,

was exposed to as a result of the withdrawal of security personnel attached to him, ar-

rangements have been concluded by his office to contract a private security company to pro-

vide protection for the nation’s number four citizen. CONTINUED ON PAGE 3

Remi Oyo (1952-2014) }19 Court declares police ban on rallies illegal }8 Synagogue: Lagos says collapsed building not }12 approved


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