Binder1 aug 12, 2014

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Sanctity of Truth Facebook.com/newtelegraph

Tuesday, August 12, 2014 VOL. 1 NO. 175

twitter.com/newtelegraph1

www.newtelegraphonline.com

N150

NIGERIA’S MOST AUTHORITATIVE NEWSPAPER IN POLITICS AND BUSINESS

Russia’s Rusal offers Nigerian assets for sale lMulls auction of stake in ALSCON

Adeola Yusuf

R

usal, the world’s largest aluminium producer, has joined

Shell, Chevron and other multi-national in the selling binge of their assets in Nigeria. The company is already

considering the sale of about $1 billion worth of non-core assets, including its stakes in the Aluminium Smelter Company of

Nigeria (ALSCON) located in Akwa Ibom State. A report by Reuters yesterday, quoting BCS financial group analysts,

said the sale talks were at an advanced stage. Other assets that could be sold include stakes in the Bogatyr coal company in Kazakhstan, the analysts said in a research

note to clients after meeting Rusal’s management last week. Shell, Chevron, Agip and other oil multinationals have disclosed deciCONTINUED ON PAGE 4

Jonathan: We won’t stop using troops for polls

lNorthern elders warn president to rescue Chibok girls or forget second term Anule Emmanuel and Ibraheem Musa

A

dvocates of less involvement of the military and other security agencies in the conduct of elections may have lost out as President Goodluck Jonathan yesterday vowed to ensure tight security for the 2015 general election. The president, speaking

against the backdrop of the criticisms that trailed the presence of heavy security during the conduct of governorship elections in Ekiti and Osun states, said at an inter-faith conference in Abuja that his administration will continue to deploy troops and other security agents for elections as it will not give desperate politicians who CONTINUED ON PAGE 2

...Says Sawyer a mad man for bringing Ebola to Nigeria

lAnother nurse tests positive lHusband, 176 others under watch Anule Emmanuel, Muritala Ayinla, Obinna Odoh and Comfort Chukwu

Managing Director/CEO, Sterling Bank Plc, Mr. ‘Yemi Adeola (left) and Managing Director, Arsenal FC, Mr. Ivan Gazidis, at the signing of the sponsorship agreement between the bank and the club in London...at the weekend

A

n angry President Goodluck Jonathan yesterday lashed out at the late Mr. Patrick Sawyer, the Liberian-American

who brought the Ebola Virus Disease (EVD) to Nigeria, describing him as a mad man. He said it was wrong of him to have defied medical advice and embarked on his ill-fated trip to Nigeria CONTINUED ON PAGE 2

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