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SATURDAY Saturday, March 7, 2015 Vol. 2 No. 381
Sanctity of Truth
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N150
Nollywood actress Shirley Igwe on why marriage } 22 shouldn’t be trifled with
dollar agony
...tumbling naira gives Nigerians nightmare lNow N226 to $1
Isioma Madike
F Lagos
or the Nigerian economy, it has been a storm of some sort. The official devaluation of the country’s currency, the naira, against other major currencies, especially the
United States of America dollar, has caused an increase in cost of living and made socio-economic conditions in the country a very harsh one. Incidentally, the huge increase in the dollar index has coincided with the drop in oil prices, which has also made revenue
inflow into the nation’s reserves to decline rapidly. This, however, has ignited fears among stakeholders in the Organised Private Sector, some of whom believe that the unfolding drama could snowball into a major economic crisis, if steps are not taken urgently to stem the tide.
After a ‘couple of weeks’ break, Buhari returns to country } 5
Indeed, the situation staring Nigerians in the face is a pathetic one. The folly of depending on wholesome importation of consumer goods as well as other items that helps to stimulate the economy, makes things deteriorate in the country.
peter king: I performed for soldiers on both sides of the civil war } 13
OBI ASIKA } 20 I wasn’t appointed to frustrate Reno Omokri
SEE FULL STORY ON PAGES 48, 49
Court to TB Joshua: You can’t stop }8 Coroner’s inquest