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NIGERIA’S MOST AUTHORITATIVE NEWSPAPER IN POLITICS AND BUSINESS /newtelegraph
Vol. 1 No. 315
Wednesday, December 31, 2014
@newtelegraph1 www.newtelegraphonline.com
seven boko haram killed in Borno
NSE ranked third worst performing stock market in the world Chris Ugwu
T
he Nigerian Stock Exchange (NSE) has been
ranked the third worst performing stock market globally during the 2014 financial year. According to a report
published yesterday in the online edition of Daily Telegraph of London, the Nigerian bourse recorded 33 per cent loss to earn
third position among the 10 worst exchanges in the world. The ranking also saw CONTINUED ON PAGE 5
N150
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NEW TELEG
The Meg a City RAPH WEDN
ESDAY, DECEM BER
31, 2014
...EXCL USIVE LAGOS MAGA ZINE
25
Page 25
A portion
of the Lagos
LIFE IN THE Traffic: Using the bicycle
-Apapa-Osh
odi expres
sway
Our roads
CITY
, our pain
alternati
ve
PHOTO:
SULEIMAN HUSAINI
s
It is one of those things that comforta adherent ble to say. s and adm The stat and tran irers of the e of Lago sport com s roads is pani Lagos Stat deplorab not le. But that es gnash their e governm teeth in frus at its best. Ofte ent may either beca is not, in n time not any way, tration at use of the to say that some port s, commuters, car be OLUWAT ions of road the state OSIN OMO population or the owners governm number NIYI writ of cars in ent has not s that are at best es. the state, agos is it appears been fixing roads. unar guab city, with But like a drop ly a beau tiful in an ocea a beautifullaw abiding citize n, as ns and crime level there populous landscape. It and
eight pages of mega city
Oil price crashes further MY CITY MY WORLD Lagos lives its reputatioup to n
L
is the most reduced the touts city in second drast Nigeria faste and the little decent metamorphose ically finis Going by st growing beings. city in But be d into a forgohing touch, in Africa. may, the majo one cann developments that fact, they r tten proba upgrade ot deny the glari in the state, velopments are snag in all of theseas it ment seem bly de- ket to take up. Butfor the next govered structure,of the city in ng fact of the of the roads arethe Lagos roads road is term that of Retai nterri ised and landscape, beau s of infra- They are unke in deplorable . Most that l marfor years ble and it mpt, pot-h clean envir bumpy. shape. tiful, organ with strict Most ole three year . There was has been like onment law enfor backed - mass of mess of the roads filled, and or a time s ago) That is up have been cement when gove (about the and noth why most agencies. been done consi a work local council perhaps, ing or little rnment people did a little on the road has administrfull of praises in Lagos are permanent fix. derably to give patch but it for them a yond that year. Although, a ‘visio ation, who they the current Either thedidn’t last bepassing nary and ment, it give it describe through huge truck ship.’ The to the gove tried it’s discipline weat that as her affec route s areas. The best rnd leade is one of Oshodi route rroads on possible in some terribly. Vehicted the mark or rain and Oba Akra who knewthe major credifor instance, that linking Aden les are const et road very ing down n, moto ts. what and traffi on the roads For those antly rable, after iyi Jones what it Oshodi are is c , thereby breakernor Babanow, it is a bigwas like, and ment. Also Kayo years of aban now able jam. Traders bemo causing state of an the from Osho tunde Fashola, plus to Gov- in Ogba has been de Street, some don- know the how many market road. deplorthough where di becom SAN. Apar it woul tarred and moto “Do you lost due ing moto rable to this crates of eggs rable, thet or so it seem d do better if I have expanded, yegbeni asked road here?” ed. Altho Acme and ugh . He recou Joshua Ailost 580 Wemco crates of line are the ones on nted how He said yet to get he the Wagoeggs due to the the road. n car conv eying the CONT
OLUWATOS IN OMONIYI CO-ORDINAT
tosin.omoniyi
OR
@newtelegrap
honline.com © Daily Telegra ph Publish ing Compa ny Limited
INUED ON PAGE 27
lHits six-year low at $57 per barrel
Travel Advisory Your guide to local and international flights 4
A cross-section of artisans, tradesmen and farmers at a town hall meeting with Lagos State Governor, Mr. Babatunde Fashola in Lagos...yesterday. PHOTO: NAN
Atiku: Nigerians are getting poorer lLet's take back our country, says Tinubu Johnchuks Onuanyim and Felix Nwaneri
F
ormer Vice-President Atiku Abubakar yesterday
lamented the growing poverty among Nigerians despite the nation's riches. Atiku, a chieftain of the All Progressives Congress (APC), in a New Year mes-
sage released in Abuja by his Media Office, urged political officeholders to stop enriching themselves at the expense of the masses. Also, APC national lead-
er and former Lagos State Governor, Senator Bola Tinubu, seized the occasion to call on Nigerians to use their votes in next general CONTINUED ON PAGE 7
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Quick Read
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