Peoples Daily Newspaper, Friday, April 13, 2012

Page 1

Alleged extra-judicial killings: Police summons Rights Commission Board chairman PAGE 4

Vol. 8 No. 16

Friday, April 13, 2012

Jimadal Ula 22, 1433 AH

N150

SWF: Govs are spendthrifts — Finance Minister By Aminu Imam & Abdulwahab Isa

T

he Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala yesterday blamed the 36 state governors for the massive depletion of accruals into the Excess Crude Account in the pre-economic depression years. Speaking on the various components of the current reform agenda of the government at a one-day interactive session with civil society organisations, yesterday in Abuja, Dr. Okonjo-Iweala blamed the voracious apetite for funds of the governors for the depletion of the Excess Crude Account, “from about $20 billion in 2003 to about $3.6 billion now", stressing that the governors' insistence that the Sovereign Wealth Fund (SWF) account is illegal, led to the ultimate sharing of about $16.4 billion of the excess crude oil savings. Okonjo-Iweala explained that in view of the recent developments in developed Contd on Page 2

NYSC Dance and Drama Community Development Service (CDS) group, performing during its Creativity Week, yesterday in Abuja. Photo: NAN

Boko Haram dares Jonathan

Military, SSS assure of improved security By Mohammed Kandi, with agency report

F

ollowing the protracted battle between members of Jama’atu Ahlis-Sunna Lid Da’awati Wal Jihad popularly

known as Boko Haram and the government, the sect has dared President Goodluck Jonathan to carry out his threat to route it out in three months just as it boasted that Nigeria's security agencies cannot contain it by the June

2012 deadline set by the President recently in South Korea. The leader of the sect, Sheik Abubakar Imam Shekau, in a new video posted on Youtube yesterday, further bragged that the nation's security agencies

cannot end its terror campaigns by June. This is coming at a time when the security agencies are also claiming to have successfully reduced the level of insecurity in the country to a minimal level.

Shekau, who appeared agitated throughout his video recording, was surrounded by some bodyguards while delivering the message via a Youtube video which lasted for 14 minutes and Contd on Page 2

Kano earmarks N2m dowry for widows

Nigeria invests N2.2tr in free trade zones

INSIDE

Groups begin Jonathan 2015 campaign >>PAGE 3

Senate denies Curfew: We’re dying of heat, Borno bribery allegation residents rell JTF >>PAGE 4

>>PAGE 7

WWW.PEOPLESDAILY-ONLINE.COM

>>PAGE 7

>>PAGE 19


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.