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Wednesday, September 19, 2012. . . putting the people first
Vol. 9 No. 28
Zhul-Qadah 2, 1433 AH
N150
Atiku calls for restructuring of Nigeria By Ikechukwu Okaforadi & Sunday Etuka
F
ormer Vice President of Nigeria, Atiku Abubakar, has called for a regional
democracy for Nigeria, saying the current presidential system, aside being demanding on the economic strength of Nigeria, also concentrates enormous powers on the President.
Speaking on the topic, ‘Is Opposition a Serious Alternative in Nigeria’ which was the theme of the 2012 LEADERSHIP Newspaper Award/Conference, he stated that the current
structure of Nigerian federalism has become a topical issue that craves for change, insisting that restructuring into a regional method will make the component units viable.
Atiku, who was the Chairman of the occasion, also argued that state police was desirable in Nigeria, but pointed out that such practice should not be compulsory
NASS rejects N5,000 notes
Contd on Page 2
Reps give Jonathan 14 days to sack Oteh
By Richard Ihediwa, Lawrence Olaoye, & Mohammed Umar
O
pposition against the proposed N5000 notes yesterday received a boost as lawmakers in the two chambers of the National Assembly unanimously voted against it and ordered the Federal Government to immediately stop all moves in that direction. This is just as the House of Representatives has given President Goodluck Jonathan 14 days to sack the reinstated Director General of the Securities and Exchange Commission (SEC), Ms. Arunma Oteh, saying it will no Contd on Page 2
PD INDEX
18th Sept., 2012
CBN RATES $ £ EURO CFA RIYAL
BUYING 154.7 251 203 0.2856 41
SELLING 155.7 252 204 0.3056 41.5
PARALLEL RATES EURO £ RIYAL $
BUYING 205 258 40 158
SELLING 207 260 42 160
L-R: CBN Deputy Governor, Financial System Stability (FSS), Dr. Kingsley Moghalu, CBN Governor, Malam Sanusi Lamido Sanusi, and CBN Deputy Governor, Monetary Policy, Mrs. Sarah Alade, during a press briefing of the outcome of Monetary Policy Committee meeting, yesterday in Abuja. Photo: Mahmud Isa
Gunmen kill Borno Attorney-General, Zannah Malam Gana >> PAGE 3
Bauchi gun attack: Former CG of Prisons dies >> PAGE 3
Again, Jonathan blames media, critics for Nigeria's woes >> PAGE 5