Peoples Daily Newspaper, Wednesday 27, March, 2013

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www.peoplesdailyng.com

Vol. 10 No. 63

Wednesday, March 27, 2013

. . . putting the people first

Jimadal Ula 16, 1434 AH

N150

I chose to serve one term only since 2011, says Sanusi By Okechukwu Okoforadi

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NYSC members cheering during the closing ceremony of 2013 Batch 'A' orientation course, yesterday at Wailo, in Ganjuwa local government area of Bauchi state. Photo: NAN

he Central Bank of Nigeria (CBN) Governor, Mallam Sanusi Lamido Sanusi has shed more light on his decision not to vie for second term in office. According to Sanusi, he intimated President Goodluck Jonathan way back in 2011 that he would not be interested in seeking second term in office at the expiration of his present tenure in June 2014. “I informed the President as far back as 2011 that I would not be interested in serving for two terms,” Sanusi told Bloomberg, a multimedia corporation based in New York, adding that “the job has been done, largely.” The CBN Governor who reechoed his stance on second term Contd on Page 2

Financial recklessness

INEC report indicts political parties PDP spends N4.35bn, ANPP N893.40m, ACN N464.69m, CPC N363.58m By Agaju Madugba, with agency report

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report by external auditors appointed by the Independent National Electoral Commission (INEC)

INEC, to audit the nation’s political parties has indicted 54 of them for not adhering to the accounting procedures in their operations in 2011. Only the Action Congress of Nigeria (ACN) and the Citizens

Popular Party (CPP) escaped INEC’s hammer as they were found to have complied with the Political Party Financial Reporting Manual 2011 and Political Party Finance Handbook 2011, online news portals said

yesterday. According to the report, while some of the parties ignored the conventional books of accounts, others did not have membership registers at their headquarters during the year that the last

general elections were conducted. Other lapses noticed in the operation of some of the parties include absence of self audit report (internal and external), nonexistence of fixed asset and Contd on Page 2

Muazu sues NGF indicts Anambra, S/African court jails Yuguda over Ekiti, 16 others over Henry Okah for LG polls embarrassing Jonathan N12bn indictment >> PAGE 9

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