Peoples Daily Newspaper, Friday, August 31, 2012

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www.peoplesdaily-online.com

Vol. 9 No. 15

Friday, August 31, 2012

. . . putting the people first

Shawwal 13, 1433 AH

N150

L-R: Representative of Borno state Governor, Ambassador Bab Jidda, Enugu state Governor, Mr. Sullivan Chime, Niger State Governor, Dr. Mua'zu Babangida Aliyu, Director, German Agency for International Cooperation (GAIC), Mr. Hern Klaus Brükner, Rivers state Governor, Mr. Chibuike Amaechi, Katsina state Governor, Alhaji Ibrahim Shema, and Plateau State Governor, Mr. Jonah Jang, yesterday in Berlin, during the Governors Forum Trip to Germany to understudy the German Federal system of government. Photo: NAN

NLC mobilises against Fire guts Katsina N5000 note emir’s palace It will devalue naira - NBA There's no going back - CBN By Abdulrahman Abdulraheem and Muhammad Nasir

T

he Nigeria Labour Congress (NLC) has started mobilising against the proposed introduction of N5000 by the Central Bank of Nigeria (CBN) with its leaders describing it as a policy labour fronts in the country "must be prepared to vigorously oppose". The Nigerian Bar Association also yesterday said introducing

State Police will not be abused, says South-West >> PAGE 2

the new denomination will further devalue the naira. However, the CBN has insisted that there is not going back on the controversial policy saying it got approval from President Goodluck Jonathan since December 2011. NLC President, Comrade Abdulwaheed Omar, who gave the position of his union at the 8th Biennial Delegates' Conference of the Metal Products Senior Staff Association of Nigeria (MEPROSSAN) in Lagos

yesterday, insisted that such a policy was designed by external interest to destroy the nation's economy and called for collective action in opposing it. His words: “Comrades, the recent proposal by the Central Bank of Nigeria is one of those policies we must be prepared to vigorously oppose. We see in the proposal a policy contradiction that completely exposes our policy makers as playing the devil's Contd on Page 2

P

art of the palace of the Emir of Katsina, Alhaji Abdulmumini Kabir, was yesterday gutted by fire which broke out in the early hours of the day. A source in the palace said the fire which started at about 2 am raged for almost four hours before it was put out by members of the fire service and the people living around the palace. Eyewitnesses said the fire razed the rooms of the two wives of the emir with their valuables completely destroyed. When contacted, the

$15m Ibori bribe: SSS’s staff Keyamo accuses details leaked FG of cover up online >> PAGE 3

Secretary of the Emirate Council, Alhaji Umar Kabir Mallam

From Lawal Sa’idu Funtua, Katsina

>> PAGE 4

Contd on Page 2

PD INDEX

30h Aug, 2012

CBN RATES $ £ EURO CFA RIYAL

BUYING 154.8 245.6 194 0.2748 41

S ELLING 155.8 247 195 0.2948 41.5

PARALLEL RATES EURO £ RIYAL $

BUYING 201 257 40 159

S ELLING 203 259 42 161

2,000 Nigerian students, others risk UK deportation >> PAGE 5


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