The Nation December 14, 2012

Page 1

Nigeria’s widest circulating newspaper

Governor’s son gets EFCC bail

CBN makes 70% remittance to govt

NEWS

Page 63

•Arraignment in court stalled

NEWS

•Apex bank to turn in N80b

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www.thenationonlineng.net

VOL. 7, NO. 2340 FRIDAY, DECEMBER 14, 2012

TR UTH IN DEFENCE OF FREEDOM TRUTH

N150.00

Lawmakers give conditions to pass Budget 2013

L

AWMAKERS may have agreed - with some conditions - to pass the 2013 Appropriation Bill into law before going on break on December 20. President Goodluck Jonathan presented a N4.9trillion proposal to the

From Yusuf Alli, Abuja

National Assembly on October 10, with a new fiscal calendar of January to December for effective implementation. But the wobbly implementation of the 2012 budget pitched the Executive against the National Assembly, with members not favourably dis-

posed to passing the 2013 Appropriation Bill. Most of the members are insisting on the full implementation of the 2012 budget before passing next year’s appropriation into law. The grouses of the lawmakers on this year’s budget compelled the President to meet

with Senate President David Mark and House Speaker Aminu Tambuwal on Wednesday night. It was learnt that at the meeting, the President resolved the grey areas with the leadership of the National Assembly. Continued on page 63

Okonjo-Iweala’s mother: 63 arrested in military raid Warri lawyer held From Shola O’Neil, Warri and Okungbowa Aiwerie, Asaba

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ITH 63 suspects arrested yesterday by the military, the battle to free Prof. Kamene Okonjo, the kidnapped 82-yearold mother of Finance Minister Dr. Ngozi Okonjo-Iweala, is getting more serious. Two policemen had earlier been arrested. Besides, a man was picked up immediately after Mrs Okonjo’s abduction on Sunday in her home in Ogwashi-Uku, Delta State. Delta Police Commissioner Ikechukwu Aduba said yesterday that “insider collaboration” was suspected in the crime. “Yesterday, the Four Brigade raided OgwashiUkwu in search of Mama” army spokeswoman Roseline Managbe told Reuters. “Those arrested are being questioned,” she added. Managbe confirmed that two Lebanese men working for the construction company, Setraco, were abducted on Tuesday in Delta State by gunmen who killed a soldier protecting them. “It could be my turn tomorrow,” said Tony Agwu, who lives near Okonjo’s house. “It’s a terrible situation down here. The security agents in the Delta are compromised,” he added, voicing the widely held view that security forces are often complicit. Continued on page 4

•Medical workers pushing for Minister of Health Onyebuchi Chukwu’s removal in Abuja...yesterday. Story on page 5 PHOTO AKIN OLADOKUN

House doubts need for N161b fuel subsidy •Senate okays Jonathan’s request for cash

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OUSE members were not convinced yesterday that President Goodluck Jonathan should be given N161,617,364,911 for fuel subsidy — two weeks to tthe end of the fiscal year. This year, N888.1 billion was approved for payment of fuel subsidy. The debate on the supplementary budget was suspended by the House on Wednesday when it was first con-

From Victor Oluwasegun and Dele Anofi, Abuja

sidered to allow for input from committees, particularly Petroleum Resources (Upstream and Downstream); Finance and Appropriation. The President wrote to the National Assembly, saying the cash would be used to settle accumulated fuel subsidy arrears and will assist to “maintain a Continued on page 4

•From left: Vice Chairman Amb. Joe Keshi; Group Managing Director, Mr. Phillips Oduoza and Chairman Chief Israel Ogbue, during the Bank’s Extra Ordinary General Meeting, where the Shareholders authorised new Commercial Banking structure for the Bank in Lagos…yesterday.

•CITYBEATS P8 •SPORTS P23 •SOCIETY P25 •BRAND P29 •POLITICS P45


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