The Nation January 03, 2012

Page 1

Nigeria’s widest circulating newspaper

News Ebonyi attacks: I counted 26 bodies, says governor Sport Anichebe awaits Super Eagles coach Keshi’s call-up Business Fed Govt, Global Biofuels sign N424b plant deal

P10 P49 P11

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TR UTH IN DEFENCE OF FREEDOM TRUTH

VOL. 7, NO. 1994 TUESDAY, JANUARY 3, 2012

Belgore leads peace talks

COMMITTEE FOR TALKS WITH LABOUR

•Justice Alfa Belgore •Babangida Aliyu •Adams Oshiomhole •Ngozi Okonjo-Iweala •Emeka Wogu •Mrs Ngozi Olayemi

•Kolade Panel to re-invest cash From Vincent Ikuomola, Abuja

T

HE President raised two committees yesterday to push through his policy on subsidy withdrawal. An 11-member committee headed by retired Chief Justice of the Federation Justice Alfa Belgore is to meet with organised Labour and Civil Society groups. They have kicked against the subsidy removal. The second committee, described as “high-powered”, will oversee the use of the cash to be saved from the withdrawal of subsidy. The subsidy reinvestment and empowerment programme board is headed by Dr. Christopher Kolade, Nigeria’s former High Commissioner to the United Kingdom. Maj.-Gen. Mamman Kontagora, a former Minister of Works, is deputy chairman. A statement yesterday by the Special Adviser to the President on Media and Publicity, Dr. Reuben Abati, said the board will ensure the effective and timely implementation of the projects that would be funded with savings made from the removal of fuel subsidy. Other members of the Board are: Continued on page 2

N150.00

COMMITTEE ON SUBSIDY REINVESTMENT AND EMPOWERMENT PROGRAMME

•Alfa Belgore

•Christopher Kolade

•Dr Jonathan

•Amaechi

•Rotimi Amaechi •Peter Obi •Sule Lamido •Diezani Alison-Madueke •Senator Ben Obi

•Dr Christopher Kolade (Chair) •Gen. Mamman Kontagora (Deputy Chair) •Two National Assembly representatives •Two representatives of Labour •One NURTW representative •One NUJ representative •One representative of Women groups •One representative of Nigeria Youth •One representative of Civil Society groups •Finance Minister Okonjo-Iweala •National Planning Minister Shamsideen Usman •Petroleum Minister Diezani Alison-Madueke •Minister of State for Health •Special Adviser to President on Technical Matters •Six reputable individuals from six geo-political zones (three of whom must be women)

Petrol prices go wild Ebonyi tops with N200 per litre It’s N158 in Lagos, Kano N175 Benin N150, Warri N160, Ibadan N140 IBB: decision ill-timed Protests in Ilorin, Kano, Abeokuta Police make arrests in Abuja

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ETROL prices went wild yesterday, hitting N200 per litre in some cities. Petrol cost N65 before the New Year Day removal of subsidy by the Federal Government. Transport fares rose. There was outrage. Many demonstrated in Ilorin, the Kwara State capital, Abeokuta, the Oun State capital and in Kano. Former Military President Gen. Ibrahim Babangida criticised the government’s action, saying it is illtimed and anti-democratic. Motorists paid between N138 and N200 per litre of petrol yesterday. In Kano, black market operators

By Our Reporters

sold for N250 per litre. Nigeria National Petroleum Corporation (NNPC) stations had a uniform price of N138 across the country. But for other marketers, prices were varied. In Lagos, some filling stations that sold for N158 in the morning adjusted their prices downwards to between N140 and N145. It was N200 per litre in Abakaliki, the Ebonyi State capital and N160 in Warri, the oil city in Delta State. In Kano, petrol cost between N140 and N175. In Abuja and Ilorin, it was N150. Petrol cost between N140 and N150

PUMP PRICES IN SOME MAJOR CITIES •Benin •Ibadan •Ilorin •Kano •Kaduna •Oyo •Abuja •Osogbo

- N140 - 150 - N140 - N140 - N140 - N175 - N140 - N150 - N150 - N140 - N145

in Benin, the Edo State capital. In Oyo town, Jos and Umuahia, it sold for N150. Osogbo, the Osun

•Abakaliki - N200 •Lagos - N141 •Umuahia - N150 •Jos - N150 •Warri - N160 •P/Harcourt - N141 •Akure - N150-N170 State capital, motorists paid N145. Irate youths, motorcyclists and drivers demonstrated in Ilorin, the

Kwara State capital, protesting the removal of fuel subsidy, which the government said cost N1.3 trillion in less than one year. The protest paralysed traffic and businesses for most part of the day. It also forced residents to trek because passengers were made to disembark from taxi cabs and buses. The protesters marched through Jagun/Okelele, Ojagboro, Emir’s Road and Post Office, all in the state capital. They attempted to burn a filling station owned by a popular politician, but policemen were drafted in Continued on page 4

•SPORT P15 •PROPERTY P25 •POLITICS P37 •AVIATION P40 •ENERGY P51


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The Nation January 03, 2012 by The Nation - Issuu