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How $1.092b Malabu oil deal was struck
Press freedom under threat, says NPAN
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•I’m ready for probe, says Adoke
•‘Discontinue trial of journalists’
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TR UTH IN DEFENCE OF FREEDOM TRUTH
VOL. 8, NO. 2550 THURSDAY, JULY 18, 2013
N150.00
Excess crude account down by $7b to $5b
C •Sanusi
ENTRAL Bank of Nigeria (CBN) Governor Sanusi Lamido Sanusi has said for Nigeria to beat the ingenuity of counterfeiters, there is a need to redesign the Naira. Sanusi also revealed that the Excess Crude Account is down by $7bn from $12billion to $5billion.
•Interest rates to rise
From Victor Oluwasegun and Dele Anofi, Abuja
Sanusi told the Jones Onyereri- headed House Committee on Banking and Currency yesterday that the “ noise” about the 5000 Naira notes was the reason the CBN
shelved the plan, which, according to him, should be done every seven to eight years. The House brought the CBN and other stakeholders to an interactive session on three motions referred to the
committee. The motions are: •the rising incidence of fake Naira being dispensed from Automated Teller Machines (ATMs); •the urgent need to stop banks from introducing N100 maintenance charges on ATM cards; and •need for a single digit interest rate to encourage small- scale investors.
Sanusi said restructuring of the Naira would stop fake currency. He said: “One of the reasons we wanted to have a restructuring of the redesign of the currency a few months ago was because, as explained, many of our notes had been in existence Continued on page 2
My marriage intact, says Funke Akindele
S
TAR actress Funke Akindele yesterday broke her silence on her failed marriage rumour. “My marriage is intact,” she said in a text message to The Nation. The message reads: "I read in the newspaper yesterday that I am divorced. What proof do you have? And I am taking this to court because my marriage is intact. You guys are rumour mongers. Funke Akindele Oloyede." •SEE STORY ON PAGE 53
My problem with Rivers governor, by First Lady
F
IRST Lady Patience Jonathan yesterday spoke of her problem with Rivers State Governor Rotimi Chibuike Amaechi. Mrs. Jonathan, who has been linked with the Rivers Peoples Democratic Party (PDP) crisis, told visiting Bishops in Abuja that the disagreement started four years ago. Sixteen Bishops from the Southsouth Christian Association of Nigeria (CAN) visited her at the Presidential Villa. She told them that
•Kids who lost their parents to Boko Haram insurgency being hosted by Governor Kashim Shettima for Iftar on Tuesday night at the Government House in Maiduguri
Scholarship for 50 Boko Haram orphans
S
OME unusual visitors were at the Government House, Maiduguri, the troubled Borno State capital, on Tuesday night. Fifty in all, the visitors —Orphans all — were guests of Governor Kashim Shettima, who broke his fast with them. They were orphans of Boko Haram victims. Besides the fine meal, they bagged allround sholarship to pursue their education.
From Yusuf Alli, Abuja
According to a statement by the Special Adviser to the governor on Media and Communications, Alhaji Isa Gusau, the governor said the scholarship would cut across orphans from both Muslim and Christian homes. He promised to also host orphans from Christian homes during Christmas. Continued on page 2
•Shettima (middle) assisted by an official, handing out a gift to one of the kids
Amaechi raises alarm over ‘strange’ security officers Continued on page 2
IG summons CSO, ADC, lawmaker
T •Amaechi
HERE is anxiety over Rivers State Governor Rotimi Amaechi’s safety. The state government is worried by the posting of four Intelligence officers to the Government House in Port Harcourt, the state capital. Two policemen have also been post-
Why Presidency is after governor, by Soyinka
From Yusuf Alli and Gbade Ogunwale, Abuja
ed to the Governor’s Lodge in Abuja. No notice of the postings was sent to the governor, a statement by the Secretary to the Government, Mr. George Feyii, said yesterday. The statement said: “The Rivers State
Government notes with distress what is now an apparent attack on the person of Governor Chibuike Rotimi Amaechi. Yesterday, two policemen, one of who is an Inspector Bawa, reported to the Rivers State Governor’s Lodge at Justice Mohammed Bello Continued on page 2
INSIDE •ACN blames Jonathan for attack on governors •Kids flay call to fight •SEE PAGES 2 &57
•SPORTS P23 •EDUCATION P25 •POLITICS P43 •N/HEALTH P45 •E-BUSINESS P47