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VOL. 6, NO. 1783 TUESDAY, JUNE 7, 2011
TR UTH IN DEFENCE OF FREEDOM TRUTH
N150.00
INAUGURATION OF THE SEVENTH NATIONAL ASSEMBLY
House rejects Jonathan’s candidate for Tambuwal EFCC seizes Bankole’s passport
ACN, CPC, others kill PDP’s agenda
From Yusuf Alli, Abuja
E
X-SPEAKER Dimeji Bankole’s passport was seized yesterday by the Economic and Financial Crimes Commission (EFCC). The commission obtained a court warrant after which it sent a team of operatives to search Bankole’s 8, Clapperton Street, Asokoro Quarters, Abuja, home. The ex-Speaker was allowed access to a lawyer, Margaret Onyema. Bankole, who was arrested Sunday night, underwent about four hours interrogation. He was questioned about how the House spent N25billion between Janu-
From Onyedi Ojiabor, Assistant Editor
Z
ONING was dealt a fatal blow yesterday, with the election of Aminu Waziri Tambuwal as Speaker of the House of Representatives. Tambuwal is from the Northwest. He is a member of the Peoples Democratic Party (PDP), which zoned Speaker to the Southwest. Tambuwal, who was Deputy Chief Whip in the sixth House, represents Kebbe/ Tambuwal Federal Constituency of Sokoto State. He defeated PDP’s anointed candidate, Hon. Mulikat Akande-Adeola, who was believed to have been backed by President Goodluck Jonathan. The immediate past Chief Whip, Hon. Chukwuemeka Nkem Ihedioha, emerged Deputy Speaker - unopposed. It was all not without drama. On the eve of the election, it was widely
Continued on page 4
Continued on page 4
David Mark, Ekweremadu lead Senate From Gbade Ogunwale, Assistant Editor, Abuja
T
HE Senate yesterday rubberstamped the candidature of Senators David Mark (Benue South) and Ike Ekweremadu (Enugu West) as Senate President and Deputy Senate President. Their candidature was ratified by the body of senators without any opposition. Immediate past Deputy Majority Leader Victor Ndoma-Egba (Cross River Central) moved the motion nominating Mark for the office. It was seconded by Senator Smart Adeyemi (Kogi West). Ekweremadu was nominated by Senator Zaynab Kure (Niger South). Ahmed Lawan (Yobe North) seconded the motion. Continued on page 4
CBN meets eight banks over costs •Mark taking the oath ... yesterday
PHOTOS: ABAYOMI FAYESE
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I promise that I will be honest, transparent, fair and will ensure that there is equity and justice. Above all, I will preside with the fear of God.
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•Tambuwal taking the oath ... yesterday
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The House of Representatives is our collective House whose independence and autonomy we must uphold and protect at all times.
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INSIDE •What future for National Assembly? •The man Tambuwal •Zoning: PDP beaten at its game •The man Ihedioha •Winners •Why Mark, Tambuwal were elected, by Jonathan •Losers •Poor crowd management, tear gas for VIPs at inauguration •ACN lawmakers will work for the people, says Tinubu SEE PAGES •Why Reps revolted against PDP’s, Jonathan’s choice 2-4,9&11-12
By Ayodele Aminu
T
HE Central Bank of Nigeria (CBN) has met with eight of the banks that control 80 per cent of the banking transactions to discuss modalities for the implementation of the Shared Services Project. The project, a baby of the Banking Operations department of the CBN and spearheaded by Accenture on behalf of the industry, is geared towards reducing costs by about 30 per cent over the next three years. The eight giants are: First Bank of Nigeria Plc, United Continued on page 4
•POLITICS P13 •SPORTS P23 •AVIATION P45 •MOTORING P50