The Nation June 04, 2013

Page 1

Nigeria’s widest circulating newspaper

Police to hunt down killers

News CJN to fight corruption, impunity P7 Sports Mourinho returns to Chelsea P24 Business Faulty ATMs put banks in trouble P11

NEWS Page 60

•IG speaks on ambush

www.thenationonlineng.net

VOL. 8, NO. 2506 TUESDAY, JUNE 4, 2013

TR UTH IN DEFENCE OF FREEDOM TRUTH

N150.00

$23m US reward on Boko Haram chief Shekau, others 20-year jail for sect’s members From Yusuf Alli, Abuja

I

NSURGENTS and their backers have suffered another major blow. The Federal Government, which is fighting insurgents in three states - Yobe, Adamawa and Borno - has proscribed Boko Haram. Besides, it prescribed a 20-year jail term for its members, The Nation learnt yesterday. Also yesterday, the United States posted up to $23 million in rewards to help capture five leaders of militant groups which have spread terror in West Africa and Nigeria. The highest reward of up to $7 million is offered for the leader of Boko Haram, Abubakar Shekau, while $5 million each is posted for Al-Qaeda veteran Mokhtar Belmokhtar and Yahya Abou Al-Hammam, a top figure in Al-Qaeda in the Islamic Maghreb, US officials said. The government secured an order from the Federal High Court, Abuja to ban Jamaatu Ahlis-sunna Liddaawati Wal JiContinued on page 4

•GOOD JOB: From left: Governor, State of Osun, Ogbeni Rauf Aregbesola; his wife,Alhaja Sherifat; House of Representatives Speaker Aminu Tambuwal; Action Congress of Nigeria (ACN) National Leader Asiwaju Bola Tinubu and Lagos State Deputy Governor Mrs Adejoke Orelope-Adefulire, admiring the Opon Imo (Tablet of Knowledge) for secondary school pupils at its launch at Zenababs Hotel, Ilesa, the State of Osun…yesterday. SEE ALSO PAGE 10

Dangote in world’s top 25 richest with $20b fortune

A •Dangote

FRICA’s richest man Aliko Dangote has broken into the rank of the top 25 richest men in the world. Forbes, the world’s renowned business/financial news magazine, has said that Dangote, the President/ Chief Executive of the panAfrican conglomerate, the

Dangote Group, has become the first African entrepreneur to lay claim to a $20 billion fortune as the stock value of the flagship of his holding, Dangote Cement, leaped just about three-fourths since March when Forbes last released its annual ranking of the world’s richest people. With a current market cap

No new states, says Senate

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ROPONENTS of state creation seem to have lost the battle. The Senate yesterday foreclosed the emergence of new states as part of the ongoing amendment of the Constitution. Deputy Senate President Ike Ekweremadu said although the Senate was desirous of creating states — in line with the agitation by many Nigerians— all those demanding new states have failed to meet up with the

From Onyedi Ojiabor and Sanni Onogu, Abuja

constitution’s requirement. He said the Senate Committee on Constitution Review would submit its report this week. He said: “I believe that, God willing, by this week, we should be laying the report of the Senate Committee on Constitution Review on the table.” Continued on page 4

of $20.5 billion, Dangote Cement becomes the first Nigerian company to achieve a market capitalisation of over $20 billion. Forbes reported that Dangote’s 93 per cent stake in the cement company is now worth $19.5 billion. Added to this are his controlling stakes in other pub-

licly-listed companies, such as Dangote Sugar and National Salt Company of Nigeria and his significant shareholdings in other bluechips, such as Zenith Bank, UBA Group and Dangote Flour; his extensive real estate portfolio, jets, yachts and current cash position, which includes more than

$300 million in recently awarded Dangote Cement, Dangote is now worth more than $20 billion. Dangote is richer than Russia’s richest man, Alisher Usmanov, richer than India’s Lakshmi Mittal and running neck Continued on page 4 •Lagos State Governor Babatunde Fashola laying a wreath in honour of the 156 people, who died in last year’s Dana Air crash during the memorial and unveiling of cenotaph in honour of the victims at the Dana Air crash site, near Railway Line, Iju-Ishaga, Ifako-Ijaye Local Government, Lagos…yesterday. SEE ALSO PAGES 2&3 PHOTO: OMOSEHIN MOSES


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