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News Jubilation as Oyo Accord, PDP lawmakers join ACN P7 Sports No gang-up against Yekini, says Victor Ikpeba P24 Business Agric firm Vegefresh begins N4.8b tomato revolution P12 www.thenationonlineng.net
VOL. 7, NO. 2118 WEDNESDAY, MAY 9, 2012
TR UTH IN DEFENCE OF FREEDOM TRUTH
N150.00
•From left: Mr Atedo Peterside, Anambra Governor Peter Obi, Adamawa Governor Murtala Nyako, Mr Femi Otedola, Alhaji Aliko Dangote, Finance Minister Ngozi Okonjo-Iweala, Chief Kolade PHOTO: NAN Jamodu and Mr Jim Ovia - all members of the Economic Management Team - during its meeting with President Goodluck Jonathan in Abuja ... yesterday.
Okereke-Onyiuke: we’ve right to spend as we like SEC acted illegally, says ex-DG
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The SEC has no busiHE Lagos State ness over government yesterday defended its how a pridecision to lay off striking 788 doctors. It said the decision, vate comthough painful, was and taken for pany spends necessary the public good. The government also ruled its money. out any further negotiawith the sacked We did not tion doctors, saying those interested in abiding by the rules could appeal for collect money from Governor anybody and we have evicted a right to AMFARA State Governor spend our Abdulaziz Yari has been thrown out of his money the Abuja home. A High Court in the way we Federal Capital Territory declared that he had been want. occupying the house
From Victor Oluwasegun and Dele Anofi, Abuja
F
ORMER Nigerian Stock Exchange (NSE) boss Prof. Ndi OkerekeOnyiuke defended her integrity yesterday. She said the intervention of the Security and Exchange Commission (SEC) in the affairs of the NSE was illegal. Besides, she dismissed allegations of financial recklessness hurled at her administration by the SEC. She said the regulatory body had no power to dictate how a private company, which the NSE is, spends its money. She also laid to rest the controversy generated by the dinner she organised in support of the election of United States President Barack Obama in 2008. Mrs Okereke-Onyiuke alleged that the “unguided pronouncements” by regulatory authorities and their action contributed to the eventual crash of the capital market. She also faulted the nationalisation of Afribank, Bank PHB and Springbank. Speaking before the Ibrahim El-Sudi-led House of Representatives ad hoc Committee investigating the near collapse of the Continued on page 4
‘Why doctors were fired’ By Miriam Ndikanwu and Wale Adepoju
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From Gbade Ogunwale, Assistant Editor, Abuja
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•Mrs Okereke-Onyiuke ... yesterday
PHOTO: ABAYOMI FAYESE
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•CITYBEATS P8 •SPORTS P23 •POLITICS P43 •INSURANCE P45 •EQUITIES P50