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Police detain ACN candidate in Abuja NEWS – Page 9
•Party hires SANs to push Onoja’s case
Governors to seek more cash for states
NEWS
Page 6
•New chair Amaechi to lead campaign http://www.thenationonlineng.net
VOL. 6, NO. 1769 TUESDAY, MAY 24, 2011
TR UTH IN DEFENCE OF FREEDOM TRUTH
N150.00
Govt to spend N830m on Jonathan’s inauguration 15 world NIGERIA’S BIGGEST PARTY leaders confirm THE SHOW: President’s inauguration on May 29 Between N830million and N1billion COST: attendance 40 Heads of States invited; about 10 to GUESTS: From Vincent Ikuomola and Franca Chigbo, Abuja
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IGERIA is set for its biggest – and most expensive – party in recent times. The ceremony: inauguration of the President. The cost: between N830 million and N1 billion. Yayale Ahmed, Secretary to the Government of the Federation (SGF) told reporters yesterday in Abuja that N1.3 billion was initially earmarked for the May 29 ceremony. “The actual cost is N830 million, to be specific. Our initial budget was N1.3 billion; it was reduced to N830 million. Now, it may reach the figure of N1bn plus or minus, but no more. I will want you to follow it up after the event,” he said. There should be no security fears, Yayale said, adding that “all necessary measures” have been taken to ensure that all is well. Yayale, with whom were other members of the Inauguration Committee, including the Head of Civil Service of the Federation, Prof. Oladapo Afolabi, and Minister of Culture, Tourism and National Orientation Abubakar Sadik, promised adequate security in all the 26 states where inaugurations will take place. “Right from the venues, from incoming
15 have confirmed attendance
EVENTS: •Presidential interaction with the business community •Presidential session with youths in Lagos •Dinner for Corporate Nigeria at the State House, Lagos •Exhibition and unveiling of President’s portrait, Abuja •Inaugural lecture at the Ministry of Foreign Affairs •First Lady’s Banquet for women at the State House •Jumat prayer at National Mosque, Abuja •Children’s march past, Children’s Parliament session and activities for less-priviledged by the First Lady •Football Match: Kano Pillars FC vs Enyimba FC of Aba •Thanksgiving at the National Christian Worship Centre •Musicial/Cultural/Firework display on Saturday •Presidential inauguration at the Eagle Square, Abuja
Waivers bonanza for companies •President to chair Economic Team
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RGANISATIONS willing to create jobs and help develop the economy will get special government waivers, President Goodluck Jonathan said yesterday. They are also to benefit from incentives and subsidies the government will create. The President broke the news at a meeting with the Nigerian Business Community at the Eko Hotel and Suites on Victoria Island in Lagos. In an address that was an inkling to his economic programme, Jonathan said he would personally chair the Economic Team after taking a fresh oath of office on Sun-
By Toba Agboola, Staff Reporter
day. He said: “This is necessary because in the next three months we should be able to tell Nigerians our plans and how we intend to actualise them.” He said more attention would be paid to oil and gas, agriculture and food products. The President called on the Organised Private Sector (OPS) to partner with the government to actualise the country’s economic transformation. He said the government Continued on page 2
Continued on page 2
Obasanjo tips six for minister From Yusuf Alli, Abuja
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RESIDENT Goodluck Jonathan has kept many godfathers at bay to take charge of building the cabinet, The Nation learnt yesterday. In fact, according to sources, none of former President Olusegun Obasanjo’s nominees has been shortlisted. But the President is said to be personally discussing with a former Minister of Finance, Dr. Ngozi Okonjo-Iweala, to drive his Economic Team. Obasanjo is believed to have recommended six candidates. Although the names of the candidates were kept under wraps, Obasanjo’s list is Continued on page 2
•President Goodluck Jonathan (second right), UN Secretary General Mr, Ban Ki Moon (third right) and (from left) Minister of Education, Prof. Ruqayyatu Rufa’i, Special Adviser to the President on Millennium Development Goals {MDGs} Hajiya Amina Az-Zubair, Kaduna State Governor Patrick Yakowa, Foreign Affairs Minister Odein Ajumogobia and others during the official visit of the UN Secretary General to the Presidential PHOTO: AKIN OLADOKUN Villa, Abuja ... yesterday.
•MARITIME P17 •SPORTS P23 •PROPERTY P25 •ENERGY P37 •AVIATION P43