November 17, 2014

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Nigeria’s widest circulating newspaper

2015 crisis hits PDP in Lagos NEWS Page 11

•Party members sue Obanikoro

News ‘Ladoja can’t fault teachers’ hiring’ P8 Sports Uche happy with Eagles’ mates P41 Business Inter-Bank rate rises by 3 per cent P31 •www.thenationonlineng.net

VOL. 9, NO. 3035 MONDAY, NOVEMBER 17, 2014

TR UTH IN DEFENCE OF FREEDOM TRUTH

N150.00

•INSIDE: SYNAGOGUE: GIVE US 11 BODIES, SAYS SOUTH AFRICA P4 50 FIRMS ON TRIAL P8

Oil price crash: Private jets owners to pay more taxes Fed Govt rolls out survival measures From Nduka Chiejina, Abuja

T

HE rich will be hard hit by new measures to save the economy, which has been badly shaken by falling oil pric-

es. Private jet owners are to pay more taxes. So are lovers of luxury items, such as champagne. Other measures announced yesterday by the Federal Government are freezing of foreign travel for civil servants, slash of budget oil benchmark and drop in capital projects financing. Minister of Finance Dr. Ngozi Okonjo-Iweala announced the measures in Abuja, saying it is important for Nigeria to keep an eye on oil prices because the importance of oil to the country’s economy. Oil is the backbone of Nigeria’s economy. According to her, the Medium Term Expenditure Framework (MTEF) and the 2015 budget proposal before the National Assembly Continued on page 4

SOME OF THE MEASURES •Oil benchmark slashed to $73 •Half of $4.11b ECA to be spent •No foreign travels for workers •Aggressive IGR drive

•HELL: The carcass of a burnt car sits in Nagarshiku fuel station, scene of a suicide explosion in Kano...at the weekend.

APC to Jonathan: beg Nigerians

T

HE All Progressives Congress (APC) has asked President Goodluck Jonathan to apologise to Nigerians for wasting the mandate they gave him rather than asking them for another. The party said in a statement signed by its National Publicity Secretary, Alhaji Lai Mohammed, and made available to The Nation in Abuja that rather than deliver the dividends of democracy to the citizenry, the Jonathan administration was busy parading phantom achievements in

?

WILL THE CHIBOK GIRLS KIDNAPPED ON APRIL 15 EVER RETURN?

From Tony Akowe, Abuja

its almost 60 months in the saddle. Describing the Jonathan administration as the worst government ever in Nigeria, the party said Nigerians cannot wait to elect one that will have positive impact on them. The party said that the President failed to get the usual bounce from such declarations because Nigerians

were not the least impressed by the socalled achievements, which have not Continued on page 4

•Policemen at Nagarshiku fuel station, Kano, scene of a suicide explosion...at the weekend.

PHOTOS: AFP

Woman suicide bomber kills 30 in Bauchi town strike STORY ON PAGE 4

Military: we’ve liberated Chibok from Boko Haram Civilian JTF for schools

•INEC EXTENDS REGISTRATION IN LAGOS, OGUN, EDO, KANO, IMO, PLATEAU P6


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November 17, 2014 by The Nation - Issuu