The Nation September 04, 2012

Page 1

Nigeria’s widest circulating newspaper

Ex-Oyo SSG: no pact with Ladoja’s Accord

How to resolve Boko Haram, by Dasuki NEWS

•‘Why I visited ex-governor’

•Ex-Sultan advocates justice Page 4

NEWS Page 10

www.thenationonlineng.net

VOL. 7, NO. 2238 TUESDAY, SEPTEMBER 4, 2012

TR UTH IN DEFENCE OF FREEDOM TRUTH

N150.00

Zambia probes Nigerian firm for $5m oil ‘swindle’ Anyiam-Osigwe: we didn’t participate in any oil transaction

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ID Zambia pay a Nigerian businessman $5million commission for crude oil that was never delivered? “Not a single drop” was transported to Zambia, Mines, Energy and Water Development Permanent Secretary George Zulu said at a media briefing at the weekend. Speaking in Lusaka, Mr Zulu said he recently travelled to Nigeria where he met the businessman, George Anyiam-Osigwe, who, according to him, claimed that he had been acting as a middleman be-

In Nigeria, there’s a gentleman..., a Nigerian national, who claimed he was given $5 million commission from the Zambian Government over the deal

tween Zambia and Nigeria for the supply of crude oil. Mr. Osigwe denied any wrongdoing yesterday. Zulu said: “The President of the Republic Zambia recently sent me to Nigeria because he has always wanted to have cheaper or affordable prices of fuel in Zambia. “In Nigeria, there’s a gen-

T

•The late Vincent

tleman called George Anyiam-Osigwe, a Nigerian national, who claimed he was given $5 million commission from the Zambian Government over the deal. “He claimed that he had been at the centre of negotiations between the Zambian Government and the Nigerian Government to supply

At no time did any member of our Group participate in the oil transaction either as alleged or at all and not a cent came to any one of us either as alleged or at all

crude oil. So I sought permission to go to Nigeria to speak to Anyiam-Osigwe and it is true. This man was engaged.” Zulu said he was shocked with what he found in Nigeria, adding that the oil purported to have been supplied did not reach Zambia, yet documentation existed indicating that the Zambian Gov-

ernment had paid for the supply of the commodity. “This agreement has been in place for the past few years, except that the previous administration treated this matter in a confidential manner such that we are not sure whether the nation benefited from this arrangement. “Due to this uncertainty,

the government would engage investigative wings to look into this matter to ascertain what actually happened,” he said. Zulu said if it was established that some individuals’ actions were questionable, the law would take its course. “The nation will be kept abreast on the developments of this issue,” he said. The permanent secretary said the government was finalising procurement of crude oil from Nigeria through a Government-toContinued on page 4

Former Central Bank Governor Ola Vincent dies at 87

HE business community lost yesterday a prominent member. Mr. Olatunde Olabode Vincent, former Central Bank of Nigeria (CBN) Governor, director of many companies and an art enthusiast, died in Lagos. He was 87. Encomiums were showered on the man fondly described

By Segun Balogun 1963 as an assistant general manager. He was general as “Mr. Integrity” who passed manager between 1963 and on at a Lagos hospital during 1966. an old age related illness. The Industrial And GenerA consummate banker, the al Insurance (IGI) Plc anlate Vincent was governor of nounced “with heavy heart” the apex bank behis death last night tween 1977 and 1982. SEE ALSO in a statement by He started his the company’s ExecPAGES 2&3 banking career in utive Vice Chair-

man, Mr. Remi Olowude.” Olowude said: “For us in the IGI Family, this is a great loss. Pa Vincent meant the world to all of us. We will forever appreciate his profound contributions over the years to the growth of our company. We will miss his words of wisdom and the rich professional experience he always

shared with us.” The late Vincent was a founding director of IGI. He was was born in Lagos on May 16, 1925. An administrator and economist, he attended St. Saviour’s Primary School, Lagos (193035), CMS Grammar School, Continued on page 61

NURTW supports Lagos Traffic Law By Mariam Ndikanwu, Staff Reporter

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AGOS got yesterday a major support for its new traffic law. The National Union of Road Transport Workers pledged to cooperate with the government to ensure full implementation of the law, which has been controversial. It punishes eating and telephone calls while driving, among other penalties. The president of the union, Alhaji Najeen Usman Yasin, who made the pledge at Lagos House, Ikeja, while on a visit to Governor, Babatunde Fashola, said members of the union would remain law abiding. Yasin, who led other top officials of the national body of the union on the visit, noted that the Fashola administration had, through its people-orientated policies, especially in the transport sector, enabled the union to prosper by establishing a mass transit operation. He told the Governor: “Implementation of the BRT scheme by the union has, apart from Continued on page 4

•Governor Fashola (in bow tie), Mrs Orelope-Adefulire, Alhaji Yasin (second left), Alhaji Tomori, Chief Olaoye (second right). Back row: Special Adviser on Information Lateef Raji (left), Dr. Ahmed, Mr. Ibirogba and Mr. Watkur...yesterday PHOTO: OMOSEHIN MOSES

•PROPERTY P13 •SPORT P23 •POLITICS P43 •ENERGY P47 •MARITIME P53


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