Newspaper of the Year
•Woman held for ‘kidnapping’ three kids in Lagos P49 •Bailout cash: Oyo workers worried about delay P47 •WAEC adjusts WASSCE timetable for Sallah break P4 •’N3.25tr pension funds invested in govt securities’P11 •Nigeria’s widest circulating newspaper
VOL. 10, NO. 3341 FRIDAY, SEPTEMBER 18, 2015
How I was freed, by The Sun DMD’s wife
•www.thenationonlineng.net
TR UTH IN DEFENCE OF FREEDOM TRUTH
States to share N535.5b
A
N150.00
•F AREWELL: •FAREWELL: Founding Managing Director, Chams Plc, Sir Demola Aladekomo beating the gong to close trading at the Nigerian Stock Exchange (NSE) in Lagos in commemoration of his retirement and 30th anniversary of Chams...yesterday. Applauding are new Managing Director Olufemi Williams (left) and NSE’s Executive Director, Business Development, Mr. Haruna JaloWaziri.
•Govt reimburses cost of Federal roads repairs NOTHER “bonanza” has landed for states. They are to share N535.5 billion —the Federal Government’s reimbursement of the cash spent on federal roads. The decision was taken at yesterday’s National Economic Council (NEC) meeting at the State House, Abuja. The meeting was presided over by Vice President Yemi Osinbajo. Central Bank of Nigeria (CBN) Governor Godwin Emefiele told the meeting that 18 states – up from 11 as at last month – had benefited from the Special Interven-
NEWS
Page 49
From Augustine Ehikioya, Abuja
tion Fund aspect of the presidential relief package. Emefiele said some other states were being processed for the soft loan. This is part of President Muhammadu Buhari’s relief package designed to help states pay backlog of salaries and ease their financial challenges caused by the drop in allocation from the Federation Account. The Director-General of the Debt Management Office, DMO, Mr. Abraham Nwankwo, told the NEC that the second phase of the debt restructuring offered to the states was Continued on page 6
6 GOVT TO SAVE N180B IN NEW ITF SCHEME P11 P46 •INSIDE: CBN: NO NAIRA DEVALUATION P4
Saraki fails to stop trial Court to tribunal: show why Senate President’s prayers shouldn’t be granted From Eric Ikhilae, Abuja
Six held for alleged bid to swallow $156,000 cash
S
ENATE President Bukola Saraki failed yesterday to stop his arraignment today before the Code of Conduct Tribunal (CCT) in Abuja A Federal High Court in Abuja refused his prayer for an ex-parte order restraining the CCT, the Code of Conduct Bureau (CCB) and the Office of the Attorney General of the Federation (AGF) from proceeding with his planned arraignment on a 13count charge brought against him by the Office of the AGF. Justice Ahmed Mohammed, who heard Saraki’s lawyer, Mahmud Magaji (SAN), in relation to the ex-parte motion in chambers, directed that the respondents be put on notice. The judge directed the respondents to appear before the court on Monday to show cause why Saraki’s prayers, as contained in his ex-parte motion, should not be granted. The Judge ordered that the respondents be served with all the court processes, including the motion of notice for interim order or injunction, motion ex-parte and a hearing notice. The office of the AGF had filed the charge
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•Onwuasoanya...swallowed $111,000 in 74 wraps
•Some of the dollar bills
Continued on page 6
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WILL THE CHIBOK GIRLS EVER RETURN?
INSIDE •EFCC declares Saraki’s associate wanted for alleged N3.3b fraud •PAGE 6 •CCB relocates Buhari’s, Osinbajo’s, others’ assets files
•Nwokenta...held while trying to swallow $45,000 cash •The wrapped dollar bills
IX persons, including a Bureau de Change (BDC) operator, have been arrested for allegedly trying to swallow $156,000 in a money laundering bid. The National Drug Law Enforcement Agency (NDLEA) Joint Task Force (JTF) smashed the money laundering syndicate at a hotel on Airport Road, Ikeja, Lagos. This is the second suspected money laundering case involving a BDC operator in two months. The suspects are: Kingsley Nwokenta, the BDC operator, who is also known as Buchito, Augustine Onwuasoanya and Christian Ifor, who are based in Brazil. Others are Emmanuel Nwokenta, Ikenna Ezenwa, and Uzoma Ezenwa, the hotel manager. NDLEA JTF Commander Muyiwa Adeniyi described the BDC operator as the brain behind the criminal act. He (Nwokenta) allegedly supplied $120,000 to be swallowed and exported to Brazil. Onwuasoanya swallowed 74 wraps of dollar bills
By Kelvin Osa Okunbor
amounting to $111,000; Ifor wanted to swallow $45,000. Nwokenta, manager of Amazon Bureau de Change, played a supportive role in the alleged crime, it was alleged. Ezenwa was hired to wrap the money. NDLEA Chairman/Chief Executive Ahmadu Giade promised to track down smuggled narcotics and currency. He warned that BDC operators who fail to work within the law establishing them would be sanctioned. “The agency will continue to rely on manpower training to outwit criminal syndicates. We shall take reasonable measures to dislodge drug cartels and eradicate narcotics from our society. Any bureau de change operator that violates the law shall be punished accordingly,” Giade said. Giade directed that the suspects be transferred to the Economic and Financial Crimes Commission (EFCC).
•ANTI-MILITARY PROTESTS IN BURKINA FASO P53 APC BERATES PDP OVER BUHARI P4