September 25, 2015

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Newspaper of the Year

My abduction ordeal, by Olu Falae

Judge refuses to quit EFCC’s case

NEWS Page 7

NEWS Page 4

•‘I slept on the floor for three days’

•‘Agency’s fear unfounded’

•Nigeria’s widest circulating newspaper

VOL. 10, NO. 3347 FRIDAY, SEPTEMBER 25, 2015

TR UTH IN DEFENCE OF FREEDOM TRUTH

Fitch Ratings: Banks need liquidity injection

N150.00

Rumpus as Saraki, others pray in Ilorin •Police arrest eight •Senate President: I wasn’t attacked

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By Collins Nweze, Snr. Finance Correspondent

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NTERNATIONAL agency Fitch Ratings yesterday said Nigerian banks needed more liquidity following the withdrawal of public sector deposit. The agency said the withdrawal of the estimated N1.3trillion from the banks as a result of the implementation of the Treasury Single Account (TSA) meant that they lost 10 per cent of their deposits. The Central Bank of Nigeria (CBN), it said, should boost the banks’ liquidity. Continued on page 6

•www.thenationonlineng.net

•CBN boss Godwin Emefiele

ANY dignitaries yesterday had a bad Sallah experience in Ilorin, the Kwara State capital. They were pelted with missiles and water sachets in protest against what many described as a bleak Sallah. At the Eid praying ground were Senate President Bukola Saraki and many others.

From Yusuf Alli, Ilorin

The protesters were angry over the non-payment of workers’ outstanding salaries despite the bailout funds from the Federal Government. The government insisted salaries had been paid. The Emir of Ilorin, Alhaji Ibrahim Sulu-Gambari and the Chief Imam of Ilorin, Al-

haji Muhammadu Bashir (who had nothing to do with salaries) were not exempted by the protesters. The police arrested eight suspects in connection with the incident. More suspects were being hunted in the disruption of the Eid-el Adha festival, highly cherished Islamic injunction in Ilorin Continued on page 6

•INSIDE: CBN’S MEASURES PUT FIRMS IN TROUBLE P11 MBEKI PANEL BACKS BUHARI P5

Nigerians among 717 Saudi stampede victims SEE ALSO PAGES 6&8

Pilgrims Welfare Board chair dead From Jide Babalola, Abuja

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O fewer than 717 people, including Nigerians, taking part in the Hajj pilgrimage were yesterday killed in a stampede near the Islamic holy city of Mecca. Another 863 people were injured in the incident at Mina, which occurred as two million pilgrims were taking part in the Hajj’s last major rite. It is the deadliest incident to occur during the Hajj in 25 years. About two million people are performing Hajj this year including 70,000 Nigerians. One of Nigeria's respected Islamic intellectuals, Prof. Tijani El-Miskin, is among the casualties. El-Miskin was a professor of Arabic and Islamic Studies. He was among the 11 candidates who last year vied for appointment as University of Maiduguri Vice Chancellor. El-Miskin was Chairman of Borno State Pilgrims Welfare Board. In a text message from Saudi Arabia, Alhaji Umar Farouk, who went on the pilgrimage with the late El-Miskin, expressed deep grief over the loss of lives, adding that "whatever happens to man is the wish of Almighty Allah". He lectured at the Nigerian Defence Academy in Kaduna years ago. The late professor was well known as a strong advocate of the unity of the Muslim Ummah. Hundreds of pilgrims died during the stampede at Jamrat in Saudi Arabia They were participating in the devil-stoning rituals when the incident occurred WILL THE on Thursday morning. CHIBOK Preparations for this GIRLS EVER RETURN? Continued on page 6

•A woman being taken away on a stretcher ...yesterday

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•Saudi emergency personnel helping an injured person…yesterday.

•An injured person being taken away by emergency officials …yesterday. PHOTOS: AFP

•TINUBU: CORRUPTION WAR ’LL STRENGHTEN COUNTRY’S INSTITUTIONS P50


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September 25, 2015 by The Nation - Issuu