Emefiele: InfraCo to Unlock N8 trillion Pension Funds’ Assets for Deployment to Bankable Infrastructure Projects Across Nigeria Signs terms sheet with four asset managers Nume Ekeghe The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele yesterday announced that the
Infrastructure Corporation of Nigeria (InfraCo) would unlock N8 trillion of pension funds’ assets to be deployed into bankable infrastructure projects
across Nigeria. Emefiele also announced the appointment of Mr. Lazarus Angbazo as Chief Executive Officer of InfraCo and signed
terms agreement with four Infrastructure Asset Managers – the AAA Consortium, Chapel Hill Denham, Africa Infrastructure Investment Managers and Sanlam
Infra works. Infracorp is being promoted by the Africa Finance Corporation (AFC) and the Nigerian Sovereign Investment Authority, with
KPMG as transaction advisers. Also, with their Legal Advisers Kenna Partners, Olaniwun Ajayi, Continued on page 5
CBN’s Crackdown on Cryptocurrency Trading Results in N1.314bn Fines for Six Banks in 2021... Page 5 Saturday 9 April, 2022 Vol 27. No 9860
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ICAN to Buhari: Use Forensic Accounting to Unravel Financiers of Terrorism ... Page 5
Court: Nnamdi Kanu Must Stand Trial on 7 Terrorism Charges Refuses to acquit, discharge him, strikes out 8 other counts, to rule on bail application May 18 Alex Enumah in Abuja Justice Binta Nyako of a Federal High Court, Abuja yesterday
ordered the leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu to stand trial on only seven of
the 15-count alleged terrorism charges against him. Justice Nyako made the order while ruling on Kanu's
application to quash the charge preferred against him by the federal government. The application, premised on
34 grounds and supported by a 36-paragraph affidavit, also sought an order to acquit and discharge Kanu.
Delivering ruling in the application, Justice Nyako struck Continued on page 5
Search for Consensus Presidential Candidate in PDP Falters, Atiku Insists on Primary Election Our Correspondents The quest by some presidential aspirants of the Peoples Democratic Party (PDP) for a consensus flagbearer for the party ahead of their Presidential primaries is looking more like a fruitless mission, with former vice president Atiku Abubakar and two others (Dele Momodu and Mazi Sam Ohuabunwa) insisting that all aspirants must face the party’s delegates in “democratic primary election.” The four aspirants in the forefront of the campaign for consensus - former President of the Senate, Bukola Saraki; Governor Bala Mohammed of Bauchi State; Governor Aminu Tambuwal of Sokoto State and the former Managing Director of FSB International Bank, Mohammed Hayatudeen – have been crisscrossing the country in the last few weeks, promoting the consensus flagbearer idea. Only last Wednesday, the pro-consensus aspirants led by Saraki met with Governor Nyesom Wike of Rivers State,
where the issue of consensus flagbearer topped the agenda and strategies for actualising the mission mapped out. Wike, while speaking after the meeting, said their interest was to ensure the consolidation of unity in the party. He said they were developing a formidable strategy that would enable the PDP coast to victory in the 2023 presidential election. Atiku was, however, absent from the meeting. The pro-consensus presidential aspirants had earlier met with Governor Seyi Makinde of Oyo State and Governor Ifeanyi Okowa of Delta State on the issue. A source close to the former vice president told THISDAY last night that Atiku would never be part of any consensus arrangement for the presidential ticket of the PDP. The source said some of the proconsensus presidential aspirants, led by Saraki, met with Atiku in his house in Abuja last week and that the former vice president told them bluntly that what they were Continued on page 5
TALKING FIGURES WITH ACCOUNTANTS… President Muhammadu Buhari with the President of the Institute of Chartered Accountants of Nigeria, (ICAN), Comfort Eyitayo, during the visit of members of the institute to Buhari at the Presidential Villa, Abuja...yesterday GODWIN OMOIGUI
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