FG bows, suspends N5000 note issue

Page 1

...towards a better life for the people VOL. 25: NO. 61715

ONLINE | www.vanguardngr.com

**

N150

FRIDAY, SEPTEMBER 21, 2012

NON-IMPLEMENTATION OF RESOLUTIONS:

EXCESS CRUDE ACCOUNT

Govs drag Jonathan to court Page 5

Senate draws battle line •P.8

FG bows, suspends N5000 note issue •To enable CBN embark on more enlightenment •President may reverse administration's plan

By BEN AGANDE

F

OLLOWING the out cry from Nigerians over the planned introduction of the N5,000 note, the Federal Government has confirmed it is stepping down the introduction of the note by the Central Bank of Nigeria. Presidential spokesman, Dr Reuben Abati who confirmed this last Continues on Page 5

OIL SUBSIDY SCAM:

CAC hides suspects' files •P.6 Mr & Mrs ARIK AIR GROUNDED—Aviation unions, yesterday, protested alleged debt by Arik Air to Aviation parastatals at the General Aviation Terminal, GAT, of the Murtala Muhammed Airport, Ikeja, Lagos . INSET: L-R, Snr. Vice President, Operations, Arik Air, Mr. Rob Thomas; Managing Director, Mr. Chris Ndulue; and Vice Chairman, Sen. Aniete Okon at a press conference on the suspension of all its domestic operations held at the Murtala Muhammed Airport, Ikeja, Lagos.

What is their problem?

Sweet

& SOUR Donu Kogbara •P.17

C M Y K

Passengers groan as Arik is forced to The story of Bakassi peninsula suspend flight •P.59 Pgs.46 & 47


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
FG bows, suspends N5000 note issue by Vanguard Media Limited - Issuu