BusinessDay 22 Sep 2019

Page 1

Tribunal verdict: Join me to build Analysts seek regulation, reform to reduce Delta, Okowa tells Ogboru number of trucks on Nigerian roads Francis Sadhere, Warri

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AMAKA ANAGOR-EWUZIE

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elta State Governor, Ifeanyi Okowa, has extended an olive branch to his rival in the March 9 gubernatorial election, Great Ogboru of the All Progressives Congress (APC), urging him to join his administration in building a stronger state. He made the call at an interContinues on page 4

orried by the incessant accidents caused by recklessness of drivers of container-carrying trucks and tanker trailers, analysts have called for the establishment of truck movement regulation as well as reform process that would reduce the number of trucks on Nigerian roads.

According to them, Nigeria also needs to reduce the number of tankers evacuating highly inflammable petroleum prod-

ucts, which on many occasions, upturn on the highway, resulting in expulsion and death of many innocent citizens. B D S U N DAY s e a r c h h a s shown that for Nigeria to achieve this there is need to develop a modern rail system that would take a large number of trucks (about 120 trucks at once) off Nigerian roads. This is because the use of modern rail system has been identified as the safest Continues on page 20

BDSUNDAY BUSINESS DAY

www.businessday.ng www.facebook.com/businessdayng Sunday 22 September 2019

Why 2023 is for Igbos to win or lose, by Chekwas Okorie

Plaudit for FG, Air Peace as 2nd batch of S’African returnees arrive fatherland

p. 22

How serial killers trap PH ladies in hotels

p. 40

Waiting for the magic wand from the President’s ‘wise men’ CHUKA UROKO

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major highpoint in President Muhammadu Buhari’s second coming was recorded last Monday when he named an Economic Advisory Council Continues on page 21

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Vol 1, No. 281 N300

?? Domestic investors control 53%

NPA’s collaborative efforts in war against sea piracy

p. 19

inside

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p. 29

transactions as equity valuations become attractive p.p 39 41.

2023: Is Osinbajo a

‘sacrificial lamb’? INNOCENT ODOH , Abuja and INIOBONG IWOK, Lagos

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ice President Yemi Osinbajo appears to have run into a political bad weather as a cabal allegedly operating under the shadows of President Muhammadu Buhari have allegedly bared their fangs against the professor of law as permutations for the 2023 elections get underway. The government in which the Vice President is a star figure and probably the most eloquent and articulate voice behind its policies is about to drown its own ardent champion. But this is not exactly unexpected especially in Nigeria full of political ‘jackals and hyenas’ (apologies to the First Lady Aisha Buhari). When news filtered in on Monday, September 16, that the Presidency had announced the replacement of the Economic Management Team (EMT), which Osinbajo chaired, with an Economic Advisory Council (EAC), to be chaired by Professor Doyin Salami, the floodgate of the vicious anti- Osinbajo campaign Continues on page 2

How VP incurred the wrath of Aso Rock cabal

‘The public humiliation was not necessary’

President Muhammadu Buhari

Vice President Yemi Osinbajo


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