BusinessDay 30 Sep 2018

Page 1

BDSUNDAY BUSINESS DAY

58 years of pillars, caterpillars and locusts

p.16

Analysts predict bearish trend for Q4 as equities shed N1.65 trn YTD

Again, Art X Lagos spotlights contemporary African art p. 38

??

p. 37

Sunday 30 September 2018 Market & Commodities Monitor Brent Oil

5yr Bond

$82.72

-0.08 14.96%

Gold

10yr Bond

$1,196.50

-0.06 15.13%

Cocoa

$2,057.0

20yr Bond

177 jostle for APC governorship tickets

-0.07 15.15%

Lagos, Imo primaries shifted Party to amend constitution at convention Ajimobi, Fashola, Shettima, Ogbeh appointed committee members

inside Religion should be a tool for integration, not destruction – Prelate Kalu Uche p. 18

Vol 1, No. 236 N300

JAMES KWEN, Abuja

A

bout 177 aspirants are jostling for the governorship tickets of the ruling All Progressives Congress (APC) at the party’s governorship

primaries in 29 states today. Adams Oshiomhole, APC national chairman announced this Saturday during the inauguration of the Governorship Primaries Committee at the party’s National Secretariat, Abuja.

Oshiomhole said: “We have only 29 vacancies for governors and to fill these 29 vacancies, we have distinguished Nigerians, men and women, about 177 that applied.

P. 2

Araraume: Asset or liability to Imo APGA? p. 22

Adams Oshiomhole, national chairman of the All Progressives Congress (APC) with some members of the National Convention Committee (NCC) of the party during the inauguration in Abuja, yesterday. Kayode Fayemi (l), Abiola Ajimobi (2nd l) and others.

I am going to the Senate to liberate my people – Akpoti p. 24-25

Dredging: Making billions at the expense of Bayelsa environment p. 31

Hamzat turns in support for Sanwo-Olu, rumoured as running mate …As Ambode faces a tight fight Monday …36 Lagos lawmakers adopt Sanwo-Olu JOSHUA BASSEY

I

ncumbent Governor Akinwunmi Ambode of Lagos State faces a tough battle on Monday in the All Progressives Congress (APC) governorship primaries following ground-swelling realignment of forces against his second-term bid. The latest in what seems a conspiracy

against Ambode is the endorsement of Babajide Sanwo-Olu, Ambode’s main challenger, by Obafemi Hamzat, the third of the aspirant. Hamzat’s decision to turn in support for Sanwo-Olu finally nailed the speculations in the last one week, that he was in the race to limit Ambode’s chances. Since picking up and submitting his nomination and ex-

pression of interest forms three weeks ago, Hamzat, a former commissioner for works and infrastructure in the state, has been silent and seen doing nothing to suggest seriousness. BDSUNDAY gathered from sources close to the Lagos APC that Hamzat is being

p. 2


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BusinessDay 30 Sep 2018 by BusinessDay - Issuu