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THE

DAILY

TIMES

NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts

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FOI: NCC replies Daily Times, seeks 7-day extension to respond on Etisalat’s $1.2bn loans

Mathew Dadiya, Abuja

ÏÏÏ

The Nigerian Communication Commission (NCC) has replied The Daily Times on its request for information on Etisalat’s $1.2billion loans; and requested for a seven- day ex-

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tension of time to enable it to respond appropriately. The NCC’s letter, titled: “Re: Transfer of a Request Pursuant to Section 5 of the Freedom of Information Act (FOI), 2011, was addressed to the Daily Times Editor. Continued on page 5

WEDNESDAY, NOVEMBER 8, 2017 VOL. 3. NO. 495

N150

GLOBAL FINANCIAL/COMMODITY MARKETS

CURRENCIES/CBN: CBN: N305.90 PER DOLLAR, Parallel Market: USD N363 POUND N475 EURO N421 NSE: ASI 36, 930.83 MARKET CAP 12.78 FMDQ O/N 38.92 OBB 37.50 COMMODITIES: Wheat US $427.60/MT Rice US $11.22/MT Cocoa US $2,099.00/Bag Coffee US $125.90/Scoop Cotton US $68.61/Unit Sugar US $14.41/Ounce METALS: Gold US $1272.90/Ounce Silver US $16.79/Ounce Copper US $3.15/Ounce ENERGY: Brent US $63.10/PB, N/Gas US $3.09/CB

N8.612trn Budget: Power, Agric, Education get lion’s share Olufemi Samuel and Henry Omunu, Abuja

Ï Power, Works & Housing- N555.88bn; Agric - N118.98bn; Education-N109.06bn Ï Oil benchmark pegged at $45 per barrel Ï Deficit to be financed with N1.6trn loan Ï Saraki, Dogara hail Buhari over early presentation of 2018 Budget

ÏÏÏ President Muhammadu Buhari on Tuesday presented a budget estimate of N8.612 trillion for the 2018 fiscal year. The president, who presented the budget to the joint session of the National assembly in Abuja, Continued on page 6

Anxiety trails health status of Ekwueme Senate orders abolishment of Excess Crude Account 7

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GAC Motor leverages Lagos to boost Nigeria’s sports 6 development Tax Havens: FG to crosscheck offshore tax declaration by Nigerians 5

President Muhammadu Buhari (right), presenting the 2018 Appropriation Bill to a joint-session of the National Assembly in Abuja… on Tuesday. With him is the Senior Special Assistance to President on National Assembly Matters (Senate), Sen. Ita Enang.


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