Wednesday, april 29, 2015 binder1

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A media partner of Sanctity Of Truth

NIGERIA’S MOST AUTHORITATIVE NEWSPAPER IN POLITICS AND BUSINESS

Wednesday, April 29, 2015

/newtelegraph

Vol. 2 No. 434

@newtelegraph1 www.newtelegraphonline.com

APC lifts embargo on AIT 's coverage of buhari

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Jonathan orders payment of oil importers' debts Adeola Yusuf and Johnchuks Onuanyim

P

resident Goodluck Jonathan has ordered the Coordinating Minister for the

Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, to raise Sovereign Debt Notes (SDNs) and pay part of the N215 billion backlog of interest and foreign exchange dif-

ferentials on fuel subsidy, which the government owes oil importers. The president, a source told New Telegraph yesterday, decided to intervene to ease the lingering

nationwide fuel scarcity, which again, seeped into Lagos last week, following recommendations to him by the Department of State Service (DSS). The DSS, it was learnt,

had earlier summoned the Executive Secretary of the Major Oil Marketers Association of Nigeria (MOMAN), Mr. Thomas Olawore, after he threatened at a press

conference last Friday that members of his association would freeze fuel importation due to a total of N256.2 billion debts on subsidy, interCONTINUED ON PAGE 6

Freed from Sambisa

lHeroic Nigerian soldiers rescue 293 females

Quick Read

Editorial

Grappling with Lagos gridlock

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File picture of jubiliant soldiers

Pay workers before you go lNLC gives govs deadline to settle salary arrears

Nurudeen Senate passes Yekeen Abuja N4.4trn orkers are warming budget }3 Wup for confrontation

with governors owing salaries which, in some states, are up to eight months. The Nigeria Labour Congress (NLC) yesterday told the governors, espe-

cially the outgoing ones, to ensure that they clear the salary arrears before the May 29 handover date or face an industrial crisis. Benue, Plateau, Osun,

and Ekiti states are among states owing workers’ salaries between six to eight months’ arrears. NLC said it had directed its members in the affected

states to commence mass protest from May 1 when Workers' Day would be observed worldwide till May 29 when the outgoing govCONTINUED ON PAGE 2


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