The Nigerian
THE NIGERIAN
1
TUESDAY, DECEMBER 16, 2014
PUBLISHED SINCE MAY 29, 1968 • Vo l . 39 • NO.143 • TUESDAY, DECEMBER 16, 20 14 • N 100.00 DRUMBEATS Page 19
Who is a wealthy man?
. The Bill Gates Story (2)
Family Medicine
Edo signs MoU with UBTH
BENIN CITY – As part of the efforts to boost family medicine practice in Edo, the State government through the Hospitals Management Board yesterday signed a Memorandum of
Understanding (MOU) with the Department of Family Medicine, University of Benin Teaching Hospital (UBTH), Benin City. Signing the MOU on
behalf of the State government, Edo State Commissioner for Health, Dr. (Mrs.) Aihanuwa Eregie re-instated the state government’s readiness to partner with any serious minded
person or organizations to improve the health sector of the state. Commending the management of UBTH for the laudable initiative, she said that the Continues on page 2
Buhari picks Osibajo as running mate
ISSUES Page 21
Austerity measures Mechanics of Monetary, fiscal policies
BENIN CITY - The anxiety over who emerges as the vice presidential candidate of the All Progressives Congress (APC), may have been laid to rest, as the party’s flag bearer, General Muhammadu Buhari, yesterday picked former Attorney General of Lagos State, Professor Yemi Osibajo as his vice presidential running mate. Buhari picked Osibajo The meeting was ahead of other names, attended by the national including governor of leader of the party, Bola Rivers State, Rotimi Tinubu, the immediate Amaechi and Governor past National Chairman Adams Oshimhole of Edo of the party, Bisi Akande, State, as well as former the immediate past Ekiti State governor, Governor of Ekiti State Kayode Fayemi. and Chairman of the It was not clear as at National Convention press time if Osibajo had Committee of the party, been ratified by the party Kayode Fayemi, leaders, especially those governors Babatunde from the South West who Fashola [Lagos], Ibikunle are meeting to take a final Amosun [Ogun], Rauf decision on the issue. Aregbesola [Osun] and Chieftains of the party Abiola Ajimobi [Oyo]. from the Southwest Others present at the geopolitical zone, had meeting include Segun been meeting since Oni [Deputy National Sunday night to Chairman, South], Pius deliberate on the choice Akinyelure [Vice of Buhari’s running mate. Chairman, South West],
Tajudeen Olawutan Bello [National Financial Secretary], Lai Mohammed [National Publicity Secretary], and Muiz Banire [National Legal Adviser].
Sources at the APC leaders’ meeting had on Saturday night hinted that the vice president’s slot has been zoned to southwest because the defunct All Congress of
Nigeria, ACN is rooted in the zone. The source explained that Buhari has taken the slot for CPC, which is thought to be a junior partner, the least the ACN bloc as a senior partner
in the merger could get is the number two position. Professor Yemi Osibajo is a Senior Advocate of Nigeria and Senior Partner in the Law firm of Simmons Cooper Partners. Yemi Osibajo is a professor of law and was the head of department of Public Law at the University of Lagos (1997-1999). Continues on page 2
Infrastructural Devt
PDP member, community leaders commend Oshiomhole
BENIN CITY - A PDP member in Edo State, Mr. Nathaniel Awala has congratulated Edo State Governor, Comrade Adams Oshiomhole for putting smiles on the faces of Edo people through his infrastructural development in the state. Mr Awala who was at the scene of the Comrade Governor ’s
inspection of the ongoing road construction at Upper Siluko road, in Benin City yesterday said, “This is not about PDP or APC, I am a PDP man and am congratulating you today because you have put smiles on the faces of the people of Edo who never thought of seeing smiles. You see those houses that were submerged;
TIT BIT “Someone is sitting in the shade today because someone else planted a tree long ago”. - Warren Buffet
many of the owners are Continues on page 2
CHRISTMAS CAROLS: Children performing at the Naval Officers Wives Association (NOWA) Christmas Carols in Lagos yesterday.
Fuel scarcity re-surfaces
BENIN CITY – With less than 24 hours into the ongoing strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), the multiplier effects have taken their toll on motorists and commuters in Benin City and its metropolis. As at noon yesterday, all the petrol stations visited in Benin City, including NNPC Mega stations were devoid of normal business activities as none of them opened for sale of
petroleum products. This development resulted in scarcity of petroleum products and subsequent reemergence of black marketers of Premium Motor Spirit (PMS), otherwise referred to as fuel.
Managers of some of the petrol stations, Chairman of Independent Marketers Association of Nigeria (IPMAN), Benin Depot, Mr. Douglas Iyiki in a chat with The Nigerian OBSERVER said the union is not on
strike, but disclosed that the PMS in Benin depot finished on Friday last week. According to him, only PENGASSAN and the National Union of Petroleum and Natural Gas (NUPENG) members are on strike.
He disclosed that there was no scarcity as such, but “perennial scarcity”. Managers of some of the petrol stations visited who declined mentioning their names said they decided to close down because they were not Continues on page 2
TCN explains load shedding in parts of Benin
BENIN CITY - The Management of Transmission Company of Nigeria, Benin Region wishes to inform the public that a
section of Benin City is experiencing load shedding as a result of fault on one of its four
number 6OMVA 132/ 33kv transformers. The incidence occurred around mid night on
Thursday, December 11th, 2014. According to the Asst. Manager (Public Affairs) Elder Rufus Imafidon) Continues on page 2