Newspaper of the Year
Man held with gun at Fayemi’s aide’s home
•Bamidele disowns suspect
Rating agencies differ on economy
NEWS
Page 37
NEWS
•NACCIMA faults IMF, OPS
Page 7
•Nigeria’s widest circulating newspaper
VOL. 8, NO. 2706 MONDAY, DECEMBER 23, 2013
•www.thenationonlineng.net
TR UTH IN DEFENCE OF FREEDOM TRUTH
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NEXIM to raise $60m for shipping line
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HE Nigeria ExportImport Bank (NEXIM) will go to the capital market next month to raise about $60 million to fund the sub-regional shipping line - Sealink. The Sealink take-off is to get more speed because there is “a huge market for the initiative within the two regions of West and
From Nduka Chiejina Assistant Editor, Abuja
Central Africa, which have about 26 countries with a combined GDP of $619 billion and a consumer base of 440 million people”. NEXIM Bank’s Managing Director Roberts Orya spoke in Abuja when he hosted the Comptroller-General of the Nigerian Immigration Ser-
vice (NIS), David Parradang. Orya noted that the gain expected from the project “is extremely huge and we believe that the primary advantages will come to Nigeria because we are the major trading partner”. The bank chief explained that when the shipping line comes on stream, two ships would be designated to carry
cargo and passengers, since Nigerians prefer to accompany their goods rather than send them as cargoes. Orya said: “We hope that by the time all of this is set up, two of them are going to carry both passengers and human beings, because if you look at the way our people move, they want to follow Continued on page 4
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Jonathan to Obasanjo: I’m fighting corruption President replies ex-president’s letter I’ve evidence of my claims, says Obasanjo
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Castro seeks U.S. relations
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UBAN President Raul Castro has called for “civilised relations” with the United States, saying the two countries should repect their differences.
From Yusuf Alli, Abuja
FTER 20 days of silence, President Goodluck Jonathan replied yesterday to ex-President Olusegun Obasanjo’s controversial letter, insisting that he is fighting corruption. He said corruption did not start during his administration and asked Obasanjo to name any “high corruption” case he had not addressed. Huge pension funds, running into billions of naira are missing. Aviation ministry bought N255 million bullet proof cars for Minister Stella Oduah. Besides, there are discrepancies in the cash sent to the Federation Account and oil sales proceeds from the Nigeria National and Petroleum Corporation (NNPC). Dr. Jonathan said Obasanjo lied against him in all the allegations he raised in his December 2, 2013 letter tittled: “Before it is too late”. He said unlike the case during the administration of Obasanjo between 1999 and 2007, no politician had been assassinated. He said he was surprised that Obasanjo, who did not deem it fit to probe the assassination attempt on his life during the countdown to the 2007 election could now raise a secuTEXT OF LETTER false rity alarm. To the ON PAGES 2 & 3 President, Obasanjo’s letter is subversive and a replica of similar ones he wrote which led to military interventions in the past. Jonathan, in his December 20, 2013 letter to the ex-President, said he had not discussed Continued on page 4
Foreign Page 56
‘Eagles can’t stop Argentina’
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HE man many believe to be the best lived, Diego Armando Maradona does not rate African champions Nigeria too highly and does not beleive the Super Eagles can defeat Argentina at the 2014 FIFA World Cup finals in Brazil. •Dr. Jonathan
Sport Page 23
•Chief Obasanjo
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That corruption is an issue in Nigeria is indisputable. It has been with us for many years...a number of Army Generals were to be retired because of corruption. The late General Murtala Muhammed wanted to retire some top people on corruption-related issues...
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Corruption has reached the level of impunity...if you are not ready to name, shame, prosecute and stoutly fight against corruption, whatever you do will be hollow...May God grant you the grace for at least one effective corrective action against high corruption ...
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Doctors strike for January 6
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HE Nigerian Medical Association (NMA) has threatened to begin an indefinite strike on January 6, if its demands are not met by the Federal Government. NMA National President Osahon Enabulele issued the deadline yesterday... News Page 6
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