Zenith Maintains Lead in Forex Allocation from CBN Obinna Chima For the second week in a row, Zenith Bank Plc has maintained its lead with the highest allocation of foreign exchange from the Central Bank of Nigeria (CBN), the
returns on utilisation of forex published by banks last week have shown. Zenith Bank with an allotment of $23,630,485.39 was closely followed by Guaranty Trust Bank Plc (GTBank) which got $23,549,564.32, to come
in second, while Standard Chartered Bank Nigeria Limited with $20,003,513.17 held the third slot. Also, Ecobank Nigeria which published returns of $15,120,559.25, held the fourth position, while First
City Monument Bank Limited (FCMB) with $14,780,851.20, occupied the fifth position. In the same vein, First Bank of Nigeria Limited (FirstBank) reported returns of $14,518,891.10 to occupy the sixth place, just as Access
Bank Plc with $12,569,794.24, held the seventh place. Diamond Bank Plc with $11,525,173.56, was in the eighth slot. Diamond Bank was followed by Union Bank of Nigeria Plc which reported
returns of $11,058,653.79, United Bank for Africa (UBA) Plc – $8,536,168.37, Citibank - $8,006,422.11, and Fidelity Bank Plc $7,125,684.54. Continued on page 6
NNPC Unveils Strategies to End Current Fuel Scarcity in Next Few Days… Page 10 Tuesday 29 March, 2016 Vol 21. No 7642. Price: N150
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PDP Commences Committal Proceedings Against Amaechi, Army Chiefs, Others Transportation minister: Action is frivolous, ridiculous, laughable Olawale Olaleye in Lagos and Ernest Chinwo in Port Harcourt The Peoples Democratic Party (PDP) in Rivers State has asked a High Court sitting in Port Harcourt to commit the Minister of Transportation, Mr. Chibuike Amaechi, the Chief of
Defence Staff, General Abayomi Olonishakin, and Chief of Army Staff, Lt.-Gen Tukur Buratai, to prison for deploying soldiers during the March 19 rerun elections in defiance of a court order. Others included in the committal proceedings are the Commander of
the 2 Army Brigade, Port Harcourt, Brigadier General Stephenson Olabanji, the Independent National Electoral Commission (INEC), and Rivers State Resident Electoral Commissioner (REC), Mr Aniedi Ikoiwak. Reacting to the development, Amaechi,
who said last night that he was unaware of the matter in court, as he had not been served the process, however, described the move by the PDP as “frivolous, ridiculous and laughable”, promising to meet the party in court. The ruling party in the state and its chairman, Mr.
Felix Obuah, sought for the relief in a motion of notice filed by their solicitor, Kingsley Chuku, before the state High Court registry on March 22. The motion was bought pursuant to Order XIV of the Fundamental Rights (Enforcement Procedure),
Rules 2009 under the jurisdiction of the state High Court. The Rivers PDP and its chairman had earlier in a Suit No PHC/601/2016, filed before the state High Court by Mr. Chuku, secured Continued on page 8
Nigerians Mourn Passing of Fiery Lawyer, Activist and Presidential Hopeful, Tunji Braithwaite Tobi Soniyi, Onyebuchi Ezigbo in Abuja and Shola Oyeyipo in Lagos Family, friends, political associates and legal luminaries yesterday thronged the Teslim Elias residence of the late fiery lawyer, politician and human rights activist, Dr. Tunji Braithwaite, 82, who died at 5.55 am yesterday. The second son of the deceased, Olumide Braithwaite, said his late father suffered a stroke and heart failure.
However, online news website, The Cable, said Braithwaite died one week after losing consciousness while working out on his treadmill at home. He was said to have been rushed to St. Nicholas Hospital, Lagos, but never regained consciousness. Born in 1933, the celebrated lawyer was born into a family of many firsts, the Braithwaite family in Lagos. In 1880, Rev. I. Braithwaite led the first Anglican missionary
expedition, which introduced the gospel to the Ijebu province in today’s Ogun State. In 1894, the reverend built St. Michael’s, the first church in Epe in today’s Lagos State, after which his efforts led to the growth of church attendance. There is now a second Anglican church – the Reverend Braithwaite Memorial Anglican Church – named after him in Papa Epe. Continued on page 6
Braithwaite
FG Sends Photograph of Suicide Bomber to Chibok Community for Identification… Page 9