Tuesday May 17th 2016

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FG, Labour Meeting Deadlocked, to Continue Parley Today

Unions insist on new minimum wage, reconstitution of PPPRA board House in rowdy session, asks labour to shelve strike Oil rises to six months high Iyobosa Uwugiaren, Damilola Oyedele, Chineme Okafor, Paul Obi in Abuja and Ejiofor Alike in Lagos with agency report The meeting held last night between the federal

government and organised labour aimed at averting threats of a crippling nationwide strike by the Nigeria Labour

Congress (NLC) and Trade Union Congress (TUC) to protest the removal of the subsidy on petrol and the

consequential hike in the price of the commodity ended in a deadlock, as both sides remained unyielding but have

agreed to continue the meeting today at 3 pm. Sources who participated in the meeting said the unions

UBA Leads as CBN Forex Sales to Banks Drop to $131m… Page 6

informed the government team that they would only rescind their resolve to embark on the nationwide strike if it accepted their demands for a Continued on page 8

Tuesday 17 May, 2016 Vol 21. No 7691. Price: N250

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Obama Mulls Visit as US Okays Sale of 12 Attack Aircraft to Nigeria Proposal awaits congressional approval fight with Senator Leahy, others Senator Iroegbu with Agency Report As United States President Barack Obama tinkers with a trip to Nigeria in July, the US government has said it is

poised to sell up to 12 light attack aircraft to Nigeria. The decision on arms sales is coming less than two years after the US blocked the sale of American-made Cobra attack helicopters to

Nigeria from Israel because of human rights violations in the country’s prosecution of the war against Boko Haram. A report in the New York Times on Sunday said the sale was part of efforts to support

Nigeria’s fight against the Boko Haram terror group. But the pending sale of the Super Tucano attack warplanes — which would require congressional approval — is already coming

Dangote: I’m in Business Not Just to Make Money, But to Help Africa Africa’s richest man and the

President of Dangote Group, Alhaji Aliko Dangote, has stated that he’s not in business solely to make money, but is just as interested in developing Africa and humanity, hence his philanthropic works through his foundation. He equally said that labelling Nigeria corrupt based on past misdeeds undermines the efforts of President Muhammadu Buhari to rid the country of graft, and called on leaders of countries where stolen assets are hidden to assist in repatriating the stolen funds and support the federal government’s

anti-corruption drive. Dangote, who spoke in an interview on THISDAY’s sister cable news network, Arise News, also observed that the anti-corruption fight was so intense that he could be arrested if found wanting. According to him, “A lot of people just have an impression of Nigeria based on what they have heard from the media. This is very wrong. Nigeria might be ‘fantastically corrupt’ but that was in the past, not now. “There is a difference between was and is. President Buhari is doing his very best to rid Nigeria of corruption.

There are no limits. I am sure that if I am found wanting tomorrow, nobody is going to save me, everybody will face his own music. I think the president is doing well and he needs our support. “That is why the call for the return of stolen assets should be supported. If a corruption case is established everything should be done to return the assets to the owners. “If you remember the Abacha loot that people keep talking about, up till now we are still struggling to repatriate the funds since Continued on page 6

White House, State Dept brace for

Dangote

under criticism from human rights organisations that say President Muhammadu Buhari has not done enough to stop the abuses and corruption that flourished in the military under his predecessor,

Goodluck Jonathan. According to the New York Times, “Officials at the White House, the State Department and the Pentagon have been Continued on page 6


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Tuesday May 17th 2016 by THISDAY Newspapers Ltd - Issuu