Thursday 9th June 2016

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Due Process Delays Release of N350bn Capital Vote FG pledges turnaround for economy

Tobi Soniyi in Abuja The federal government said yesterday that its knack for due process was responsible

for the delay in releasing the N350 billion vote for infrastructure it intended to reflate the economy and get contractors back to site.

The federal government, which had promised to release the money immediately the 2016 budget was passed, however, assured

Nigerians that better days were ahead as it said it had the magic wand to turn the ailing economy around. Briefing State House

correspondents after the Federal Executive Council (FEC) meeting chaired by the acting President Yemi Osinbajo yesterday, the

Minister of Budget and National Planning, Senator Udo Udoma, said government Continued on page 6

Saraki Speaks One Year After His Coup Against Tinubu, Others… See Pages 16 & 17 Thursday 9 June, 2016 Vol 21. No 7714. Price: N250

www.thisdaylive.com TR

TODAY'S WEATHER

ABUJA 16°C-33°C

MAIDUGURI 15°C-35°C

UT H

& RE A S O

ENUGU 22°C-34°C

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KANO 11°C-33°C

LAGOS 23C-31°C

PORT HARCOURT 20°C-30°C

N’Delta Militants Strike Chevron Again as Nigeria Risks Losing Oil Market to Iran Ejiofor Alike in Lagos, Sylvester Idowu in Warri and Emmanuel Addeh in Yenagoa with agency report Following the incessant production outages and force majeure declared on exports of some grades of Nigerian crude oil, which have created supply uncertainty to the major buyers of Nigeria's crude oil, mostly foreign refineries, the refineries from India to the United States are backing away from buying

Nigerian oil and turning to Iran and other Middle East countries for sustainable crude oil supply. The uncertainty about deliveries of Nigerian crude to the foreign buyers due to supply disruptions has heightened in recent months as the country squares up to the new militant group in the Niger Delta, the Niger Delta Avengers (NDA), which yesterday claimed it had struck Continued on page 6

Keshi, Former Super Eagles’ Player, Coach, Dies At 54

Buhari, Jonathan, Saraki, others mourn Femi Solaja The soccer world was yesterday jolted by the shocking news of the death of Stephen Okechukwu Keshi, former captain and chief coach of Nigeria’s national team, the Super Eagles. He was 54. “Nigeria today lost a great sportsman, football player, Continued on page 8

REFLATING THE ECONOMY Late Keshi

L-R: Acting President, Prof. Yemi Osinbajo, Minister of Solid Minerals, Dr. Kayode Fayemi, and Minister of Justice and Attorney-General of the Federation, Mr. Abubakar Malami, at the Federal Executive Council (FEC) meeting in Abuja… yesterday godwin omoigui


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