Friday 7th October 2016

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Nigeria Needs Infrastructure, Not iPhones, Adeosun Tells Donors, Foreign Investors IMF dangles zero interest rate before low-income countries, FG may shun offer Senate invites president to brief N’Assembly on the economy At $52 oil hits four months high Chika Amanze-Nwachuku, Obinna Chima in Washington D.C, Omololu Ogunmade in Abuja and Ejiofor Alike in Lagos with agency report The Minister of Finance, Mrs.

Kemi Adeosun, has informed multilateral donor institutions and investors that Nigeria is hungry for infrastructure that

can trigger growth, not iPhones and pricey suits that will drive consumption. Adeosun spoke Wednesday

night at a session during the International Monetary Fund (IMF)/World Bank annual meetings in Washington D.C.,

saying investors must start to realise that western economies are matured and offer lower returns, while Africa with

Ghana Starts Fuel Exports to Nigeria, Others… Page 54

its infrastructure gap offers greater returns. The minister made the remarks on the heels of the announcement by the IMF that Continued on page 8

Friday 7 October, 2016 Vol 21. No 7841. Price: N250

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Again, Dislodged Vandals Strike, Abduct Vice-Principal, Teacher, Students from Lagos School… Page 10

FG Withdraws Forgery Charges Against Saraki, Ekweremadu Tobi Soniyi in Abuja The federal government yesterday withdrew the charges of criminal conspiracy relating to the alleged forgery of the Senate Standing Orders, 2015, filed against Senate President Bukola Saraki and his deputy, Ike Ekweremadu, at the Abuja High Court. In doing so, the Ministry

of Justice filed an application to amend the charges and attached the amended charges. In the new charges, only the former clerk of the National Assembly, Mr. Salisu Maikasuwa, and a former deputy clerk, Mr. Ben Efeturi, were listed as the accused persons. Continued on page 10

Again, Buhari Hails Jonathan’s Patriotic Zeal, INEC for Success of 2015 Polls

Tobi Soniyi and Onyebuchi Ezigbo in Abuja

President Muhammadu Buhari has again credited former President Goodluck Jonathan with the success of the 2015 general election, saying that his patriotic zeal and the impartiality of the Independent National Electoral Commission (INEC)

ensured the success of the elections. Speaking at the Leadership Annual Awards organised by the publishers of Leadership newspapers, Buhari also congratulated his joint award winners – Goodluck Jonathan and Professor Attahiru Jega, the former Chairman of INEC. Continued on page 8

INEC Issues Certificate of FROM FIGHTERS TO TECHNICAL GURUS… ex-Niger Delta agitators trained under the Presidential Amnesty Programme showcasing a newly Return to Obaseki… Page 12 Twenty-three refurbished transformer that they coupled as part of their graduation project in Port Harcourt, Rivers State… recently


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