Trump Appoints Nigerian, Ogunlesi, into Economic Team Demola Ojo with agency reports Nigerian business mogul, Adebayo Ogunlesi, has been named as one of those who will advise US President-elect Donald Trump on the American economy. The 63 year-old chairman
of Global Infrastructure Partners, a private equity firm and a Fortune 500 company, is the only African in a 16-man economic advisory forum, which has Steve Schwarzman, CEO of private-equity giant, Blackstone, as chairman. The members of the forum include CEOs from Disney, JPMorgan, General Motors,
and Boeing. Blackstone said two days ago that Schwarzman would head a group of business leaders to "frequently" advise President-elect Donald Trump on economic matters. "President-elect Donald J. Trump today announced that he is establishing the President's Strategic and Policy
Forum." Blackstone added in the release, "The Forum, which is composed of some of America's most highly respected and successful business leaders, will be called upon to meet with the president frequently to share their specific experience and knowledge as the president implements his plan
to bring back jobs and Make America Great Again,". Through Global Infrastructure Partners, Ogunlesi has a majority stake in London Gatwick airport. In 2009, Global Infrastructure Partners acquired the majority share in London Gatwick Airport Continued on page 8
Buhari, Kerry Congratulate Barrow, Commend President Jammeh ...Page 10 Sunday 4 December, 2016 Vol 21. No 7899
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For the 8th Time, Falcons Win African Women’s Cup Demola Ojo and Tobi Soniyi Nigeria's female football team, the Super Falcons, yesterday defeated hosts Cameroon 1-0 at the Stade Ahmadou Ahidjo in Yaounde to successfully defend their Africa Women Cup of Nations title. The victory made it the eighth time the Falcons will win the competition in 10 editions. The Nigerian women have dominated the competition since its inception in 1991, only failing to be champions on two occasions. Falcons forward Desire Oparanozie scored the winContinued on page 8
DEEPENING NIGERIA-MOROCCO TIES
R-L: President Muhammadu Buhari and King of Morocco, His Majesty Mohammed VI, during the signing of 17 trade agreements at the Presidential Villa Abuja ...Friday STATE HOUSE
Presidency: Yes, Consolidated Accounts Overdrawn, But Sanusi Wrong on Figures CBN says seed of current economic crisis planted by past public office holders
Kunle Aderinokun in Lagos, Francis Ndubuisi, Tobi Soniyi and James Emejo in Abuja The presidency has faulted allegations made by former CBN Governor, and Emir of Kano, Mallam Muhammad
Sanusi II, on the state of the economy, maintaining that the former apex bank boss did not get his facts right. Sanusi had at a policy dialogue organised by the Savannah Centre for Diplomacy, Democracy and Development (SCDDD), criticized President
Muhammadu Buhari administration for relying on massive fiscal expansion and a faulty foreign exchange policy that discourages investment to get the country out of the
current recession. The former CBN governor, who delivered a keynote address titled, “A Plan to Restore Confidence, Direction and Growth”, had frowned
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on a development whereby the CBN had become government’s lender of “first” resort rather than last, accusing the apex bank of a clear violation of CBN Act of 2007 (Section 38.2) which limits advances to the federal government at 5 per cent of the previous year’s
revenues. Sanusi had put the CBN total loan, overdraft to government at N4.7trn adding that the current CBN overdraft to federal government was more than 10 times the prescribed Continued on page 8