CBN, Heritage Bank Provide N2bn Loan for Aquaculture Project Obinna Chima In a bid to further support the real sector and unlock the nation’s food potential, Heritage Bank Plc in collaboration with the Central Bank of Nigeria has provided
a N2 billion long term facility, under the Commercial Agriculture Credit Scheme, to Triton Aqua Africa Limited. TAAL, known as Triton Farm accessed the CACS through Heritage Bank, which will be used to set
up aquaculture businesses, including nursery/hatchery for the production of fingerlings and brood stock in Ikeja, and earthen ponds for catfish and tilapia in Asejire and Gambari in Oyo State as well as in Iwo,
Osun State. The company’s strategy is to embrace backward integration through production of fish locally to reduce importation of frozen fish and assist small scale farms by producing quality
breed fingerlings. According to a statement by TAAL, the Minister of State for Agriculture, Senator Heineken Lokpobiri, during a tour at Triton Farms commended the firm. He stated that the CBN and
Heritage Bank’s financial support to the company was fundamental as investment in food security was the most profitable venture anyone could think of. Continued on page 10
Reduction of MTN's N1.04tr Fine in Good Fate, Says Shittu… Page 8 Tuesday 27 December, 2016 Vol 21. No 7922. 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
Presidency: Why Buhari is Silent over Killings in Southern Kaduna 6 more persons killed in Jama'a despite curfew Tobi Soniyi and Adedayo Akinwale in Abuja and John Shiklam in Kaduna Buffeted by searing criticism of his cold silence over the serial killings in Southern Kaduna, Kaduna State, the
CAN condoles victims
presidency said yesterday that President Muhammadu Buhari had been mute because the state Governor, Malam Nasir el-Rufai, had been on top of the situation. Continued on page 8
Nigeria’s Crude Oil Reserves Rise to 37bbls
Gas now 192 tcf NNPC earns 35 per cent discount on renegotiated contracts in 2016 Chineme Okafor in Abuja The relative peace in the Niger Delta has begun to yield dividends as the nation’s crude oil reserves, which had plummeted to 28.2 billion barrels (bbls) at the height of militant attacks on oil infrastructures, have
now risen back to 37 billion barrels. Also hauled in is the improved 192 trillion cubic feet of gas (tcf) from the previous 186 tcf figures. A statement in Abuja by NNPC’s Group General Manager Public Affairs, Mr. Continued on page 8
Two Die As Vigilant Youths Foil Bomb Attack on Maiduguri… Page 10
FELICITATIONS AT CHRISTMAS…
Lagos State Governor, Mr. Akinwunmi Ambode (middle); Chairman, Island Club, Mr. Oladipo Okpeseyi (right); and Ooni of Ife, Oba Adeyeye Enitan Ogunwusi (left) during the club’s Christmas Eve Dance at the Island Club Road, Onikan, Lagos… weekend