THURSDAY 15TH FEBRUARY 2018

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Foreign Reserves Rally to $42.8bn As CBN, rice farmers move to add 2mt to national output Banks disburse N55bn under Anchor Borrowers' Programme Ndubuisi Francis in Abuja Nigeria's external reserves rallied to a new high of $42.8 billion on Tuesday with confidence returning to the economy as the continuing intervention of the Central

Bank of Nigeria (CBN) draws various exchange rates to convergence point. The figure is $2.4billion more than the $40.4billion

for last month. The Acting Director, Corporate Communications, CBN, Mr. Isaac Okorafor, declared yesterday that the

Bank's intervention in various sectors of the economy, including agribusiness, with emphasis on local production of rice has helped to conserve

foreign exchange. Speaking in Abuja at a press briefing by the Rice Farmers Association of Nigeria (RIFAN) vis-à-vis their collaboration

Inflation Declines for 12th Consecutive Month to 15.13%… Page 10

with the CBN's Anchor Borrowers' Programme (ABP), Okorafor stated that as at Tuesday, foreign reserves hit a new high of $42.8 billion just as the bank has so far disbursed Continued on page 6

Thursday 15 February, 2018 Vol 23. No 8337. Price: N250

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Ortom at Senate, Presents Copies of Letters on Security Threat to Presidency… Page 10

Fearing Adverse Impact on Buhari, 9 APC Senators Oppose Change in Election Order Walk out on Senate Allegation of inducement trails protest House adopts harmonised bill 7 RECs confirmed Damilola Oyedele and James Emejo in Abuja Fearing the amendment to Electoral Act, 2010 and Electoral (Amendment) Act 2015, reordering the sequence of 2019 general elections, would adversely affect the chances of President Muhammadu Buhari, nine All

Progressives Congress (APC) senators, on Wednesday, walked out on the Senate, vowing never to allow the alteration to stand. The aggrieved senators stormed out of the upper chambers, shortly after the adoption of the report of Continued on page 6

APC Losing Goodwill, Tinubu Tells Oyegun, Party Leaders PDP: Ask Buhari to join retirees' club Onyebuchi Ezigbo in Abuja The National Leader of the All Progressives Congress (APC), Senator Bola Tinubu, yesterday expressed concern that the party was losing the goodwill that heralded it to victory in 2015.

Speaking at a meeting with the National Chairman, Chief John Odigie-Oyegun, and members of the National Working Committee (NWC), Tinubu said the reason for some of the challenges the Continued on page 8

At Last, Embattled South African President, Zuma Resigns... Page 47

AMBASSADORIAL VISIT... Speaker, House of Representatives, Rt. Hon. Yakubu Dogara (Right), and Ambassador of Sweden to Nigeria, Ambassador Inger Ulvedt, during her courtesy visit to the speaker at the National Assembly, Abuja…yesterday


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THURSDAY 15TH FEBRUARY 2018 by THISDAY Newspapers Ltd - Issuu