Saturday 10th March 2018

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China to US: Your Claims on Our Loans to Africa Ridiculous Cites Lagos-Ibadan rail line, Mambila Dam among visible projects engaged with Chinese loan Senator Iroegbu and Alex Enumah in Abuja China yesterday described as ridiculous the United States advice to African governments to be wary of Chinese loans, saying that such loans are already visible

and speaking for itself. It also emerged yesterday that due to the unorganised nature of gemstone business in Nigeria, the country contributes about 10 per cent of about $12 billion revenue generated annually by Thailand from gemstone.

The U.S. Secretary of State, Rex Tillerson, on his first diplomatic trip to the continent, said on Thursday that African countries should be careful not to forfeit their sovereignty when they accept loans from China. Tillerson also said that Chinese

investments “do not bring significant job locally” and criticised how Beijing structured loans to African government. But the Economic and Commercial Counselor at the Embassy of the Peoples Republic of China, Zhao Linxiang, bitterly

criticised the United States at a news briefing in Abuja, citing the Lagos - Ibadan rail line and the Mambila Dam projects among the visible projects engaged with Chinese loan facility. Linxiang said Chinese loans to Africa were aimed at implementing

major China-Africa cooperation projects and promoting sustainable development in the continent. “African people should know the role the Chinese loans play in your economy; that is the most Continued on page 6

CBN Injects $335.43m into Forex Market … Page 6 Saturday 10 March, 2018 Vol 23. No 8360

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Herdsmen Kill 11 in Plateau as Buhari Launches Peace Agency

Seriki Adinoyi in Jos

After President Mohammadu Buhari launched Plateau State Peace-Building Agency in Jos

at about 6:30 PM on Thursday, at least 11 persons were again murdered by suspected herdsmen in two separate attacks in the early hours of yesterday.

The dastardly attacks took place even as the president expressed the commitment of the federal government to support and assist the Peace-Building Agency to end

the vicious cycle of violence in the state. The two-night attacks on Ganda village of Daffo district of Bokkos Local Government Area and on

Miango village of Bassa Local Government Area happened in the early hours of yesterday. The National President of Irigwe Development Association (IDA),

Hon. Sunday Abdu,claimed that the casualty figure of the Bassa attack was five, while Evangelist Cosntinued on page 6

Atiku: Abduction of Dapchi Schoolgirls is Carelessness by APC Government Accuses FG of failing to use 150,000 policemen guarding VIPs to protect girls 'The APC was vocal to the point of exploiting the issue of the Chibok girls…. some may even claim that they undermined the then government's efforts at resolving that unfortunate incident' Bayo Akinloye Former Vice President Atiku Abubakar has said that the ruling All Progressives Congress did not do enough to protect the schoolgirls who were kidnapped from their hostel in Dapchi, Yobe State, on February 19, describing the failure as carelessness. While Nigerians were still clamouring for the rescue of the remaining Chibok schoolgirls held captive by Boko Haram, a rival terrorist group, ISIS West Africa, stormed the Dapchi school and abducted 110 girls. Atiku, who responded to questions from THISDAY via email, expressed disappointment that the government failed to use the 150,000 policemen attached to VIPs to protect vulnerable schoolchildren in the North-East. “Let me paraphrase Oscar Wilde and say that to lose one set of girls to Boko Haram may be regarded as a misfortune; to lose another set, looks like carelessness. As an Cosntinued on page 6

STEPHANIE WEDS SAM JNR... L-R: Father of the groom, Chief Sam Iwuajoku; Senate President Bukola Saraki; the groom, Samuel Jnr and his bride Stephanie; wife of Senate President, Mrs. Toyin; President, Dangote Group, Alhaji Aliko Dangote; and former Ogun State governor, Chief Segun Osoba, at their traditional wedding ceremony... recently

Brace up for Change in 2019, David Mark Charges Nigerians ...Pg. 8


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