Market Analysts Push for SEC’s Independence as Regulator Oando says shareholders excited suspension on shares has been lifted Goddy Egene Following the latest change in leadership at the Securities and Exchange Commission (SEC), market analysts have pushed for the independence of the commission, with some cautioning that the continuing
changes may dampen investors’ confidence in the nation’s capital market. Their note of caution came a few days after Minister of Finance Kemi Adeosun
removed the acting director general of the capital market regulator, Dr. Abdul Zubair and replaced him with Mary Uduk. The minister also appointed three acting
commissioners for the commission. Zubair’s ouster followed the suspension five months ago of the substantive head of SEC Mr. Mounir Gwarzo
whose fate continues to hang in the balance despite the recommendation for his outright dismissal by an investigative panel set up by the minister to probe him.
Troops Mobilised as Police, Shiites Clash in Abuja... Page 44
Gwarzo was investigated for allegedly awarding contracts linked to him and his wife and for paying himself a severance package of N104 million. The changes, which market operators, observed was the Continued on page 9
Tuesday 17 April, 2018 Vol 23. No 8398. Price: N250
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How Jonathan Conceded 2015 Election, Book by Okonjo-Iweala Reveals. … Page 9
Buhari: I’m More Concerned About Security, the Economy Than 2019 Polls Omololu Ogunmade in London President Muhammadu Buhari yesterday told British Prime Minister Theresa May at her No. 10 Downing Street office in London that he was more worried about the state of Nigeria’s security and the economy than the 2019 election, which he declared last week that he intends to re-contest. The president, who made the remark while holding
bilateral talks with the prime minister, recalled that his administration was propelled by a three-point campaign agenda: security, anti-corruption fight and economic revival. According to him, as the 2019 elections draw near, politicians are pre-occupied with the forthcoming polls while he was more bothered by the state of the nation’s security and economy. Continued on page 6
US Military Worried over Rising Foreign Extremists’ Attacks in Nigeria, Other Countries Suspected herdsmen continue rampage, kill four policemen, others in Benue, Nasarawa Paul Obi in Abuja, George Okoh in Makurdi and Emmanuel Ukumba in Lafia Barely one week after President Muhammadu Buhari blamed the rise in attacks by suspected herdsmen on foreign militia once trained by Libya’s Muammar Gaddafi, the United States military yesterday expressed great concern over incessant attacks by foreign extremists in Nigeria and other West African countries.
Speaking at the African Land Forces Summit in Abuja, the Commanding General of the U.S. Army, Africa, Brig.-Gen. Eugene LeBoeuf said insecurity and terrorism in Nigeria and other West African nations have been fueled by the invasion of foreign extremists in the region. LeBoeuf’s remarks came just as gunmen, masquerading as herders of cattle continued Continued on page 6
President Muhammadu Buhari (right) with the British Prime Minister, Theresa May, when Buhari met with May to hold bilateral talks at No 10 Downing Street, London… yesterday