FG Vows to Prosecute Skye Bank Directors as NDIC Remits N107bn Surplus We cannot continue to bail-out banks while those responsible for the failure are shielded Ndubuisi Francis and James Emejo in Abuja The Minister of Finance, Zainab Ahmed has vowed that the federal government will bring to book all persons
responsible for the failure of the erstwhile Skye Bank, now Polaris Bank. Speaking yesterday during a familiarisation visit to the Nigerian Deposit Insurance Corporation (NDIC), she said
government cannot continue to bail-out banks with public funds while those behind the failure of banks are shielded from prosecution. The minister also commended the NDIC for
being up to date with the payment of its operating surpluses into the Consolidated Revenue Fund, stressing that till date, a total of N107 billion had been remitted. She said: "The example of
the recently wound-up Skye Bank, now Polaris Bank is something we would look into. We would find out what happened. Your investigation must be thorough; we are going to hold whoever was
responsible for the failure of that bank.” “We have to show some examples, we cannot just be bailing out banks and leaving Continued on page 6
Osun Poll: Saraki, Dogara, Secondus Lead Protest to INEC HQ … Page 6 Saturday 6 October, 2018 Vol 23. No 8571
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APC Set for Buhari’s Coronation Today Party unveils list of 24 governorship candidates
Onyebuchi Ezigbo in Abuja and Ernest Chinwo in Port Harcourt The All Progressives Congress
(APC) has said that no less than 7,000 delegates will participate in a voice vote to affirm the choice of President Muhammadu Buhari as the
party's presidential candidate at today's non-elective national convention in Abuja. This is as the ruling party has approved the election of
24 governorship candidates for the next year's general election. President Buhari had earlier been elected by majority of
APC party men through a direct primary election. Already, the venue of the convention, the Eagles Square has been put in shape with a
colourful display of Nigerian national flag and APC's flag. Also, security has been Continued on page 6
Horse Trading in Port Harcourt As Atiku, Saraki, Battle for Supremacy Tambuwal, Kwankwaso may spring surprise if they join forces with others
Our Correspondents
There was intense horse trading for the most part of last night going into the early hours of today, as the 12 presidential
aspirants of the Peoples Democratic Party (PDP) throw mouth-watering baits to delegates from across the 36 states of the federation and Abuja, who will, today in Port
ATIKU ABUBAKAR
Harcourt, Rivers State elect the party’s flag bearer in the 2019 presidential election. The National Convention of the party, which culminates with the emergence of a
BUKOLA SARAKI
ODDS FOR VICTORY 59%
ODDS FOR VICTORY 55%
Strength: Extensive contacts nationwide Huge war chest Courageous and consistent Has a team of professionals prosecuting his campaign
Strength: Seen as a team player Combines executive and legislative experience Political pedigree with wide exposure
presidential flag bearer, is a major step in the bid of the party to return to centre stage of governance in Nigeria, which it lost in 2015 to the All Progressives Congress (APC),
after an unbroken 16-year hold on power. There are 12 contenders jostling for a chance to lead lead the PDP's charge in the 2019 general elections.
AMINU TAMBUWAL
ODDS FOR VICTORY 45%
Strength: Young, vibrant and urbane Strong Legislative background Considered a defender of democratic ethos
They include former Vice President, Atiku Abubakar, Senate President Dr. Bukola Saraki and the governors of Continued on page 6
KWANKWASO
ODDS FOR VICTORY 40%
Strength: Rich executive and legislative experience Rich political experience Focused and determined Energetic