Emefiele: Nigeria’s Monthly Import Bill Drops from $665.4m to $160.4m Promises to sustain stability in the forex market Obinna Chima The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday revealed that the various initiatives aimed
at encouraging domestic production, have resulted in Nigeria’s monthly import bill falling significantly from $665.4 million in January 2015, to $160.4 million as at October
2018, representing a drop by 75.9 per cent and an implied savings of over US$21 billion on food imports alone over that period. He disclosed this in a
keynote address he delivered at the 53rd Annual Bankers’ Dinner of the Chartered Institute of Bankers (CIBN) held in Lagos. According to him, many
entrepreneurs are now taking advantage of policies aimed at ramping local production to venture into the domestic production of the restricted items with remarkable successes
Army Warns against Subversion of Democratic Rule…
and great positive impact on employment. “The dramatic decline in our import bill and the increase in domestic production of these Continued on page 6
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Atiku Begins Race against Buhari Monday in Sokoto 14 directorates, 8 spokespersons rolled out for campaign Saraki: FG’s position on Atiku’s US Visa, signs of a government about to fall Adedayo Akinwale, Mercy Apollos in Abuja and Kemi Olaitan in Ibadan
The Presidential candidate of the opposition Peoples Democratic Party (PDP), Atiku Abubakar, will on Monday kick off his bid
to wrestle power from President Muhammadu Buhari at the February 16, 2019 Presidential election, with a campaign rally
in Sokoto State. The Director General of the Campaign Council and President of the Senate, Dr. Bukola Saraki
disclosed this at his inaugural press briefing in Abuja, where he also solicited the support of the media as the party begins
the journey of “Getting Nigeria Working Again”. Continued on page 6
Buhari Writes for Christian Newspaper, Says Christians, Muslims Must Unite I’m a descendant of Abraham; to those who seek to divide, I still hold my hands out in brotherhood and forgiveness Yemi Adebowale President Muhammadu Buhari yesterday wrote an article for a foreign Christian newspaper, Church Times UK, in which he described himself as a descendant of Abraham, a biblical hero regarded as the father of faith, while also urging Nigerian Christians and Muslims to unite and flourish together. The president in the opinion article, titled: “Don’t Politicise Religion in Nigeria,” published in the Anglican newspaper, supported his position with various Bible verses and declared, “Muslims and Christians should not only peacefully coexist, but should also flourish together.”
Also in the article, President Buhari said he was being accused of trying to turn Nigeria into an Islamic state, while the Boko Haram terrorists accused him of being anti-Islam. On the herdsmen/farmers' situation, he said herdsmen “tend to be predominantly Muslims, although not exclusively", while farmers "in certain areas of central Nigeria, are predominantly Christians," noting that there was need for understanding, calling for "reconciliation rather than division." The President praised late Samuel Ajayi Crowther in the article. He wrote: “In 1844, the Rev. Samuel Ajayi Crowther returned home to Yorubaland Continued on page 6
IN FOCUS… INEC: 2019 Election Primaries, Most WOMEN L-R: Wife of the Lagos State Governor, Bolanle; Governor Akinwunmi Ambode of Lagos State; wife of the Oyo State Governor, and Governor Abiola Ajimobi of Oyo State, during the closing ceremony of the 2018 National Women Conference Rancorous in Nigeria’s History… Page 54 Florence organised by the Oyo State Officials Wives Association (OYSOWA), in Ibadan…yesterday